{"id":18021,"date":"2022-03-21T11:17:12","date_gmt":"2022-03-21T10:17:12","guid":{"rendered":"https:\/\/lazardfreresgestion-tribune.fr\/?p=18021"},"modified":"2022-03-21T11:17:58","modified_gmt":"2022-03-21T10:17:58","slug":"risk-free-bonds-historic-losses-in-the-united-states","status":"publish","type":"post","link":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/","title":{"rendered":"Risk-free bonds: historic losses in the United States"},"content":{"rendered":"<h2>Chart of the week<\/h2>\n<p>The tightening of monetary policy by central banks is leading to a general rise in interest rates, including for long maturities. The rise in rates reduces the price of bonds already issued. If the carry does not compensate for this price effect, the investment will have a negative performance.<\/p>\n<p>The Bloomberg US Treasury index, which represents the performance of US Treasury bonds, with the exception of the shortest maturities, has lost more than 8% from its summer 2020 high, a record since the inception of the index in 1973.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18016\" src=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/03\/Capture-1-3-300x141.png\" alt=\"\" width=\"998\" height=\"469\" srcset=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/03\/Capture-1-3-300x141.png 300w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/03\/Capture-1-3-768x362.png 768w, https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/03\/Capture-1-3-1536x724.png 1536w\" sizes=\"auto, (max-width: 998px) 100vw, 998px\" \/><\/p>\n<h2><b>OUR ANALYSIS<\/b><\/h2>\n<p>The average yield on US Treasury bonds is now 2.2%. If rates were to remain at current levels, it would take almost four years to make up for the losses accumulated since early August. But the most likely outcome is that rates will continue to rise over the next few quarters and weigh even more on performance. With an average duration close to 7, a 30 basis point increase would be enough to erase another year of carry.<\/p>\n<p>What will be the impact of this decline on household wealth? Bond investments represent less than 10% of households&#8217; financial assets, far behind equity investments, pension rights and bank deposits. Real estate assets represent four times these bond assets. It is therefore equities and real estate that will have the most significant impact on household finances.<\/p>\n<p>See also:\u00a0<a href=\"https:\/\/latribune.lazardfreresgestion.fr\/en\/eurozone-inflation-still-accelerating\/\">https:\/\/latribune.lazardfreresgestion.fr\/en\/eurozone-inflation-still-accelerating\/<\/a><\/p>\n<p style=\"text-align: center;\">***<\/p>\n<p>The opinion expressed above is dated March 18, 2022 and is subject to change.<\/p>\n<p>*Sources : Bloomberg and calculation from Lazard Fr\u00e8res Gestion<\/p>\n<p>As of : March 18, 2022<\/p>\n<p>This document is not pre-contractual or contractual in nature. It is provided for information purposes. The analyses and descriptions contained in this document shall not be interpreted as being advice or recommendations on the part of Lazard Fr\u00e8res Gestion SAS. This document does not constitute an offer or invitation to purchase or sell, nor an encouragement to invest. This document is the intellectual property of Lazard Fr\u00e8res Gestion SAS. LAZARD FRERES GESTION \u2013 a simplified joint stock company with share capital of \u20ac14,487,500 &#8211; Paris Trade and Companies Registry No. 352 213 599. 25, RUE DE COURCELLES &#8211; 75008 PARIS, FRANCE<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chart of the week The tightening of monetary policy by central banks is leading to a general rise in interest&hellip; <\/p>\n","protected":false},"author":101016,"featured_media":17862,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[148],"tags":[2439,1922],"class_list":["post-18021","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-chart-of-the-week","tag-risk-free-bonds","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion<\/title>\n<meta name=\"description\" content=\"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta property=\"og:description\" content=\"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta property=\"og:url\" content=\"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/\" \/>\n<meta property=\"og:site_name\" content=\"Tribune Lazard Fr\u00e8res Gestion\" \/>\n<meta property=\"article:published_time\" content=\"2022-03-21T10:17:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-21T10:17:58+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"2560\" \/>\n\t<meta property=\"og:image:height\" content=\"1707\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Lazard Freres Gestion\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@LazardGestion\" \/>\n<meta name=\"twitter:site\" content=\"@LazardGestion\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Lazard Freres Gestion\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/\"},\"author\":{\"name\":\"Lazard Freres Gestion\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#\\\/schema\\\/person\\\/4a2bad19c535814f1e1473d181f83e9c\"},\"headline\":\"Risk-free bonds: historic losses in the United States\",\"datePublished\":\"2022-03-21T10:17:12+00:00\",\"dateModified\":\"2022-03-21T10:17:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/\"},\"wordCount\":358,\"publisher\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg\",\"keywords\":[\"risk-free bonds\",\"United States\"],\"articleSection\":[\"Chart of the week\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/\",\"url\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/\",\"name\":\"Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg\",\"datePublished\":\"2022-03-21T10:17:12+00:00\",\"dateModified\":\"2022-03-21T10:17:58+00:00\",\"description\":\"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion\",\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/risk-free-bonds-historic-losses-in-the-united-states\\\/#primaryimage\",\"url\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2022\\\/02\\\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg\",\"width\":2560,\"height\":1707},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#website\",\"url\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/\",\"name\":\"Tribune Lazard Fr\u00e8res Gestion\",\"description\":\"Blog\",\"publisher\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#organization\",\"name\":\"Lazard Fr\u00e8res Gestion\",\"url\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/LOGOLINKEDINVF-2.png\",\"contentUrl\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/wp-content\\\/uploads\\\/2019\\\/03\\\/LOGOLINKEDINVF-2.png\",\"width\":5000,\"height\":5000,\"caption\":\"Lazard Fr\u00e8res Gestion\"},\"image\":{\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/LazardGestion\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/lazard-freres-gestion\\\/\",\"https:\\\/\\\/www.youtube.com\\\/channel\\\/UCI1a03ScxMW6clPl82UO_tQ\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/latribune.lazardfreresgestion.fr\\\/en\\\/#\\\/schema\\\/person\\\/4a2bad19c535814f1e1473d181f83e9c\",\"name\":\"Lazard Freres Gestion\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g\",\"caption\":\"Lazard Freres Gestion\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion","description":"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/","og_locale":"en_US","og_type":"article","og_title":"Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion","og_description":"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion","og_url":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/","og_site_name":"Tribune Lazard Fr\u00e8res Gestion","article_published_time":"2022-03-21T10:17:12+00:00","article_modified_time":"2022-03-21T10:17:58+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg","type":"image\/jpeg"}],"author":"Lazard Freres Gestion","twitter_card":"summary_large_image","twitter_creator":"@LazardGestion","twitter_site":"@LazardGestion","twitter_misc":{"Written by":"Lazard Freres Gestion","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/#article","isPartOf":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/"},"author":{"name":"Lazard Freres Gestion","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#\/schema\/person\/4a2bad19c535814f1e1473d181f83e9c"},"headline":"Risk-free bonds: historic losses in the United States","datePublished":"2022-03-21T10:17:12+00:00","dateModified":"2022-03-21T10:17:58+00:00","mainEntityOfPage":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/"},"wordCount":358,"publisher":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#organization"},"image":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/#primaryimage"},"thumbnailUrl":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg","keywords":["risk-free bonds","United States"],"articleSection":["Chart of the week"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/","url":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/","name":"Risk-free bonds: historic losses in the United States &#8211; Tribune Lazard Fr\u00e8res Gestion","isPartOf":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/#primaryimage"},"image":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/#primaryimage"},"thumbnailUrl":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg","datePublished":"2022-03-21T10:17:12+00:00","dateModified":"2022-03-21T10:17:58+00:00","description":"Risk-free bonds: historic losses in the United States Chart of the week Tribune Lazard Fr\u00e8res Gestion","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/risk-free-bonds-historic-losses-in-the-united-states\/#primaryimage","url":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg","contentUrl":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2022\/02\/Batiment-de-la-Reserve-federale-americaine-coucher-soleil-1-scaled.jpg","width":2560,"height":1707},{"@type":"WebSite","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#website","url":"https:\/\/latribune.lazardfreresgestion.fr\/en\/","name":"Tribune Lazard Fr\u00e8res Gestion","description":"Blog","publisher":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/latribune.lazardfreresgestion.fr\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#organization","name":"Lazard Fr\u00e8res Gestion","url":"https:\/\/latribune.lazardfreresgestion.fr\/en\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#\/schema\/logo\/image\/","url":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2019\/03\/LOGOLINKEDINVF-2.png","contentUrl":"https:\/\/latribune.lazardfreresgestion.fr\/wp-content\/uploads\/2019\/03\/LOGOLINKEDINVF-2.png","width":5000,"height":5000,"caption":"Lazard Fr\u00e8res Gestion"},"image":{"@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/LazardGestion","https:\/\/www.linkedin.com\/company\/lazard-freres-gestion\/","https:\/\/www.youtube.com\/channel\/UCI1a03ScxMW6clPl82UO_tQ"]},{"@type":"Person","@id":"https:\/\/latribune.lazardfreresgestion.fr\/en\/#\/schema\/person\/4a2bad19c535814f1e1473d181f83e9c","name":"Lazard Freres Gestion","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/128f0714f61071a51906906969e21f6ee66c72ddf9e381e561272ca0fbd906eb?s=96&d=mm&r=g","caption":"Lazard Freres Gestion"}}]}},"_links":{"self":[{"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/posts\/18021","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/users\/101016"}],"replies":[{"embeddable":true,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/comments?post=18021"}],"version-history":[{"count":2,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/posts\/18021\/revisions"}],"predecessor-version":[{"id":18023,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/posts\/18021\/revisions\/18023"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/media\/17862"}],"wp:attachment":[{"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/media?parent=18021"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/categories?post=18021"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/latribune.lazardfreresgestion.fr\/en\/wp-json\/wp\/v2\/tags?post=18021"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}