{"id":43157,"date":"2022-03-21T19:53:11","date_gmt":"2022-03-22T00:53:11","guid":{"rendered":"https:\/\/prefblog.com\/?p=43157"},"modified":"2022-03-21T19:53:11","modified_gmt":"2022-03-22T00:53:11","slug":"march-21-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43157","title":{"rendered":"March 21, 2022"},"content":{"rendered":"

Powell was hawkish today<\/a>:<\/p>\n

\u201cThere is an obvious need to move expeditiously to return the stance of monetary policy to a more neutral level, and then to move to more restrictive levels if that is what is required to restore price stability,\u201d Mr. Powell said during remarks to a conference of business economists.
\n…<\/b>
\n\u201cIf we conclude that it is appropriate to move more aggressively by raising the federal funds rate by more than 25 basis points at a meeting or meetings, we will do so,\u201d Mr. Powell said. \u201cAnd if we determine that we need to tighten beyond common measures of neutral and into a more restrictive stance, we will do that as well.\u201d<\/p>\n

Asked what would keep the Fed from raising interest rates by half a percentage point at its next meeting in May, Mr. Powell replied, \u201cNothing.\u201d He said the Fed had not yet made a decision on its next rate increase but noted that officials would make a supersized move if they thought one was appropriate.<\/p>\n

\u201cThe expectation going into this year was that we would basically see inflation peaking in the first quarter, then maybe leveling out,\u201d Mr. Powell said. \u201cThat story has already fallen apart. To the extent that it continues to fall apart, my colleagues and I may well reach the conclusion that we\u2019ll need to move more quickly.\u201d<\/p><\/blockquote>\n

… and the GOC-5 yield jumped to 2.18%<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref\u2122 Preferred Indices
\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong>
\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
\nCurrent
\nYield
\n(at bid)<\/td>\n		Median
\nYTW<\/td>\n		Median
\nAverage
\nTrading
\nValue<\/td>\n		Median
\nMod Dur
\n(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n3.25 %<\/td>\n3.81 %<\/td>\n29,516<\/td>\n19.60<\/td>\n1<\/td>\n-0.5157 %<\/td>\n2,747.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3306 %<\/td>\n5,228.7<\/td>\n<\/tr>\n
Floater<\/td>\n3.36 %<\/td>\n3.35 %<\/td>\n61,807<\/td>\n18.87<\/td>\n3<\/td>\n-0.3306 %<\/td>\n3,013.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6168 %<\/td>\n3,617.5<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n4.44 %<\/td>\n30,653<\/td>\n3.39<\/td>\n7<\/td>\n-0.6168 %<\/td>\n4,320.0<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.6168 %<\/td>\n3,370.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.34 %<\/td>\n-1.27 %<\/td>\n61,281<\/td>\n0.08<\/td>\n17<\/td>\n-0.2207 %<\/td>\n3,190.2<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.09 %<\/td>\n5.17 %<\/td>\n64,948<\/td>\n15.13<\/td>\n16<\/td>\n-0.0984 %<\/td>\n3,628.6<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.20 %<\/td>\n4.88 %<\/td>\n119,968<\/td>\n15.68<\/td>\n46<\/td>\n-0.7987 %<\/td>\n2,699.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.09 %<\/td>\n4.76 %<\/td>\n91,862<\/td>\n15.25<\/td>\n18<\/td>\n-0.1216 %<\/td>\n3,524.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.12 %<\/td>\n3.46 %<\/td>\n41,253<\/td>\n18.63<\/td>\n2<\/td>\n0.1707 %<\/td>\n2,857.0<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n4.75 %<\/td>\n3.56 %<\/td>\n146,569<\/td>\n1.99<\/td>\n23<\/td>\n0.0851 %<\/td>\n2,704.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.7987 %<\/td>\n2,759.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.19 %<\/td>\n4.84 %<\/td>\n71,971<\/td>\n15.88<\/td>\n15<\/td>\n1.2320 %<\/td>\n2,865.7<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-45.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 12.29
\nEvaluated at bid price : 12.29
\nBid-YTW : 9.44 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-10.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-3.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-3.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.97
\nEvaluated at bid price : 24.25
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Premium<\/td>\n-2.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.08
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
PVS.PR.F<\/td>\nSplitShare<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2024-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 16.06
\nEvaluated at bid price : 16.06
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 19.92
\nEvaluated at bid price : 19.92
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 24.40
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.55
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.86
\nEvaluated at bid price : 23.85
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 4.95 %<\/td>\n<\/tr>\n
PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.98
\nEvaluated at bid price : 24.23
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.09
\nEvaluated at bid price : 22.45
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 3.66 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.60
\nEvaluated at bid price : 23.87
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.36
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 20.88
\nEvaluated at bid price : 20.88
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 24.28
\nEvaluated at bid price : 24.70
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.08
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.33
\nEvaluated at bid price : 23.05
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.00
\nEvaluated at bid price : 23.43
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.23
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.28
\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.36
\nEvaluated at bid price : 22.75
\nBid-YTW : 4.83 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.03
\nEvaluated at bid price : 22.60
\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 24.23
\nEvaluated at bid price : 24.60
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n2.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.88
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
ELF.PR.G<\/td>\nPerpetual-Discount<\/td>\n3.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.25
\nEvaluated at bid price : 23.55
\nBid-YTW : 5.11 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n3.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n3.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.38
\nEvaluated at bid price : 22.86
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
\nTraded<\/td>\n		Notes<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n81,750<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 5.61 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n68,240<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.88
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Premium<\/td>\n38,623<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 24.65
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n31,556<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 19.92
\nEvaluated at bid price : 19.92
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n30,100<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-04-20
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 3.31 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n22,450<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 22.16
\nEvaluated at bid price : 22.55
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
There were 9 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 12.29 – 22.92
\nSpot Rate : 10.6300
\nAverage : 5.7455<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 12.29
\nEvaluated at bid price : 12.29
\nBid-YTW : 9.44 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 21.50 – 24.15
\nSpot Rate : 2.6500
\nAverage : 1.7505<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n

SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.27 – 19.00
\nSpot Rate : 1.7300
\nAverage : 1.0246<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.70 – 24.70
\nSpot Rate : 1.0000
\nAverage : 0.6290<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 23.41
\nEvaluated at bid price : 23.70
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

BAM.PR.B<\/td>\nFloater<\/td>\nQuote: 14.09 – 15.00
\nSpot Rate : 0.9100
\nAverage : 0.5774<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 14.09
\nEvaluated at bid price : 14.09
\nBid-YTW : 3.35 %<\/td>\n<\/tr>\n

BAM.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 20.00 – 21.19
\nSpot Rate : 1.1900
\nAverage : 0.8915<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-03-21
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Powell was hawkish today: \u201cThere is an obvious need to move expeditiously to return the stance of monetary policy to a more neutral level, and then to move to more restrictive levels if that is …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-43157","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43157","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=43157"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43157\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43157"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43157"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43157"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}