{"id":40319,"date":"2020-02-24T23:21:57","date_gmt":"2020-02-25T04:21:57","guid":{"rendered":"http:\/\/prefblog.com\/?p=40319"},"modified":"2020-02-24T23:21:57","modified_gmt":"2020-02-25T04:21:57","slug":"february-24-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=40319","title":{"rendered":"February 24, 2020"},"content":{"rendered":"
\"explosion_200224\"<\/a>
Click for Big<\/i><\/div>\n

Sometimes things work! No sooner do I post a comment deprecating market timing<\/a> than out jumps a coronavirus<\/a> to punch us in the nose. Try predicting that in advance!:<\/p>\n

The S&P 500 index, which had reached a record high as recently as Wednesday, fell 3.4 percent, its worst single-day performance since February 2018. As analysts issued new warnings that the outbreak could drag down economies around the globe, stocks fell enough to wipe out all of the index\u2019s gains for 2020.<\/p>\n

It was a turbulent day for stocks worldwide: European markets recorded their worst session since 2016, and major benchmarks in Asia also closed down.
…<\/b>
Airline and technology stocks were particularly hard hit on Monday. Delta Air Lines shares fell 6.3 percent and American Airlines slid 8.5 percent, while Apple stock fell 4.8 percent. The tech-heavy Nasdaq composite index dropped 3.7 percent.<\/p>\n

The sell-off continued in Asia on Tuesday morning, starting in Japan: The Nikkei 225 fell about 4 percent after the start of trading in Tokyo.<\/p>\n

Oil prices dropped, with a barrel of West Texas Intermediate crude slipping nearly 4 percent to roughly $51, a result of the reduced demand from idled factories and restricted travel.<\/p>\n

Investors rushed to safety: Gold \u2014 viewed as a haven during market tumult \u2014 rose to a seven-year high. It\u2019s up nearly 10 percent since the start of 2020.<\/p>\n

And money poured into government bonds, pushing down bond yields, which move in the opposite direction of prices. The yield on the 10-year Treasury note fell to 1.37 percent, near the record low closing of 1.36, a level touched back in July 2016. The yield on the 30-year bond is already in record-low territory at 1.83 percent.<\/p><\/blockquote>\n

TXPR closed at 611.98<\/a>, down 0.92% on the day. Volume was 2.21-million, above average in the context of the past thirty days but nothing special.<\/p>\n

CPD closed at 12.23<\/a>, down 1.13% on the day. Volume of 133,936 was the highest of the past 30 days, ahead of the second-place February 5<\/a>.<\/p>\n

ZPR closed at 9.85<\/a>, down 0.71% on the day. Volume of 795,486 was by far the highest of the past 30 days, well ahead of January 24<\/a>.<\/p>\n

Five-year Canada yields were down 8bp to 1.22%<\/a> today.<\/p>\n\n\n\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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.8100 %<\/td>\n2,016.3<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.8100 %<\/td>\n3,699.7<\/td>\n<\/tr>\n
Floater<\/td>\n6.07 %<\/td>\n6.34 %<\/td>\n48,958<\/td>\n13.33<\/td>\n4<\/td>\n-1.8100 %<\/td>\n2,132.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0260 %<\/td>\n3,491.1<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n3.98 %<\/td>\n43,251<\/td>\n3.69<\/td>\n6<\/td>\n-0.0260 %<\/td>\n4,169.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0260 %<\/td>\n3,252.9<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.55 %<\/td>\n0.95 %<\/td>\n56,988<\/td>\n0.09<\/td>\n12<\/td>\n-0.2817 %<\/td>\n3,069.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.18 %<\/td>\n5.26 %<\/td>\n67,224<\/td>\n15.04<\/td>\n24<\/td>\n-0.3450 %<\/td>\n3,371.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.55 %<\/td>\n5.33 %<\/td>\n175,377<\/td>\n14.83<\/td>\n64<\/td>\n-0.9747 %<\/td>\n2,159.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.10 %<\/td>\n5.19 %<\/td>\n74,302<\/td>\n14.87<\/td>\n27<\/td>\n-0.3020 %<\/td>\n3,283.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n6.10 %<\/td>\n6.22 %<\/td>\n58,930<\/td>\n13.57<\/td>\n3<\/td>\n-2.4556 %<\/td>\n2,486.2<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.08 %<\/td>\n3.56 %<\/td>\n133,958<\/td>\n1.41<\/td>\n22<\/td>\n-0.1646 %<\/td>\n2,660.4<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.93 %<\/td>\n3.47 %<\/td>\n88,353<\/td>\n1.88<\/td>\n3<\/td>\n0.0953 %<\/td>\n2,747.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.40 %<\/td>\n5.23 %<\/td>\n98,986<\/td>\n14.95<\/td>\n22<\/td>\n-0.8597 %<\/td>\n2,190.1<\/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\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
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-4.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 12.81
\nEvaluated at bid price : 12.81
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 11.06
\nEvaluated at bid price : 11.06
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 11.15
\nEvaluated at bid price : 11.15
\nBid-YTW : 6.65 %<\/td>\n<\/tr>\n
PWF.PR.Q<\/td>\nFloatingReset<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 13.10
\nEvaluated at bid price : 13.10
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.47
\nEvaluated at bid price : 17.47
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 13.14
\nEvaluated at bid price : 13.14
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 15.25
\nEvaluated at bid price : 15.25
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-2.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 11.02
\nEvaluated at bid price : 11.02
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 12.80
\nEvaluated at bid price : 12.80
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-2.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 14.01
\nEvaluated at bid price : 14.01
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 11.10
\nEvaluated at bid price : 11.10
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.55
\nEvaluated at bid price : 18.55
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 12.89
\nEvaluated at bid price : 12.89
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 11.91
\nEvaluated at bid price : 11.91
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.15
\nEvaluated at bid price : 16.15
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 20.37
\nEvaluated at bid price : 20.37
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.61
\nEvaluated at bid price : 18.61
\nBid-YTW : 5.35 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 15.18
\nEvaluated at bid price : 15.18
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 12.35
\nEvaluated at bid price : 12.35
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.38
\nEvaluated at bid price : 16.38
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.65
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.51
\nEvaluated at bid price : 19.51
\nBid-YTW : 5.28 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.41
\nEvaluated at bid price : 17.41
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 5.17 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.17
\nEvaluated at bid price : 19.17
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 21.69
\nEvaluated at bid price : 21.94
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 18.09
\nEvaluated at bid price : 18.09
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.02
\nEvaluated at bid price : 19.02
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.05
\nEvaluated at bid price : 19.05
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.68
\nEvaluated at bid price : 17.68
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.86
\nEvaluated at bid price : 16.86
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.00
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.93
\nEvaluated at bid price : 19.93
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.39
\nEvaluated at bid price : 17.39
\nBid-YTW : 5.06 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.65
\nEvaluated at bid price : 17.65
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.72
\nEvaluated at bid price : 17.72
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.79
\nEvaluated at bid price : 16.79
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.89
\nEvaluated at bid price : 19.89
\nBid-YTW : 4.89 %<\/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
BNS.PR.H<\/td>\nFixedReset Prem<\/td>\n60,777<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-01-26
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.63
\nBid-YTW : 3.70 %<\/td>\n<\/tr>\n
BMO.PR.B<\/td>\nFixedReset Prem<\/td>\n53,744<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-02-25
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.70
\nBid-YTW : 3.41 %<\/td>\n<\/tr>\n
TD.PF.L<\/td>\nFixedReset Disc<\/td>\n33,356<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.81
\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n32,195<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.96
\nEvaluated at bid price : 16.96
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
BMO.PR.Q<\/td>\nFixedReset Bank Non<\/td>\n31,617<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.20
\nBid-YTW : 3.68 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Premium<\/td>\n30,957<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
There were 40 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
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 13.14 – 13.65
\nSpot Rate : 0.5100
\nAverage : 0.3286<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 13.14
\nEvaluated at bid price : 13.14
\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 15.25 – 15.67
\nSpot Rate : 0.4200
\nAverage : 0.2509<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 15.25
\nEvaluated at bid price : 15.25
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n

HSE.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 17.40 – 17.80
\nSpot Rate : 0.4000
\nAverage : 0.2539<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 17.40
\nEvaluated at bid price : 17.40
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

CM.PR.O<\/td>\nFixedReset Disc<\/td>\nQuote: 16.79 – 17.15
\nSpot Rate : 0.3600
\nAverage : 0.2176<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 16.79
\nEvaluated at bid price : 16.79
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n

MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.17 – 19.53
\nSpot Rate : 0.3600
\nAverage : 0.2407<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 19.17
\nEvaluated at bid price : 19.17
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n

CU.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.61 – 23.98
\nSpot Rate : 0.3700
\nAverage : 0.2513<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2050-02-24
\nMaturity Price : 23.14
\nEvaluated at bid price : 23.61
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Click for Big Sometimes things work! No sooner do I post a comment deprecating market timing than out jumps a coronavirus to punch us in the nose. Try predicting that in advance!: The S&P 500 …<\/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-40319","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40319","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=40319"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/40319\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=40319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=40319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=40319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}