{"id":32840,"date":"2016-03-30T22:38:55","date_gmt":"2016-03-31T03:38:55","guid":{"rendered":"http:\/\/prefblog.com\/?p=32840"},"modified":"2016-03-30T22:38:55","modified_gmt":"2016-03-31T03:38:55","slug":"march-30-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=32840","title":{"rendered":"March 30, 2016"},"content":{"rendered":"

It’s nice to see a little high-level push-back against civil forfeiture<\/a>:<\/p>\n

Q: What reforms would help fix the flaws in the law?<\/p>\n

A: I\u2019m working to draft bipartisan reforms to fix these flaws. For starters, the direct quid pro quo between asset forfeiture and funding should be eliminated. Law enforcement shouldn\u2019t be relying on funds obtained from forfeiting the particular assets that they have seized or shift crime-fighting priorities based on financial considerations. In addition, real procedural reforms must be enacted for people whose assets are seized, including prompt timelines for government action and the ability to challenge the seizure promptly before a judge. And, individuals who cannot afford a lawyer to guide them through the system should be provided one. Part of addressing this problem lies in reversing the Supreme Court\u2019s recent decision that allows the government to prevent people from showing that they need access to their seized funds to hire a lawyer. We also need to codify changes in the use of civil asset forfeiture in structuring cases, where small business owners like Iowa\u2019s Carole Hinders get unfairly caught up in forfeiture for depositing money in a bank without any indication of any underlying crime. The government\u2019s burden of proof for forfeiting assets needs to be raised.<\/p>\n

It\u2019s clear the current process isn\u2019t working as Congress intended. It is time to end seizure for suspicion\u2019s sake and enact reforms that will help restore the proper mission of asset forfeiture laws and rebuild credibility in our law enforcement agencies.<\/p><\/blockquote>\n

Market and Fed policy rate expectations are converging<\/a>:<\/p>\n

The Federal Reserve looks to have outsourced monetary policy to the financial markets — and that may not necessarily be bad.<\/p>\n

Fed Chair Janet Yellen told the Economic Club of New York on Tuesday that policy makers had scaled back the number of interest rate increases they expect to carry out this year after investors did the same.<\/p>\n

She argued that the downgrading of rate expectations in the market had led to lower bond yields, providing the economy with needed support in the face of weaker growth overseas. The Fed then followed suit this month by reducing its anticipated rate hikes in 2016 to two from four quarter-percentage point moves projected in December.<\/p><\/blockquote>\n

\"policyExpectationConvergence\"<\/a>
Click for Big<\/i><\/div>\n

PerpetualDiscounts now yield 5.63%, equivalent to 7.32% interest at the standard conversion factor of 1.3x. Long corporates<\/a> now yield about 4.1%, so the pre-tax interest-equivalent spread (in this context, the “Seniority Spread”) is now about 320bp, unchanged from the figure reported March 23<\/a>.<\/p>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(YTW)<\/td>\n		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
Ratchet<\/td>\n5.00 %<\/td>\n6.08 %<\/td>\n11,039<\/td>\n16.60<\/td>\n1<\/td>\n1.8854 %<\/td>\n1,571.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n6.86 %<\/td>\n6.03 %<\/td>\n24,847<\/td>\n16.26<\/td>\n1<\/td>\n1.0949 %<\/td>\n2,898.4<\/td>\n<\/tr>\n
Floater<\/td>\n4.63 %<\/td>\n4.76 %<\/td>\n62,625<\/td>\n15.93<\/td>\n4<\/td>\n-1.3050 %<\/td>\n1,672.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2997 %<\/td>\n2,791.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.75 %<\/td>\n5.27 %<\/td>\n88,709<\/td>\n1.61<\/td>\n6<\/td>\n0.2997 %<\/td>\n3,266.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2997 %<\/td>\n2,548.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.79 %<\/td>\n-4.49 %<\/td>\n89,184<\/td>\n0.08<\/td>\n6<\/td>\n-0.2039 %<\/td>\n2,560.5<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.61 %<\/td>\n5.63 %<\/td>\n94,587<\/td>\n14.39<\/td>\n33<\/td>\n0.1798 %<\/td>\n2,592.5<\/td>\n<\/tr>\n
FixedReset<\/td>\n5.31 %<\/td>\n4.81 %<\/td>\n184,776<\/td>\n13.94<\/td>\n87<\/td>\n-0.3188 %<\/td>\n1,921.6<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.20 %<\/td>\n5.55 %<\/td>\n130,740<\/td>\n5.08<\/td>\n34<\/td>\n0.1698 %<\/td>\n2,617.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.04 %<\/td>\n5.04 %<\/td>\n37,342<\/td>\n5.39<\/td>\n16<\/td>\n-0.1836 %<\/td>\n2,018.4<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
TRP.PR.I<\/td>\nFloatingReset<\/td>\n-4.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 11.00
\nEvaluated at bid price : 11.00
\nBid-YTW : 4.49 %<\/td>\n<\/tr>\n
TD.PR.S<\/td>\nFixedReset<\/td>\n-3.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.61
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset<\/td>\n-3.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 18.61
\nEvaluated at bid price : 18.61
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 10.35
\nEvaluated at bid price : 10.35
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset<\/td>\n-2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 10.99
\nEvaluated at bid price : 10.99
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset<\/td>\n-1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 15.45
\nEvaluated at bid price : 15.45
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 18.41
\nEvaluated at bid price : 18.41
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 11.61
\nEvaluated at bid price : 11.61
\nBid-YTW : 4.84 %<\/td>\n<\/tr>\n
CIU.PR.C<\/td>\nFixedReset<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 11.06
\nEvaluated at bid price : 11.06
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 15.05
\nEvaluated at bid price : 15.05
\nBid-YTW : 4.59 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 14.00
\nEvaluated at bid price : 14.00
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
BNS.PR.Q<\/td>\nFixedReset<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.67
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 9.90
\nEvaluated at bid price : 9.90
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 9.94
\nEvaluated at bid price : 9.94
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.35
\nBid-YTW : 10.29 %<\/td>\n<\/tr>\n
RY.PR.I<\/td>\nFixedReset<\/td>\n-1.44 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.26
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
RY.PR.K<\/td>\nFloatingReset<\/td>\n-1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.85
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 11.10
\nEvaluated at bid price : 11.10
\nBid-YTW : 4.30 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 22.86
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 18.15
\nEvaluated at bid price : 18.15
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.83
\nBid-YTW : 7.67 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 17.51
\nEvaluated at bid price : 17.51
\nBid-YTW : 4.55 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 18.44
\nEvaluated at bid price : 18.44
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
BAM.PR.G<\/td>\nFixedFloater<\/td>\n1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.85
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
RY.PR.F<\/td>\nDeemed-Retractible<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.67
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset<\/td>\n1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 4.81 %<\/td>\n<\/tr>\n
PVS.PR.D<\/td>\nSplitShare<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2021-10-08
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.51
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 11.25
\nEvaluated at bid price : 11.25
\nBid-YTW : 4.60 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 12.79
\nEvaluated at bid price : 12.79
\nBid-YTW : 4.40 %<\/td>\n<\/tr>\n
W.PR.K<\/td>\nFixedReset<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.95
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
FTS.PR.I<\/td>\nFloatingReset<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 10.50
\nEvaluated at bid price : 10.50
\nBid-YTW : 4.54 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.21
\nBid-YTW : 10.47 %<\/td>\n<\/tr>\n
BAM.PR.E<\/td>\nRatchet<\/td>\n1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.51
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset<\/td>\n2.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
RY.PR.R<\/td>\nFixedReset<\/td>\n87,594<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-08-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.96
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
BNS.PR.N<\/td>\nDeemed-Retractible<\/td>\n67,005<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2017-01-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.30
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n60,289<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 18.51
\nEvaluated at bid price : 18.51
\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n
RY.PR.D<\/td>\nDeemed-Retractible<\/td>\n59,461<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.90
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset<\/td>\n56,716<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.87
\nBid-YTW : 5.01 %<\/td>\n<\/tr>\n
BNS.PR.L<\/td>\nDeemed-Retractible<\/td>\n39,093<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2016-05-27
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.24
\nBid-YTW : 3.14 %<\/td>\n<\/tr>\n
There were 49 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
GWO.PR.O<\/td>\nFloatingReset<\/td>\nQuote: 12.01 – 14.25
\nSpot Rate : 2.2400
\nAverage : 1.7176<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.01
\nBid-YTW : 11.14 %<\/td>\n<\/tr>\n

TD.PR.S<\/td>\nFixedReset<\/td>\nQuote: 22.61 – 23.77
\nSpot Rate : 1.1600
\nAverage : 0.8311<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.61
\nBid-YTW : 4.78 %<\/td>\n<\/tr>\n

SLF.PR.J<\/td>\nFloatingReset<\/td>\nQuote: 12.30 – 13.00
\nSpot Rate : 0.7000
\nAverage : 0.4251<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 12.30
\nBid-YTW : 10.99 %<\/td>\n<\/tr>\n

TD.PR.Z<\/td>\nFloatingReset<\/td>\nQuote: 21.32 – 22.00
\nSpot Rate : 0.6800
\nAverage : 0.5336<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.32
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n

IAG.PR.G<\/td>\nFixedReset<\/td>\nQuote: 18.85 – 19.30
\nSpot Rate : 0.4500
\nAverage : 0.3204<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n

BAM.PR.G<\/td>\nFixedFloater<\/td>\nQuote: 13.85 – 14.24
\nSpot Rate : 0.3900
\nAverage : 0.2611<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2046-03-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.85
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

It’s nice to see a little high-level push-back against civil forfeiture: Q: What reforms would help fix the flaws in the law? A: I\u2019m working to draft bipartisan reforms to fix these flaws. For starters, …<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[],"class_list":["post-32840","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32840","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32840"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/32840\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32840"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32840"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32840"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}