{"id":41555,"date":"2020-11-06T19:32:47","date_gmt":"2020-11-07T00:32:47","guid":{"rendered":"http:\/\/prefblog.com\/?p=41555"},"modified":"2020-11-06T19:32:47","modified_gmt":"2020-11-07T00:32:47","slug":"november-6-2020","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=41555","title":{"rendered":"November 6, 2020"},"content":{"rendered":"<p><a href=\"https:\/\/www.nytimes.com\/live\/2020\/11\/06\/business\/us-economy-coronavirus\">Jobs, jobs, jobs<\/a>!<\/p>\n<blockquote><p>The American economy gained 638,000 jobs last month, a sign the labor market continues to heal slowly as a resurgence in the coronavirus threatens future growth.<\/p>\n<p>The unemployment rate fell sharply to 6.9 percent, from 7.9 percent in September, the Labor Department reported.<\/p>\n<p>The overall job gain would have been larger without the loss of 147,000 temporary census positions.<\/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>0.9627 %<\/td>\n<td>1,665.1<\/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>0.9627 %<\/td>\n<td>3,055.3<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>5.11 %<\/td>\n<td>5.16 %<\/td>\n<td>41,893<\/td>\n<td>15.19<\/td>\n<td>3<\/td>\n<td>0.9627 %<\/td>\n<td>1,760.8<\/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>0.0842 %<\/td>\n<td>3,535.6<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.80 %<\/td>\n<td>4.71 %<\/td>\n<td>42,923<\/td>\n<td>3.51<\/td>\n<td>8<\/td>\n<td>0.0842 %<\/td>\n<td>4,222.3<\/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>0.0842 %<\/td>\n<td>3,294.4<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.35 %<\/td>\n<td>2.96 %<\/td>\n<td>81,541<\/td>\n<td>0.13<\/td>\n<td>14<\/td>\n<td>0.0503 %<\/td>\n<td>3,183.7<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.20 %<\/td>\n<td>5.14 %<\/td>\n<td>84,655<\/td>\n<td>15.17<\/td>\n<td>19<\/td>\n<td>-0.1648 %<\/td>\n<td>3,565.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>5.45 %<\/td>\n<td>4.17 %<\/td>\n<td>129,080<\/td>\n<td>16.58<\/td>\n<td>64<\/td>\n<td>-0.0074 %<\/td>\n<td>2,124.5<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.08 %<\/td>\n<td>4.93 %<\/td>\n<td>107,195<\/td>\n<td>15.18<\/td>\n<td>22<\/td>\n<td>0.1724 %<\/td>\n<td>3,492.4<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>1.97 %<\/td>\n<td>2.30 %<\/td>\n<td>48,814<\/td>\n<td>1.22<\/td>\n<td>3<\/td>\n<td>0.0000 %<\/td>\n<td>1,800.4<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.22 %<\/td>\n<td>3.06 %<\/td>\n<td>240,465<\/td>\n<td>0.76<\/td>\n<td>15<\/td>\n<td>0.0105 %<\/td>\n<td>2,652.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>1.94 %<\/td>\n<td>2.04 %<\/td>\n<td>186,960<\/td>\n<td>1.22<\/td>\n<td>2<\/td>\n<td>0.0402 %<\/td>\n<td>2,865.9<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>5.48 %<\/td>\n<td>4.26 %<\/td>\n<td>70,808<\/td>\n<td>16.41<\/td>\n<td>22<\/td>\n<td>0.3014 %<\/td>\n<td>2,202.9<\/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>BAM.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>-3.54 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.57<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 16.30<br \/>\nEvaluated at bid price : 16.30<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-2.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 10.76<br \/>\nEvaluated at bid price : 10.76<br \/>\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.67 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 8.83<br \/>\nEvaluated at bid price : 8.83<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.J<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.52 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 18.81<br \/>\nEvaluated at bid price : 18.81<br \/>\nBid-YTW : 4.34 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.33 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 22.80<br \/>\nEvaluated at bid price : 23.08<br \/>\nBid-YTW : 4.87 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.27 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 22.34<br \/>\nEvaluated at bid price : 22.62<br \/>\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 19.70<br \/>\nEvaluated at bid price : 19.70<br \/>\nBid-YTW : 4.07 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 16.70<br \/>\nEvaluated at bid price : 16.70<br \/>\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.01 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 9.85<br \/>\nEvaluated at bid price : 9.85<br \/>\nBid-YTW : 4.36 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.25 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 20.30<br \/>\nEvaluated at bid price : 20.30<br \/>\nBid-YTW : 4.25 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.29 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 13.32<br \/>\nEvaluated at bid price : 13.32<br \/>\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.37 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 14.76<br \/>\nEvaluated at bid price : 14.76<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.C<\/td>\n<td>Floater<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 8.43<br \/>\nEvaluated at bid price : 8.43<br \/>\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.F<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.56 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 16.30<br \/>\nEvaluated at bid price : 16.30<br \/>\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 13.16<br \/>\nEvaluated at bid price : 13.16<br \/>\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.R<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>2.55 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.75<br \/>\nEvaluated at bid price : 24.92<br \/>\nBid-YTW : 4.26 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>4.59 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 17.79<br \/>\nEvaluated at bid price : 17.79<br \/>\nBid-YTW : 4.59 %<\/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>SLF.PR.E<\/td>\n<td>Insurance Straight<\/td>\n<td>138,500<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.63<br \/>\nEvaluated at bid price : 23.90<br \/>\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>43,700<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.48<br \/>\nEvaluated at bid price : 23.89<br \/>\nBid-YTW : 3.93 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>34,050<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 17.94<br \/>\nEvaluated at bid price : 17.94<br \/>\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.R<\/td>\n<td>FixedReset Prem<\/td>\n<td>31,851<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-08-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.45<br \/>\nBid-YTW : 2.90 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.C<\/td>\n<td>Insurance Straight<\/td>\n<td>28,200<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.14<br \/>\nEvaluated at bid price : 23.40<br \/>\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>26,900<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 22.85<br \/>\nEvaluated at bid price : 23.23<br \/>\nBid-YTW : 4.12 %<\/td>\n<\/tr>\n<tr>\n<td colspan='4'>There were 19 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>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 10.65 &#8211; 11.65<br \/>\nSpot Rate  :  1.0000<br \/>\nAverage  :  0.5630<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 10.65<br \/>\nEvaluated at bid price : 10.65<br \/>\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.I<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 24.00 &#8211; 24.97<br \/>\nSpot Rate  :  0.9700<br \/>\nAverage  :  0.5746<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 23.57<br \/>\nEvaluated at bid price : 24.00<br \/>\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 22.03 &#8211; 23.00<br \/>\nSpot Rate  :  0.9700<br \/>\nAverage  :  0.6069<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 21.78<br \/>\nEvaluated at bid price : 22.03<br \/>\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 17.25 &#8211; 17.74<br \/>\nSpot Rate  :  0.4900<br \/>\nAverage  :  0.3280<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 17.25<br \/>\nEvaluated at bid price : 17.25<br \/>\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.D<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 22.62 &#8211; 23.50<br \/>\nSpot Rate  :  0.8800<br \/>\nAverage  :  0.7203<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 22.34<br \/>\nEvaluated at bid price : 22.62<br \/>\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>Quote: 10.76 &#8211; 11.30<br \/>\nSpot Rate  :  0.5400<br \/>\nAverage  :  0.3871<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2050-11-06<br \/>\nMaturity Price  : 10.76<br \/>\nEvaluated at bid price : 10.76<br \/>\nBid-YTW : 4.24 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Jobs, jobs, jobs! The American economy gained 638,000 jobs last month, a sign the labor market continues to heal slowly as a resurgence in the coronavirus threatens future growth. The unemployment rate fell sharply to &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-41555","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41555","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=41555"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/41555\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=41555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=41555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=41555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}