Several equity markets rebounded in March, erasing some of the early 2022 losses. However, it was interest rate markets that took centre stage in March, with bond yields rising to multi-year highs. As we head into April, one focus is bonds and how they react to central bank policy updates and further above-average inflation data. Furthermore, the war in Ukraine continues to garner our attention. Breaking all this down is ANZ Investments’ Month Ahead for April.