The American economy gained 638,000 jobs last month, a sign the labor market continues to heal slowly as a resurgence in the coronavirus threatens future growth.
The unemployment rate fell sharply to 6.9 percent, from 7.9 percent in September, the Labor Department reported.
The overall job gain would have been larger without the loss of 147,000 temporary census positions.
| HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly |
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| Index | Mean Current Yield (at bid) |
Median YTW |
Median Average Trading Value |
Median Mod Dur (YTW) |
Issues | Day’s Perf. | Index Value |
| Ratchet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.9627 % | 1,665.1 |
| FixedFloater | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.9627 % | 3,055.3 |
| Floater | 5.11 % | 5.16 % | 41,893 | 15.19 | 3 | 0.9627 % | 1,760.8 |
| OpRet | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0842 % | 3,535.6 |
| SplitShare | 4.80 % | 4.71 % | 42,923 | 3.51 | 8 | 0.0842 % | 4,222.3 |
| Interest-Bearing | 0.00 % | 0.00 % | 0 | 0.00 | 0 | 0.0842 % | 3,294.4 |
| Perpetual-Premium | 5.35 % | 2.96 % | 81,541 | 0.13 | 14 | 0.0503 % | 3,183.7 |
| Perpetual-Discount | 5.20 % | 5.14 % | 84,655 | 15.17 | 19 | -0.1648 % | 3,565.6 |
| FixedReset Disc | 5.45 % | 4.17 % | 129,080 | 16.58 | 64 | -0.0074 % | 2,124.5 |
| Insurance Straight | 5.08 % | 4.93 % | 107,195 | 15.18 | 22 | 0.1724 % | 3,492.4 |
| FloatingReset | 1.97 % | 2.30 % | 48,814 | 1.22 | 3 | 0.0000 % | 1,800.4 |
| FixedReset Prem | 5.22 % | 3.06 % | 240,465 | 0.76 | 15 | 0.0105 % | 2,652.0 |
| FixedReset Bank Non | 1.94 % | 2.04 % | 186,960 | 1.22 | 2 | 0.0402 % | 2,865.9 |
| FixedReset Ins Non | 5.48 % | 4.26 % | 70,808 | 16.41 | 22 | 0.3014 % | 2,202.9 |
| Performance Highlights | |||
| Issue | Index | Change | Notes |
| BAM.PF.I | FixedReset Disc | -3.54 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 23.57 Evaluated at bid price : 24.00 Bid-YTW : 5.04 % |
| CU.PR.C | FixedReset Disc | -2.40 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 4.36 % |
| SLF.PR.G | FixedReset Ins Non | -2.18 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 10.76 Evaluated at bid price : 10.76 Bid-YTW : 4.24 % |
| TRP.PR.C | FixedReset Disc | -1.67 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 8.83 Evaluated at bid price : 8.83 Bid-YTW : 5.51 % |
| MFC.PR.J | FixedReset Ins Non | -1.52 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 18.81 Evaluated at bid price : 18.81 Bid-YTW : 4.34 % |
| CU.PR.G | Perpetual-Discount | -1.33 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 22.80 Evaluated at bid price : 23.08 Bid-YTW : 4.87 % |
| BAM.PF.D | Perpetual-Discount | -1.27 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 22.34 Evaluated at bid price : 22.62 Bid-YTW : 5.47 % |
| TD.PF.D | FixedReset Disc | -1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 19.70 Evaluated at bid price : 19.70 Bid-YTW : 4.07 % |
| BAM.PR.Z | FixedReset Disc | -1.07 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 16.70 Evaluated at bid price : 16.70 Bid-YTW : 5.37 % |
| GWO.PR.N | FixedReset Ins Non | -1.01 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 9.85 Evaluated at bid price : 9.85 Bid-YTW : 4.36 % |
| NA.PR.G | FixedReset Disc | 1.25 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 20.30 Evaluated at bid price : 20.30 Bid-YTW : 4.25 % |
| TRP.PR.D | FixedReset Disc | 1.29 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 13.32 Evaluated at bid price : 13.32 Bid-YTW : 5.68 % |
| TRP.PR.G | FixedReset Disc | 1.37 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 14.76 Evaluated at bid price : 14.76 Bid-YTW : 5.79 % |
| BAM.PR.C | Floater | 1.44 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 8.43 Evaluated at bid price : 8.43 Bid-YTW : 5.15 % |
| BAM.PF.F | FixedReset Disc | 1.56 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 16.30 Evaluated at bid price : 16.30 Bid-YTW : 5.33 % |
| TRP.PR.E | FixedReset Disc | 1.62 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 13.16 Evaluated at bid price : 13.16 Bid-YTW : 5.70 % |
| MFC.PR.R | FixedReset Ins Non | 2.55 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 23.75 Evaluated at bid price : 24.92 Bid-YTW : 4.26 % |
| IFC.PR.G | FixedReset Ins Non | 4.59 % | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 17.79 Evaluated at bid price : 17.79 Bid-YTW : 4.59 % |
| Volume Highlights | |||
| Issue | Index | Shares Traded |
Notes |
| SLF.PR.E | Insurance Straight | 138,500 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 23.63 Evaluated at bid price : 23.90 Bid-YTW : 4.75 % |
| BMO.PR.C | FixedReset Disc | 43,700 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 23.48 Evaluated at bid price : 23.89 Bid-YTW : 3.93 % |
| TD.PF.A | FixedReset Disc | 34,050 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 17.94 Evaluated at bid price : 17.94 Bid-YTW : 3.97 % |
| RY.PR.R | FixedReset Prem | 31,851 | YTW SCENARIO Maturity Type : Call Maturity Date : 2021-08-24 Maturity Price : 25.00 Evaluated at bid price : 25.45 Bid-YTW : 2.90 % |
| SLF.PR.C | Insurance Straight | 28,200 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 23.14 Evaluated at bid price : 23.40 Bid-YTW : 4.80 % |
| CM.PR.R | FixedReset Disc | 26,900 | YTW SCENARIO Maturity Type : Limit Maturity Maturity Date : 2050-11-06 Maturity Price : 22.85 Evaluated at bid price : 23.23 Bid-YTW : 4.12 % |
| There were 19 other index-included issues trading in excess of 10,000 shares. | |||
| Wide Spread Highlights | ||
| Issue | Index | Quote Data and Yield Notes |
| PWF.PR.P | FixedReset Disc | Quote: 10.65 – 11.65 Spot Rate : 1.0000 Average : 0.5630 YTW SCENARIO |
| BAM.PF.I | FixedReset Disc | Quote: 24.00 – 24.97 Spot Rate : 0.9700 Average : 0.5746 YTW SCENARIO |
| BAM.PR.M | Perpetual-Discount | Quote: 22.03 – 23.00 Spot Rate : 0.9700 Average : 0.6069 YTW SCENARIO |
| BAM.PF.A | FixedReset Disc | Quote: 17.25 – 17.74 Spot Rate : 0.4900 Average : 0.3280 YTW SCENARIO |
| BAM.PF.D | Perpetual-Discount | Quote: 22.62 – 23.50 Spot Rate : 0.8800 Average : 0.7203 YTW SCENARIO |
| SLF.PR.G | FixedReset Ins Non | Quote: 10.76 – 11.30 Spot Rate : 0.5400 Average : 0.3871 YTW SCENARIO |