{"id":46510,"date":"2024-03-06T21:23:04","date_gmt":"2024-03-07T02:23:04","guid":{"rendered":"https:\/\/prefblog.com\/?p=46510"},"modified":"2024-03-06T21:23:04","modified_gmt":"2024-03-07T02:23:04","slug":"march-6-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46510","title":{"rendered":"March 6, 2024"},"content":{"rendered":"

No surprises from the BoC<\/a>:<\/p>\n

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5\u00bc% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.<\/p>\n

Global economic growth slowed in the fourth quarter. US GDP growth also slowed but remained surprisingly robust and broad-based, with solid contributions from consumption and exports. Euro area economic growth was flat at the end of the year after contracting in the third quarter. Inflation in the United States and the euro area continued to ease. Bond yields have increased since January while corporate credit spreads have narrowed. Equity markets have risen sharply. Global oil prices are slightly higher than what was assumed in the January Monetary Policy Report (MPR).<\/p>\n

In Canada, the economy grew in the fourth quarter by more than expected, although the pace remained weak and below potential. Real GDP expanded by 1% after contracting 0.5% in the third quarter. Consumption was up a modest 1%, and final domestic demand contracted with a large decline in business investment. A strong increase in exports boosted growth. Employment continues to grow more slowly than the population, and there are now some signs that wage pressures may be easing. Overall, the data point to an economy in modest excess supply.<\/p>\n

CPI inflation eased to 2.9% in January, as goods price inflation moderated further. Shelter price inflation remains elevated and is the biggest contributor to inflation. Underlying inflationary pressures persist: year-over-year and three-month measures of core inflation are in the 3% to 3.5% range, and the share of CPI components growing above 3% declined but is still above the historical average. The Bank continues to expect inflation to remain close to 3% during the first half of this year before gradually easing.<\/p>\n

Governing Council decided to hold the policy rate at 5% and to continue to normalize the Bank\u2019s balance sheet. The Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation. Governing Council wants to see further and sustained easing in core inflation and continues to focus on the balance between demand and supply in the economy, inflation expectations, wage growth, and corporate pricing behaviour. The Bank remains resolute in its commitment to restoring price stability for Canadians.<\/p><\/blockquote>\n

PerpetualDiscounts now yield 6.70%, equivalent to 8.71% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> yielded 5.03% on 2024-3-5 and since then the closing price has changed from 15.24 to 15.29, an increase of 33bp with a duration (BMO doesn’t specify Macaulay or Modified; I will assume Modified) of 12.43, which implies a decrease in yield of 3bp, to 5.00%. Therefore, the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) has widened to 370bp from the 360bp reported February 21<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0812 %<\/td>\n2,352.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0812 %<\/td>\n4,512.7<\/td>\n<\/tr>\n
Floater<\/td>\n10.23 %<\/td>\n10.56 %<\/td>\n42,559<\/td>\n8.99<\/td>\n1<\/td>\n0.0812 %<\/td>\n2,600.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2536 %<\/td>\n3,391.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.96 %<\/td>\n7.50 %<\/td>\n45,084<\/td>\n1.87<\/td>\n7<\/td>\n-0.2536 %<\/td>\n4,050.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2536 %<\/td>\n3,160.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0428 %<\/td>\n2,640.1<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.51 %<\/td>\n6.70 %<\/td>\n47,338<\/td>\n12.87<\/td>\n31<\/td>\n0.0428 %<\/td>\n2,878.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.45 %<\/td>\n7.21 %<\/td>\n111,306<\/td>\n12.25<\/td>\n59<\/td>\n0.3955 %<\/td>\n2,424.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.35 %<\/td>\n6.54 %<\/td>\n60,562<\/td>\n13.23<\/td>\n22<\/td>\n-0.0325 %<\/td>\n2,829.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.95 %<\/td>\n10.12 %<\/td>\n33,376<\/td>\n9.38<\/td>\n3<\/td>\n-0.2630 %<\/td>\n2,601.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n7.01 %<\/td>\n7.00 %<\/td>\n157,943<\/td>\n12.35<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,490.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3955 %<\/td>\n2,477.9<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.54 %<\/td>\n7.37 %<\/td>\n77,096<\/td>\n12.34<\/td>\n14<\/td>\n-0.8322 %<\/td>\n2,565.0<\/td>\n<\/tr>\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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-12.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 8.28 %<\/td>\n<\/tr>\n
IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-6.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-5.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-4.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.40
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n
FTS.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.51
\nEvaluated at bid price : 19.51
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 13.75
\nEvaluated at bid price : 13.75
\nBid-YTW : 8.16 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 8.18 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.44
\nBid-YTW : 7.04 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.99
\nEvaluated at bid price : 17.99
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.16
\nEvaluated at bid price : 17.16
\nBid-YTW : 9.06 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.19
\nEvaluated at bid price : 19.19
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n
PVS.PR.I<\/td>\nSplitShare<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.86
\nBid-YTW : 7.77 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 8.11 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.42
\nEvaluated at bid price : 21.75
\nBid-YTW : 8.63 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 7.62 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 9.34 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.35
\nEvaluated at bid price : 20.35
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 7.11 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 7.16 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.95
\nEvaluated at bid price : 20.95
\nBid-YTW : 6.86 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.89
\nEvaluated at bid price : 19.89
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.36
\nEvaluated at bid price : 20.36
\nBid-YTW : 8.72 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.37
\nEvaluated at bid price : 21.37
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n2.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.97
\nEvaluated at bid price : 19.97
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n3.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n7.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 22.67
\nEvaluated at bid price : 23.80
\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n10.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 22.10
\nEvaluated at bid price : 22.75
\nBid-YTW : 6.35 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n66,016<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.05
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n54,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 22.17
\nEvaluated at bid price : 22.50
\nBid-YTW : 7.76 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n42,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.89
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n39,591<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n34,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 14.60
\nEvaluated at bid price : 14.60
\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n32,940<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 8.06 %<\/td>\n<\/tr>\n
There were 14 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\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
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 22.20 – 24.75
\nSpot Rate : 2.5500
\nAverage : 1.4525<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

CU.PR.E<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.95 – 20.70
\nSpot Rate : 1.7500
\nAverage : 1.1108<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 18.95
\nEvaluated at bid price : 18.95
\nBid-YTW : 6.52 %<\/td>\n<\/tr>\n

IAF.PR.B<\/td>\nInsurance Straight<\/td>\nQuote: 20.01 – 21.70
\nSpot Rate : 1.6900
\nAverage : 1.0880<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.75 – 19.20
\nSpot Rate : 1.4500
\nAverage : 1.0921<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.43 %<\/td>\n<\/tr>\n

IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.94 – 18.99
\nSpot Rate : 1.0500
\nAverage : 0.7191<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.38 – 20.15
\nSpot Rate : 0.7700
\nAverage : 0.5060<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-06
\nMaturity Price : 19.38
\nEvaluated at bid price : 19.38
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

No surprises from the BoC: The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5\u00bc% and the deposit rate at 5%. The Bank is continuing …<\/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-46510","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46510","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=46510"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46510\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46510"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46510"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46510"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}