{"id":108408,"date":"2021-10-25T10:30:00","date_gmt":"2021-10-25T14:30:00","guid":{"rendered":"https:\/\/ibkrcampus.com\/?p=108408"},"modified":"2023-01-19T15:16:53","modified_gmt":"2023-01-19T20:16:53","slug":"municipal-market-insight-2","status":"publish","type":"post","link":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/","title":{"rendered":"Municipal Market Insights"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\" id=\"h-by-james-schwartz-cfa-peter-hayes-sean-carney\">By: <a href=\"https:\/\/www.blackrock.com\/us\/individual\/biographies\/james-schwartz\">James Schwartz, CFA<\/a>&nbsp;, <a href=\"https:\/\/www.blackrock.com\/us\/individual\/biographies\/peter-hayes\">Peter Hayes<\/a>, &amp; &nbsp;<a href=\"https:\/\/www.blackrock.com\/us\/individual\/biographies\/sean-carney\">Sean Carney<\/a><\/h2>\n\n\n\n<h2 class=\"wp-block-heading\">Munis remained tethered to rates in September<\/h2>\n\n\n\n<ul class=\"wp-block-list\"><li>Rising interest rates drove negative total returns.<\/li><li>Supply and demand dynamics turned less seasonally favorable and acted as a headwind.<\/li><li>More attractive valuations could provide near-term opportunity.<\/li><\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Municipal and Treasury yield movements<\/h2>\n\n\n\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" width=\"642\" height=\"410\" data-src=\"\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png\" alt=\"Municipal and Treasury yield movements\" class=\"wp-image-108409 lazyload\" data-srcset=\"https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png 642w, https:\/\/ibkrcampus.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101-300x192.png 300w\" data-sizes=\"(max-width: 642px) 100vw, 642px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 642px; aspect-ratio: 642\/410;\" \/><\/figure>\n\n\n\n<p><a href=\"https:\/\/www.blackrock.com\/us\/individual\/literature\/product-commentary\/municipal-market-update-en-us.pdf\" target=\"_blank\" rel=\"noreferrer noopener\">View Commentary<\/a><\/p>\n\n\n\n<p>&#8212;<\/p>\n\n\n\n<p>Originally Posted on October 13, 2021 &#8211; <a href=\"https:\/\/www.blackrock.com\/us\/individual\/insights\/municipal-monthly\">Municipal Market Insight<\/a><\/p>\n\n\n\n<p><em>Performance data quoted represents past performance and is no guarantee of future results. Investment returns and principal values may fluctuate so that an investor\u2019s shares, when redeemed, may be worth more or less than their original cost. All returns assume reinvestment of dividends and capital gains. Current performance may be lower or higher than that shown. Refer to blackrock.com for most recent month-end performance.<\/em><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p><sup>\u00a9<\/sup> 2021 BlackRock, Inc. All rights reserved.<\/p>\n\n\n\n<p><em><strong>Carefully consider the Funds&#8217; investment objectives, risk factors, and charges and expenses before investing. This and other information can be found in the Funds&#8217; prospectuses or, if available, the&nbsp;summary prospectuses&nbsp;which may be obtained visiting the&nbsp;iShares ETF&nbsp;and&nbsp;BlackRock Mutual Fund&nbsp;prospectus pages. Read the prospectus carefully before investing.<\/strong><\/em><\/p>\n\n\n\n<p><strong><em>Investing involves risk, including possible loss of principal.<\/em><\/strong><\/p>\n\n\n\n<p>Fixed income risks&nbsp;include interest-rate and credit risk. Typically, when interest rates rise, there is a corresponding decline in bond values. Credit risk refers to the possibility that the bond issuer will not be able to make principal and interest payments.<\/p>\n\n\n\n<p>There may be less information on the financial condition of municipal issuers than for public corporations. The market for municipal bonds may be less liquid than for taxable bonds. Some investors may be subject to federal or state income taxes or the Alternative Minimum Tax (AMT). Capital gains distributions, if any, are taxable.<\/p>\n\n\n\n<p>A portion of the income may be taxable.<\/p>\n\n\n\n<p><strong>Index performance is for illustrative purposes only. &nbsp;Index performance does not reflect any management fees, transaction costs or expenses. Indexes are unmanaged and one cannot invest directly in an index. Past performance does not guarantee future results.<\/strong><\/p>\n\n\n\n<p>This material is not intended to be relied upon as a forecast, research or investment advice, and is not a recommendation, offer or solicitation to buy or sell any securities or to adopt any investment strategy.<\/p>\n\n\n\n<p>The opinions expressed are as of&nbsp;October 13, 2021, and may change as subsequent conditions vary.<\/p>\n\n\n\n<p>The information and opinions contained in this material are derived from proprietary and nonproprietary sources deemed by BlackRock to be reliable, are not necessarily all-inclusive and are not guaranteed as to accuracy. As such, no warranty of accuracy or reliability is given and no responsibility arising in any other way for errors and omissions (including responsibility to any person by reason of negligence) is accepted by BlackRock, its officers, employees or agents. This material may contain \u201cforward-looking\u201d information that is not purely historical in nature. Such information may include, among other things, projections and forecasts. There is no guarantee that any forecasts made will come to pass. Reliance upon information in this material is at the sole discretion of the reader.<\/p>\n\n\n\n<p>Prepared by BlackRock Investments, LLC, member FINRA.<\/p>\n\n\n\n<p><strong>Not FDIC Insured | May Lose Value | No Bank Guarantee<\/strong><\/p>\n\n\n\n<p><sup>\u00a9<\/sup> 2021 BlackRock, Inc. All Rights Reserved.&nbsp;<strong>BLACKROCK<\/strong>,&nbsp;<strong>iSHARES<\/strong>&nbsp;and&nbsp;<strong>ALADDIN<\/strong>&nbsp;are trademarks of BlackRock, Inc. or its subsidiaries in the United States and elsewhere. All other trademarks are those of their respective owners.<\/p>\n\n\n\n<p>USRRMH1021U\/S-1872442<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.<\/p>\n","protected":false},"author":186,"featured_media":108409,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[15,6,8,9,26,3],"tags":[620],"contributors-categories":[13587],"class_list":{"0":"post-108408","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-fixed-income","8":"category-north-america","9":"category-region","10":"category-securities","11":"category-text-articles","12":"category-traders-insight","13":"tag-municipal-bonds","14":"contributors-categories-blackrock"},"pp_statuses_selecting_workflow":false,"pp_workflow_action":"current","pp_status_selection":"publish","acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.9 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Municipal Market Insights | Traders&#039; Insight<\/title>\n<meta name=\"description\" content=\"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/108408\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Municipal Market Insights | IBKR Campus US\" \/>\n<meta property=\"og:description\" content=\"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/\" \/>\n<meta property=\"og:site_name\" content=\"IBKR Campus US\" \/>\n<meta property=\"article:published_time\" content=\"2021-10-25T14:30:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-19T20:16:53+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png\" \/>\n\t<meta property=\"og:image:width\" content=\"642\" \/>\n\t<meta property=\"og:image:height\" content=\"410\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Contributor Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Contributor Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\n\t    \"@context\": \"https:\\\/\\\/schema.org\",\n\t    \"@graph\": [\n\t        {\n\t            \"@type\": \"NewsArticle\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/#article\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/\"\n\t            },\n\t            \"author\": {\n\t                \"name\": \"Contributor Author\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\"\n\t            },\n\t            \"headline\": \"Municipal Market Insights\",\n\t            \"datePublished\": \"2021-10-25T14:30:00+00:00\",\n\t            \"dateModified\": \"2023-01-19T20:16:53+00:00\",\n\t            \"mainEntityOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/\"\n\t            },\n\t            \"wordCount\": 569,\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/image-101.png\",\n\t            \"keywords\": [\n\t                \"municipal bonds\"\n\t            ],\n\t            \"articleSection\": [\n\t                \"Fixed Income\",\n\t                \"North America\",\n\t                \"Region\",\n\t                \"Securities\",\n\t                \"Text Articles\",\n\t                \"Traders' Insight\"\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"WebPage\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/\",\n\t            \"name\": \"Municipal Market Insights | IBKR Campus US\",\n\t            \"isPartOf\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\"\n\t            },\n\t            \"primaryImageOfPage\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/#primaryimage\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/#primaryimage\"\n\t            },\n\t            \"thumbnailUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/image-101.png\",\n\t            \"datePublished\": \"2021-10-25T14:30:00+00:00\",\n\t            \"dateModified\": \"2023-01-19T20:16:53+00:00\",\n\t            \"description\": \"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"ReadAction\",\n\t                    \"target\": [\n\t                        \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/\"\n\t                    ]\n\t                }\n\t            ]\n\t        },\n\t        {\n\t            \"@type\": \"ImageObject\",\n\t            \"inLanguage\": \"en-US\",\n\t            \"@id\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/traders-insight\\\/securities\\\/fixed-income\\\/municipal-market-insight-2\\\/#primaryimage\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/image-101.png\",\n\t            \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2021\\\/10\\\/image-101.png\",\n\t            \"width\": 642,\n\t            \"height\": 410,\n\t            \"caption\": \"Municipal and Treasury yield movements\"\n\t        },\n\t        {\n\t            \"@type\": \"WebSite\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#website\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"name\": \"IBKR Campus US\",\n\t            \"description\": \"Financial Education from Interactive Brokers\",\n\t            \"publisher\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\"\n\t            },\n\t            \"potentialAction\": [\n\t                {\n\t                    \"@type\": \"SearchAction\",\n\t                    \"target\": {\n\t                        \"@type\": \"EntryPoint\",\n\t                        \"urlTemplate\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/?s={search_term_string}\"\n\t                    },\n\t                    \"query-input\": {\n\t                        \"@type\": \"PropertyValueSpecification\",\n\t                        \"valueRequired\": true,\n\t                        \"valueName\": \"search_term_string\"\n\t                    }\n\t                }\n\t            ],\n\t            \"inLanguage\": \"en-US\"\n\t        },\n\t        {\n\t            \"@type\": \"Organization\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#organization\",\n\t            \"name\": \"Interactive Brokers\",\n\t            \"alternateName\": \"IBKR\",\n\t            \"url\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/\",\n\t            \"logo\": {\n\t                \"@type\": \"ImageObject\",\n\t                \"inLanguage\": \"en-US\",\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\",\n\t                \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"contentUrl\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/wp-content\\\/uploads\\\/sites\\\/2\\\/2024\\\/05\\\/ibkr-campus-logo.jpg\",\n\t                \"width\": 669,\n\t                \"height\": 669,\n\t                \"caption\": \"Interactive Brokers\"\n\t            },\n\t            \"image\": {\n\t                \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/logo\\\/image\\\/\"\n\t            },\n\t            \"publishingPrinciples\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/about-ibkr-campus\\\/\",\n\t            \"ethicsPolicy\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/cyber-security-notice\\\/\"\n\t        },\n\t        {\n\t            \"@type\": \"Person\",\n\t            \"@id\": \"https:\\\/\\\/ibkrcampus.com\\\/campus\\\/#\\\/schema\\\/person\\\/e823e46b42ca381080387e794318a485\",\n\t            \"name\": \"Contributor Author\",\n\t            \"url\": \"https:\\\/\\\/www.interactivebrokers.com\\\/campus\\\/author\\\/contributor-author\\\/\"\n\t        }\n\t    ]\n\t}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Municipal Market Insights | Traders' Insight","description":"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.","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:\/\/www.interactivebrokers.com\/campus\/wp-json\/wp\/v2\/posts\/108408\/","og_locale":"en_US","og_type":"article","og_title":"Municipal Market Insights | IBKR Campus US","og_description":"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.","og_url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/","og_site_name":"IBKR Campus US","article_published_time":"2021-10-25T14:30:00+00:00","article_modified_time":"2023-01-19T20:16:53+00:00","og_image":[{"width":642,"height":410,"url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","type":"image\/png"}],"author":"Contributor Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Contributor Author","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/#article","isPartOf":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/"},"author":{"name":"Contributor Author","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485"},"headline":"Municipal Market Insights","datePublished":"2021-10-25T14:30:00+00:00","dateModified":"2023-01-19T20:16:53+00:00","mainEntityOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/"},"wordCount":569,"publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","keywords":["municipal bonds"],"articleSection":["Fixed Income","North America","Region","Securities","Text Articles","Traders' Insight"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/","url":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/","name":"Municipal Market Insights | IBKR Campus US","isPartOf":{"@id":"https:\/\/ibkrcampus.com\/campus\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/#primaryimage"},"image":{"@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/#primaryimage"},"thumbnailUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","datePublished":"2021-10-25T14:30:00+00:00","dateModified":"2023-01-19T20:16:53+00:00","description":"Rising interest rates drove negative total returns. Supply and demand dynamics turned less seasonally favorable and acted as a headwind.","inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.interactivebrokers.com\/campus\/traders-insight\/securities\/fixed-income\/municipal-market-insight-2\/#primaryimage","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","width":642,"height":410,"caption":"Municipal and Treasury yield movements"},{"@type":"WebSite","@id":"https:\/\/ibkrcampus.com\/campus\/#website","url":"https:\/\/ibkrcampus.com\/campus\/","name":"IBKR Campus US","description":"Financial Education from Interactive Brokers","publisher":{"@id":"https:\/\/ibkrcampus.com\/campus\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/ibkrcampus.com\/campus\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/ibkrcampus.com\/campus\/#organization","name":"Interactive Brokers","alternateName":"IBKR","url":"https:\/\/ibkrcampus.com\/campus\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/","url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","contentUrl":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2024\/05\/ibkr-campus-logo.jpg","width":669,"height":669,"caption":"Interactive Brokers"},"image":{"@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/logo\/image\/"},"publishingPrinciples":"https:\/\/www.interactivebrokers.com\/campus\/about-ibkr-campus\/","ethicsPolicy":"https:\/\/www.interactivebrokers.com\/campus\/cyber-security-notice\/"},{"@type":"Person","@id":"https:\/\/ibkrcampus.com\/campus\/#\/schema\/person\/e823e46b42ca381080387e794318a485","name":"Contributor Author","url":"https:\/\/www.interactivebrokers.com\/campus\/author\/contributor-author\/"}]}},"jetpack_featured_media_url":"https:\/\/www.interactivebrokers.com\/campus\/wp-content\/uploads\/sites\/2\/2021\/10\/image-101.png","_links":{"self":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/108408","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/users\/186"}],"replies":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/comments?post=108408"}],"version-history":[{"count":0,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/posts\/108408\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media\/108409"}],"wp:attachment":[{"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/media?parent=108408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/categories?post=108408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/tags?post=108408"},{"taxonomy":"contributors-categories","embeddable":true,"href":"https:\/\/ibkrcampus.com\/campus\/wp-json\/wp\/v2\/contributors-categories?post=108408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}