PerpetualDiscounts now yield 5.51%, equivalent to 7.16% interest at the standard equivalency factor of 1.3x. Long corporates now yield about 3.82%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about …
Search Results for: performance
July 17, 2018
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
July 16, 2018
There was a good article in the New York Times regarding lagging paycheques in the US: Yet many are far from making up all the lost ground. Hourly earnings have moved forward at a crawl, …
July 13, 2018
… and now it’s time for PrefLetter! HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s …
July 12, 2018
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
July 11, 2018
A good day for FixedResets, presumably due to the Bank of Canada policy hike and anticipation of increasing five-year Canada yields. PerpetualDiscounts now yield 5.47%, equivalent to 7.11% interest at the standard equivalency factor of …
July 10, 2018
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
July 6, 2018
Jobs, jobs, jobs! Despite sharpening trade tensions, a hefty rise in payrolls has provided new evidence that the American economy is strong enough to keep pulling sidelined workers back into action. Employers added a total …
July 5, 2018
HIMIPref™ Preferred IndicesThese values reflect the December 2008 revision of the HIMIPref™ IndicesValues are provisional and are finalized monthly Index MeanCurrentYield(at bid) MedianYTW MedianAverageTradingValue MedianMod Dur(YTW) Issues Day’s Perf. Index Value Ratchet 0.00 % 0.00 …
July 4, 2018
DBRS commented on the Enbridge deal: DBRS Limited (DBRS) notes that Enbridge Inc. (ENB; rated BBB (high) with a Stable trend by DBRS), the parent of Westcoast Energy Inc. (Westcoast or the Company; rated A …