{"id":20589,"date":"2026-11-04T17:33:35","date_gmt":"2026-11-04T16:33:35","guid":{"rendered":"https:\/\/anaxis-am.com\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/"},"modified":"2026-11-05T10:25:34","modified_gmt":"2026-11-05T09:25:34","slug":"a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update","status":"publish","type":"post","link":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/","title":{"rendered":"A look back at our Barcelona investor lunch and credit market update"},"content":{"rendered":"\n

\ud83d\udcf8 We were delighted to meet with Spanish investors in Barcelona last week for our year-end corporate credit market update. Many thanks to everyone who attended and contributed to such insightful discussions!<\/p>\n\n

\ud83d\udca1 Key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d by Jean-Julien Goettmann, Founding Partner and Sales Director, and Thibault Destr\u00e9s, Head of Portfolio Management at Anaxis Asset Management:<\/p>\n\n

\u27a1\ufe0f The macroeconomic backdrop<\/p>\n\n

\ud83d\udd39 Inflation is picking up again, driven by energy prices: euro area inflation reached 3.8% in September, its highest level in three years, with energy prices up 18.9% year-on-year. The risk of stagflation remains the main concern, although second-round effects have so far been limited.<\/p>\n\n

\ud83d\udd39 Central banks are once again in tightening mode: since February, rate expectations have been repriced by c.120bp (ECB) to c.170bp (Fed). The short end now offers a carry that short-dated credit captures with limited duration risk.<\/p>\n\n

\ud83d\udd39 European High Yield spreads have returned to their 10-year average (363 bps), following a widening of around 115 bps since the July lows, concentrated among B-rated issuers. Yields are now well above their 10-year averages, at 7.1% for European High Yield (the highest level since December 2023) and 4.3% for Investment Grade.<\/p>\n\n

\ud83d\udd39Credit fundamentals remain solid: margins are holding up, companies retain strong pricing power and near-term refinancing needs are limited. Expected default rates remain contained, at around 2.5\u20133%.<\/p>\n\n

\u27a1\ufe0f Our investment solutions in this environment<\/strong><\/p>\n\n

\ud83d\udd39We favour short-duration corporate credit, an overweight to BB-rated issuers, no CCC exposure, a defensive sector bias (healthcare, services and capital goods) and a preference for European High Yield.<\/p>\n\n

\ud83d\udd39Anaxis Short Duration<\/strong>: 5.11% yield for 1.88 years of duration, a BB average rating and 119 issuers in the portfolio. The fund offers a strong cushion against rising interest rates and spread widening: one year of carry can absorb a rise in rates or a spread widening of around 270 bps, compared with 40\u201365 bps for a 10-year government bond (EUR share class – FR0010951483, as of 30\/10\/2026).<\/p>\n\n

\ud83d\udd39Diversified Bond Opp. 2029<\/strong>: 6.24% yield for 3.22 years of duration, a BB average rating and 146 issuers in the portfolio. The yield is at its highest level since the portfolio was established in July 2025, while duration continues to shorten progressively (EUR share class – FR0013330750, as of 30\/10\/2026).<\/p>\n\n

<\/div>\n\n
\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n\n\n\n
\"\"<\/figure>\n<\/figure>\n\n
<\/figure>\n\n
<\/figure>\n\n
\n
<\/figure>\n<\/div>\n\n
<\/figure>\n","protected":false},"excerpt":{"rendered":"

We were delighted to meet with Spanish investors in Barcelona last week for our year-end corporate credit market update.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"elementor_theme","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[73],"tags":[],"class_list":["post-20589","post","type-post","status-publish","format-standard","hentry","category-events"],"acf":[],"yoast_head":"\nA look back at our Barcelona investor lunch and credit market update - Anaxis AM<\/title>\n<meta name=\"description\" content=\"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A look back at our Barcelona investor lunch and credit market update - Anaxis AM\" \/>\n<meta property=\"og:description\" content=\"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d\" \/>\n<meta property=\"og:url\" content=\"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/\" \/>\n<meta property=\"og:site_name\" content=\"Anaxis AM\" \/>\n<meta property=\"article:published_time\" content=\"2026-11-04T16:33:35+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2026-11-05T09:25:34+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-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=\"Anaxis AM\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@AnaxisAM\" \/>\n<meta name=\"twitter:site\" content=\"@AnaxisAM\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Anaxis AM\" \/>\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:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/\"},\"author\":{\"name\":\"Anaxis AM\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#\\\/schema\\\/person\\\/8a0db0d83a76d63be8b28d8f9c61ad8b\"},\"headline\":\"A look back at our Barcelona investor lunch and credit market update\",\"datePublished\":\"2026-11-04T16:33:35+00:00\",\"dateModified\":\"2026-11-05T09:25:34+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/\"},\"wordCount\":376,\"publisher\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/DSF0767-1024x683.jpg\",\"articleSection\":[\"Events\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/\",\"url\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/\",\"name\":\"A look back at our Barcelona investor lunch and credit market update - Anaxis AM\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/DSF0767-1024x683.jpg\",\"datePublished\":\"2026-11-04T16:33:35+00:00\",\"dateModified\":\"2026-11-05T09:25:34+00:00\",\"description\":\"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#primaryimage\",\"url\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/DSF0767-1024x683.jpg\",\"contentUrl\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2026\\\/11\\\/DSF0767-1024x683.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Accueil\",\"item\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"A look back at our Barcelona investor lunch and credit market update\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#website\",\"url\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/\",\"name\":\"Anaxis AM\",\"description\":\"Gestion d'obligations corporate\",\"publisher\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#organization\",\"name\":\"Anaxis AM\",\"url\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/logotype_02_noir.svg\",\"contentUrl\":\"https:\\\/\\\/anaxis-am.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/logotype_02_noir.svg\",\"width\":198,\"height\":107,\"caption\":\"Anaxis AM\"},\"image\":{\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/x.com\\\/AnaxisAM\",\"https:\\\/\\\/linkedin.com\\\/company\\\/anaxis-am\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/anaxis-am.com\\\/fr\\\/#\\\/schema\\\/person\\\/8a0db0d83a76d63be8b28d8f9c61ad8b\",\"name\":\"Anaxis AM\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g\",\"caption\":\"Anaxis AM\"},\"url\":\"https:\\\/\\\/anaxis-am.com\\\/en\\\/author\\\/thibault-danquigny\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"A look back at our Barcelona investor lunch and credit market update - Anaxis AM","description":"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d","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:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/","og_locale":"en_US","og_type":"article","og_title":"A look back at our Barcelona investor lunch and credit market update - Anaxis AM","og_description":"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d","og_url":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/","og_site_name":"Anaxis AM","article_published_time":"2026-11-04T16:33:35+00:00","article_modified_time":"2026-11-05T09:25:34+00:00","og_image":[{"width":2560,"height":1707,"url":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-scaled.jpg","type":"image\/jpeg"}],"author":"Anaxis AM","twitter_card":"summary_large_image","twitter_creator":"@AnaxisAM","twitter_site":"@AnaxisAM","twitter_misc":{"Written by":"Anaxis AM","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#article","isPartOf":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/"},"author":{"name":"Anaxis AM","@id":"https:\/\/anaxis-am.com\/fr\/#\/schema\/person\/8a0db0d83a76d63be8b28d8f9c61ad8b"},"headline":"A look back at our Barcelona investor lunch and credit market update","datePublished":"2026-11-04T16:33:35+00:00","dateModified":"2026-11-05T09:25:34+00:00","mainEntityOfPage":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/"},"wordCount":376,"publisher":{"@id":"https:\/\/anaxis-am.com\/fr\/#organization"},"image":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#primaryimage"},"thumbnailUrl":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-1024x683.jpg","articleSection":["Events"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/","url":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/","name":"A look back at our Barcelona investor lunch and credit market update - Anaxis AM","isPartOf":{"@id":"https:\/\/anaxis-am.com\/fr\/#website"},"primaryImageOfPage":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#primaryimage"},"image":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#primaryimage"},"thumbnailUrl":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-1024x683.jpg","datePublished":"2026-11-04T16:33:35+00:00","dateModified":"2026-11-05T09:25:34+00:00","description":"A look back at our Barcelona investor lunch and credit market update, with key takeaways from the presentation, \u201cThe Benefits of Short Duration Corporate Bonds in the Current Environment\u201d","breadcrumb":{"@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#primaryimage","url":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-1024x683.jpg","contentUrl":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2026\/11\/DSF0767-1024x683.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/anaxis-am.com\/en\/a-look-back-at-our-barcelona-investor-lunch-and-credit-market-update\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Accueil","item":"https:\/\/anaxis-am.com\/en\/"},{"@type":"ListItem","position":2,"name":"A look back at our Barcelona investor lunch and credit market update"}]},{"@type":"WebSite","@id":"https:\/\/anaxis-am.com\/fr\/#website","url":"https:\/\/anaxis-am.com\/fr\/","name":"Anaxis AM","description":"Gestion d'obligations corporate","publisher":{"@id":"https:\/\/anaxis-am.com\/fr\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/anaxis-am.com\/fr\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/anaxis-am.com\/fr\/#organization","name":"Anaxis AM","url":"https:\/\/anaxis-am.com\/fr\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/anaxis-am.com\/fr\/#\/schema\/logo\/image\/","url":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2023\/03\/logotype_02_noir.svg","contentUrl":"https:\/\/anaxis-am.com\/wp-content\/uploads\/2023\/03\/logotype_02_noir.svg","width":198,"height":107,"caption":"Anaxis AM"},"image":{"@id":"https:\/\/anaxis-am.com\/fr\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/x.com\/AnaxisAM","https:\/\/linkedin.com\/company\/anaxis-am"]},{"@type":"Person","@id":"https:\/\/anaxis-am.com\/fr\/#\/schema\/person\/8a0db0d83a76d63be8b28d8f9c61ad8b","name":"Anaxis AM","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/9b2b1e71fb4cd0618bc19bc8834e65c991cd8dddc53838d094f6cfb94e23a13c?s=96&d=mm&r=g","caption":"Anaxis AM"},"url":"https:\/\/anaxis-am.com\/en\/author\/thibault-danquigny\/"}]}},"_links":{"self":[{"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/posts\/20589","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/comments?post=20589"}],"version-history":[{"count":1,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/posts\/20589\/revisions"}],"predecessor-version":[{"id":20590,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/posts\/20589\/revisions\/20590"}],"wp:attachment":[{"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/media?parent=20589"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/categories?post=20589"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anaxis-am.com\/en\/wp-json\/wp\/v2\/tags?post=20589"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}