{"id":33733,"date":"2016-10-04T23:10:58","date_gmt":"2016-10-05T04:10:58","guid":{"rendered":"http:\/\/prefblog.com\/?p=33733"},"modified":"2016-10-04T23:10:58","modified_gmt":"2016-10-05T04:10:58","slug":"october-4-2016","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=33733","title":{"rendered":"October 4, 2016"},"content":{"rendered":"<p>Is it possible that <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-03\/dollar-dominates-yen-after-factory-data-with-asian-futures-mixed\">prosperity is just around the corner<\/a>?<\/p>\n<blockquote><p>Fresh reminders that central banks may be starting to map their retreat from extraordinary stimulus measures sent a shock wave through markets, roiling bonds, currencies and equities.<\/p>\n<p>Global bonds declined, the euro rebounded from its lows of the day and stocks came under renewed pressure after Bloomberg News reported the European Central Bank is likely to gradually taper asset purchases as it ends quantitative easing. Officials who asked not to be identified didn\u2019t exclude that the program could still be extended past the current end-date of March 2017 at the full pace of 80 billion euros ($90 billion) a month. Oil also retreated.<br \/><b>&#8230;<\/b><br \/>Traders have been monitoring central banks for any signs they may be willing to pull back on stimulus measures. Bets on a Federal Reserve interest-rate increase by December climbed after Richmond Fed chief Jeffrey Lacker urged tighter policy and his Cleveland counterpart, Loretta Mester, said the U.S. economy is ripe for a hike. The ECB will probably wind down bond purchases in steps of 10 billion euros a month, according to euro-zone central-bank officials.<\/p><\/blockquote>\n<p>Maybe with <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-04\/global-banks-fight-back-on-brexit-warning-51-billion-at-stake\">some exceptions<\/a>&#8230;:<\/p>\n<blockquote><p>Britain crashing out of the European single market could cost banks and associated businesses in the U.K. almost 40 billion pounds ($51 billion) in lost revenue, undermining a key sector of the economy, an industry report warned on Tuesday.<\/p>\n<p>Finance firms are making a fresh bid for special status in upcoming Brexit negotiations with the EU after U.K. government officials this week indicated banks will get no favors. The report, prepared by Oliver Wyman on behalf of TheCityUK lobby group, warns that almost 70,000 jobs and 10 billion pounds of tax revenue are at risk from a so-called hard Brexit.<\/p>\n<p>Prime Minister Theresa May has ruled out prioritizing protection of the banks in Brexit talks and has dismissed their key business demand for an interim deal to help ease the transition out of the bloc, Bloomberg News reported Monday, citing three government officials. Finance executives have threatened to move jobs if Britain doesn\u2019t secure a deal allowing them to serve European clients from London.<\/p><\/blockquote>\n<p>Here&#8217;s <a href=\"http:\/\/www.bloomberg.com\/news\/articles\/2016-10-04\/one-big-order-by-franklin-templeton-gutted-this-aussie-debt-etf\">another risk with narrowly focussed ETFs<\/a>:<\/p>\n<blockquote><p>How fast can an exchange-traded fund lose nearly 90 percent of its assets? Less than a day.<\/p>\n<p>That\u2019s all it took for Franklin Templeton Investments Corp. in Toronto to cash in more than $130 million shares of WisdomTree Investment Inc.\u2019s Australia &#038; New Zealand Debt Fund last week, according to a person familiar with the matter. The withdrawal amounted to 88 percent of the fund\u2019s assets and left it with just $19 million under management, data compiled by Bloomberg show.<\/p><\/blockquote>\n<table border='1'>\n<tr>\n<td colspan='8'><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1619 %<\/td>\n<td>1,712.7<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.1619 %<\/td>\n<td>3,128.7<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>4.36 %<\/td>\n<td>4.53 %<\/td>\n<td>40,445<\/td>\n<td>16.40<\/td>\n<td>4<\/td>\n<td>0.1619 %<\/td>\n<td>1,803.1<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0066 %<\/td>\n<td>2,890.7<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.84 %<\/td>\n<td>4.67 %<\/td>\n<td>69,905<\/td>\n<td>2.14<\/td>\n<td>6<\/td>\n<td>0.0066 %<\/td>\n<td>3,452.2<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0066 %<\/td>\n<td>2,693.5<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.34 %<\/td>\n<td>4.71 %<\/td>\n<td>68,145<\/td>\n<td>2.10<\/td>\n<td>23<\/td>\n<td>-0.1367 %<\/td>\n<td>2,686.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.11 %<\/td>\n<td>5.07 %<\/td>\n<td>98,523<\/td>\n<td>15.16<\/td>\n<td>15<\/td>\n<td>-0.2054 %<\/td>\n<td>2,911.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset<\/td>\n<td>4.96 %<\/td>\n<td>4.31 %<\/td>\n<td>150,775<\/td>\n<td>6.94<\/td>\n<td>92<\/td>\n<td>-0.5561 %<\/td>\n<td>2,043.6<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.03 %<\/td>\n<td>4.91 %<\/td>\n<td>114,767<\/td>\n<td>1.19<\/td>\n<td>32<\/td>\n<td>-0.3393 %<\/td>\n<td>2,795.6<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>3.01 %<\/td>\n<td>4.30 %<\/td>\n<td>39,248<\/td>\n<td>4.96<\/td>\n<td>12<\/td>\n<td>0.7889 %<\/td>\n<td>2,207.6<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>-2.50 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 13.66<br \/>\nEvaluated at bid price : 13.66<br \/>\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.K<\/td>\n<td>FixedReset<\/td>\n<td>-2.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 17.55<br \/>\nEvaluated at bid price : 17.55<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>-1.89 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 10.38<br \/>\nEvaluated at bid price : 10.38<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>-1.75 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 15.13<br \/>\nBid-YTW : 9.82 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.E<\/td>\n<td>FixedReset<\/td>\n<td>-1.70 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.55<br \/>\nEvaluated at bid price : 18.55<br \/>\nBid-YTW : 4.62 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>-1.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 12.77<br \/>\nBid-YTW : 11.10 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.G<\/td>\n<td>FixedReset<\/td>\n<td>-1.51 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 17.57<br \/>\nEvaluated at bid price : 17.57<br \/>\nBid-YTW : 4.10 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.D<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.51 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.14<br \/>\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>-1.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 18.36<br \/>\nBid-YTW : 7.84 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.S<\/td>\n<td>FixedReset<\/td>\n<td>-1.34 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.12<br \/>\nEvaluated at bid price : 19.12<br \/>\nBid-YTW : 4.08 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset<\/td>\n<td>-1.32 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 20.25<br \/>\nEvaluated at bid price : 20.25<br \/>\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.M<\/td>\n<td>FixedReset<\/td>\n<td>-1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.53<br \/>\nEvaluated at bid price : 19.53<br \/>\nBid-YTW : 4.21 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.21<br \/>\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>-1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.23<br \/>\nEvaluated at bid price : 19.23<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset<\/td>\n<td>-1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 17.93<br \/>\nBid-YTW : 7.96 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.A<\/td>\n<td>FixedReset<\/td>\n<td>-1.21 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.77<br \/>\nEvaluated at bid price : 18.77<br \/>\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset<\/td>\n<td>-1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.30<br \/>\nEvaluated at bid price : 18.30<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.G<\/td>\n<td>FixedReset<\/td>\n<td>-1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.97<br \/>\nEvaluated at bid price : 19.97<br \/>\nBid-YTW : 4.61 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.B<\/td>\n<td>FixedReset<\/td>\n<td>-1.19 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.32<br \/>\nEvaluated at bid price : 18.32<br \/>\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset<\/td>\n<td>-1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.72<br \/>\nEvaluated at bid price : 19.72<br \/>\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 22.15<br \/>\nEvaluated at bid price : 22.43<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset<\/td>\n<td>-1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 13.94<br \/>\nBid-YTW : 10.08 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.C<\/td>\n<td>FixedReset<\/td>\n<td>-1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.31<br \/>\nEvaluated at bid price : 18.31<br \/>\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.J<\/td>\n<td>FixedReset<\/td>\n<td>-1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 20.20<br \/>\nEvaluated at bid price : 20.20<br \/>\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>-1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 21.21<br \/>\nBid-YTW : 6.19 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset<\/td>\n<td>-1.12 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.61<br \/>\nEvaluated at bid price : 18.61<br \/>\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.E<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.38<br \/>\nBid-YTW : 6.17 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset<\/td>\n<td>-1.09 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 19.94<br \/>\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset<\/td>\n<td>-1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 18.01<br \/>\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset<\/td>\n<td>-1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 13.32<br \/>\nEvaluated at bid price : 13.32<br \/>\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.A<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.81<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.19<br \/>\nEvaluated at bid price : 18.19<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 20.22<br \/>\nEvaluated at bid price : 20.22<br \/>\nBid-YTW : 4.32 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.G<\/td>\n<td>FixedReset<\/td>\n<td>-1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 19.65<br \/>\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n<tr>\n<td>VNR.PR.A<\/td>\n<td>FixedReset<\/td>\n<td>1.55 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 18.95<br \/>\nEvaluated at bid price : 18.95<br \/>\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.D<\/td>\n<td>FloatingReset<\/td>\n<td>15.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 17.90<br \/>\nBid-YTW : 7.92 %<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='4'><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.H<\/td>\n<td>FixedReset<\/td>\n<td>754,568<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-10-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.71<br \/>\nBid-YTW : 4.35 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>132,600<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 22.15<br \/>\nEvaluated at bid price : 22.43<br \/>\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset<\/td>\n<td>120,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 13.20<br \/>\nEvaluated at bid price : 13.20<br \/>\nBid-YTW : 4.29 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Deemed-Retractible<\/td>\n<td>109,778<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.90<br \/>\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.E<\/td>\n<td>Perpetual-Discount<\/td>\n<td>72,890<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 24.21<br \/>\nEvaluated at bid price : 24.69<br \/>\nBid-YTW : 4.99 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.J<\/td>\n<td>FloatingReset<\/td>\n<td>66,497<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 12.77<br \/>\nBid-YTW : 11.10 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 57 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border='1'>\n<tr>\n<td colspan='3'><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>FTS.PR.H<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 13.66 &#8211; 14.12<br \/>\nSpot Rate  :  0.4600<br \/>\nAverage  :  0.2854<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 13.66<br \/>\nEvaluated at bid price : 13.66<br \/>\nBid-YTW : 3.96 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.G<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 24.98 &#8211; 25.39<br \/>\nSpot Rate  :  0.4100<br \/>\nAverage  :  0.2515<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.98<br \/>\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.M<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 25.81 &#8211; 26.17<br \/>\nSpot Rate  :  0.3600<br \/>\nAverage  :  0.2340<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2017-03-31<br \/>\nMaturity Price  : 25.50<br \/>\nEvaluated at bid price : 25.81<br \/>\nBid-YTW : 3.36 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.T<\/td>\n<td>FixedReset<\/td>\n<td>Quote: 19.23 &#8211; 19.60<br \/>\nSpot Rate  :  0.3700<br \/>\nAverage  :  0.2522<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 19.23<br \/>\nEvaluated at bid price : 19.23<br \/>\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.H<\/td>\n<td>FloatingReset<\/td>\n<td>Quote: 10.38 &#8211; 10.70<br \/>\nSpot Rate  :  0.3200<br \/>\nAverage  :  0.2173<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 10.38<br \/>\nEvaluated at bid price : 10.38<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.F<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 22.60 &#8211; 22.90<br \/>\nSpot Rate  :  0.3000<br \/>\nAverage  :  0.2049<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2046-10-04<br \/>\nMaturity Price  : 22.26<br \/>\nEvaluated at bid price : 22.60<br \/>\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Is it possible that prosperity is just around the corner? Fresh reminders that central banks may be starting to map their retreat from extraordinary stimulus measures sent a shock wave through markets, roiling bonds, currencies &hellip;<\/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-33733","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33733","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=33733"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/33733\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=33733"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=33733"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=33733"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}