{"id":8385,"date":"2009-10-27T19:20:40","date_gmt":"2009-10-27T23:20:40","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=8385"},"modified":"2009-10-27T19:20:40","modified_gmt":"2009-10-27T23:20:40","slug":"research-break-even-rate-shock","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=8385","title":{"rendered":"Research: Break-Even Rate Shock"},"content":{"rendered":"<p>Investors will often purchase FixedResets in preference to PerpetualDiscounts because &#8220;there is better inflation protection&#8221;. In this essay, derived from the appendix to the June, 2009, <a href=\"http:\/\/www.prefletter.com\">PrefLetter<\/a>, I attempt to quantify and discuss this effect.<\/p>\n<p>The related Break-Even Rate Shock Calculator has been <a href=\"http:\/\/www.prefblog.com\/?p=7511\">published previously<\/a>.<\/p>\n<p>Look for the research link!<\/p>\n<div align=\"center\"><a href=\"http:\/\/www.himivest.com\/media\/moneysaver_0910.pdf\"><img decoding=\"async\" src=\"http:\/\/www.prefblog.com\/images\/ad_BERS.jpg\"><\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Investors will often purchase FixedResets in preference to PerpetualDiscounts because &#8220;there is better inflation protection&#8221;. In this essay, derived from the appendix to the June, 2009, PrefLetter, I attempt to quantify and discuss this effect. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22],"tags":[],"class_list":["post-8385","post","type-post","status-publish","format-standard","hentry","category-publications"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/8385","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=8385"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/8385\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8385"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8385"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8385"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}