Under direction of this senior group, the FSB carried out its Holistic Review of the March Market Turmoil (Holistic Review), which examined not only how different sectors of the market were affected, but also how these effects were transmitted throughout the system and which aspects of the financial system structure may have amplified stress.
Yields on long-term government bonds rose slightly and are mainly moving in the range of 1.5-1.6 percent recently. Yield spreads between private bonds (bank debentures and corporate bonds) and government bonds remain mostly unchanged as a whole. Stock prices continue to weaken.