Search Results for: performance

Market Action

September 19, 2022

HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly Index Mean Current Yield (at bid) Median YTW Median Average Trading Value Median Mod …

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Market Action

September 16, 2022

TXPR closed at 598.14, down 0.68% on the day. Volume today was 1.33-million, second-highest of the past 21 trading days. CPD closed at 11.935, down 0.95% on the day. Volume was 51,800, fourth-highest of the …

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Market Action

September 15, 2022

HIMIPref™ Preferred Indices These values reflect the December 2008 revision of the HIMIPref™ Indices Values are provisional and are finalized monthly Index Mean Current Yield (at bid) Median YTW Median Average Trading Value Median Mod …

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Market Action

September 14, 2022

PerpetualDiscounts now yield 6.26%, equivalent to 8.14% interest at the standard equivalency factor of 1.3x. Long corporates now yield 4.99%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) has remained at the …

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Market Action

September 13, 2022

The US inflation number came in higher than expected: Prices rose 8.3 percent from a year earlier, a rapid pace of increase for consumers and not as much of a slowdown as economists had expected, …

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Market Action

September 12, 2022

The New York Fed released the August 2022 Survey of Consumer Expectations: The main findings from the August 2022 Survey are: Inflation Median one- and three-year-ahead inflation expectations continued their steep declines in August: the …

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Market Action

September 9, 2022

The ECB got tough: The European Central Bank made its largest-ever interest rate increase Thursday, following the U.S. Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff …

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Market Action

September 8, 2022

More tough talk from Powell: Jerome H. Powell, the Federal Reserve chair, signaled on Thursday that the central bank will continue raising interest rates in order to convince the American public that it is serious …

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Market Action

September 7, 2022

I must say, I find the recent trend of issuing LRCNs and OTC Preferreds at enormous spreads to be perplexing. The latest one is: The Toronto-Dominion Bank (“TD”) (TSX: TD) (NYSE: TD) today announced the …

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