{"id":43399,"date":"2022-05-09T20:30:01","date_gmt":"2022-05-10T01:30:01","guid":{"rendered":"https:\/\/prefblog.com\/?p=43399"},"modified":"2022-05-09T20:30:01","modified_gmt":"2022-05-10T01:30:01","slug":"may-9-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43399","title":{"rendered":"May 9, 2022"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 618.14<\/a>, down 1.14% on the day. Volume today was 1.47-million, well below the median of the past 21 trading days.<\/p>\n

CPD closed at 12.28<\/a>, down 0.97% on the day. Volume was 107,800, near the median of the past 21 trading days.<\/p>\n

ZPR closed at 10.26<\/a> down 0.87% on the day. Volume of 173,220 was near the median of the past 21 trading days.<\/p>\n

Five-year Canada yields were down a bit to 2.82%<\/a> today.<\/p>\n

It was a pretty horrible day everywhere<\/a>:<\/p>\n

The S&P 500 fell 3.2 percent, adding to a downdraft that has knocked 16.3 percent off the index this year, including a five-week stretch of selling that is the market\u2019s longest such decline in more than a decade.<\/p>\n

The drop has stocks approaching a bear market, Wall Street\u2019s term for a decline of 20 percent or more from recent highs, a retreat that serves as a marker of a severe shift in sentiment.<\/p>\n

The focus of attention on Monday was China\u2019s economy, after customs data showed that growth in the country\u2019s exports slowed significantly in April and Li Keqiang, the Chinese premier, warned this weekend that the current state of the nation\u2019s jobs market was \u201ccomplicated and grave.\u201d<\/p><\/blockquote>\n

But here’s a sign of the times<\/a>:<\/p>\n

Royal Bank of Canada RY-T -1.44%decrease
\nis raising base pay by 3 per cent for its lower-paid employees as part of a $200-million spending package that aims to fend off fierce competition for talent by improving salaries and benefits.<\/p>\n

The unusual increase takes effect on July 1, and applies to all employees in a range of entry-level and less senior positions, including at branches, call centres and other divisions. Collectively, the employees receiving raises make up nearly half of all RBC staff, and chief executive officer Dave McKay said in a company memo that the raises are intended \u201cto address the market pressures and the rising cost of living that is having a greater impact on colleagues in lower salary bands.\u201d<\/p>\n

He said RBC, which has more than 85,000 full-time equivalent employees, will take those market forces into account when the bank calculates its normal salary increases at the end of the fiscal year in October. Many other RBC employees, including those in senior roles, receive a significant amount of their pay from commissions or bonuses, which also surged in a busy year for traders and investment bankers. That has been a key factor driving costs higher for many banks over the past year.<\/p><\/blockquote>\n

The New York Fed has released<\/a> its Survey of Consumer Expectations:<\/p>\n

\n
    \n
  • Median inflation expectations decreased in April at the one-year horizon to 6.3% from 6.6% in March. In contrast, median three-year-ahead inflation expectations rose by 0.2 percentage point to 3.9%. While both series remain elevated, they are 0.3 percentage point below their series highs. The survey\u2019s measure of disagreement across respondents (the difference between the 75th and 25th percentile of inflation expectations) decreased at the one-year horizon but increased at the three-year horizon.<\/li>\n
  • …<\/li>\n
  • Expectations about year-ahead price changes fell sharply by 4.4 percentage points for the price of gas to 5.2%. The expected change in the price of food and medical care fell by 0.2 percentage point (to 9.4%) and by 0.1 percentage point (to 9.5%), respectively. The median expected change in the cost of a college education and rent rose by 0.6 percentage point (to 9.1%) and 0.1 percentage point (to 10.3%), respectively. The median expected increase in rent is now at a new series\u2019 high.<\/li>\n
  • …<\/li>\n
  • Median one-year-ahead expected earnings growth remained unchanged in April at its series high of 3.0%.<\/li>\n
  • …<\/li>\n
  • The median expected growth in household income increased by 0.1 percentage point to 3.1% in April. This reading is comparable to its 12-month trailing average of 3.0%, but it is below the series high of 3.4% recorded in December 2021.<\/li>\n
  • Median household nominal spending growth expectations increased by 0.3 percentage point to 8.0%, marking a new series high. The increase was most pronounced for respondents over the age of 60 and those with at most a high school diploma.<\/li>\n<\/ul>\n<\/blockquote>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
    HIMIPref\u2122 Preferred Indices
    \nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong>
    \nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n
    Index<\/td>\nMean
    \nCurrent
    \nYield
    \n(at bid)<\/td>\n    		Median
    \nYTW<\/td>\n    		Median
    \nAverage
    \nTrading
    \nValue<\/td>\n    		Median
    \nMod Dur
    \n(YTW)<\/td>\n    		Issues<\/td>\nDay’s Perf.<\/td>\nIndex Value<\/td>\n<\/tr>\n
    Ratchet<\/td>\n3.79 %<\/td>\n4.45 %<\/td>\n23,184<\/td>\n18.48<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,571.3<\/td>\n<\/tr>\n
    FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1773 %<\/td>\n4,858.2<\/td>\n<\/tr>\n
    Floater<\/td>\n4.25 %<\/td>\n4.29 %<\/td>\n50,931<\/td>\n16.79<\/td>\n3<\/td>\n0.1773 %<\/td>\n2,799.8<\/td>\n<\/tr>\n
    OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0306 %<\/td>\n3,505.9<\/td>\n<\/tr>\n
    SplitShare<\/td>\n4.85 %<\/td>\n5.47 %<\/td>\n37,300<\/td>\n3.28<\/td>\n8<\/td>\n-0.0306 %<\/td>\n4,186.8<\/td>\n<\/tr>\n
    Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0306 %<\/td>\n3,266.7<\/td>\n<\/tr>\n
    Perpetual-Premium<\/td>\n5.94 %<\/td>\n5.98 %<\/td>\n62,090<\/td>\n13.92<\/td>\n1<\/td>\n0.0403 %<\/td>\n2,938.1<\/td>\n<\/tr>\n
    Perpetual-Discount<\/td>\n5.89 %<\/td>\n5.91 %<\/td>\n66,104<\/td>\n14.02<\/td>\n35<\/td>\n-1.8971 %<\/td>\n3,150.7<\/td>\n<\/tr>\n
    FixedReset Disc<\/td>\n4.72 %<\/td>\n6.17 %<\/td>\n139,720<\/td>\n13.72<\/td>\n59<\/td>\n-2.8267 %<\/td>\n2,458.0<\/td>\n<\/tr>\n
    Insurance Straight<\/td>\n5.77 %<\/td>\n5.86 %<\/td>\n102,311<\/td>\n14.04<\/td>\n20<\/td>\n-0.7798 %<\/td>\n3,110.9<\/td>\n<\/tr>\n
    FloatingReset<\/td>\n4.80 %<\/td>\n5.06 %<\/td>\n66,683<\/td>\n15.37<\/td>\n2<\/td>\n-1.1754 %<\/td>\n2,593.2<\/td>\n<\/tr>\n
    FixedReset Prem<\/td>\n5.09 %<\/td>\n5.40 %<\/td>\n138,165<\/td>\n2.09<\/td>\n9<\/td>\n-0.1246 %<\/td>\n2,588.2<\/td>\n<\/tr>\n
    FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-2.8267 %<\/td>\n2,512.6<\/td>\n<\/tr>\n
    FixedReset Ins Non<\/td>\n4.58 %<\/td>\n6.06 %<\/td>\n85,212<\/td>\n13.86<\/td>\n15<\/td>\n0.0697 %<\/td>\n2,619.7<\/td>\n<\/tr>\n<\/tbody>\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\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
    CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-48.27 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 10.15
    \nEvaluated at bid price : 10.15
    \nBid-YTW : 11.40 %<\/td>\n<\/tr>\n
    TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-40.34 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 12.29
    \nEvaluated at bid price : 12.29
    \nBid-YTW : 10.34 %<\/td>\n<\/tr>\n
    BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-11.53 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.57
    \nEvaluated at bid price : 20.57
    \nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
    NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-10.21 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.00
    \nEvaluated at bid price : 19.00
    \nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
    NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-6.82 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.50
    \nEvaluated at bid price : 20.50
    \nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
    BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-6.10 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.00
    \nEvaluated at bid price : 20.00
    \nBid-YTW : 6.35 %<\/td>\n<\/tr>\n
    NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-5.96 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.21
    \nEvaluated at bid price : 22.57
    \nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
    BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-4.75 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.05
    \nEvaluated at bid price : 20.05
    \nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
    NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-4.36 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.88
    \nEvaluated at bid price : 22.40
    \nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
    BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-4.35 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.74
    \nEvaluated at bid price : 22.00
    \nBid-YTW : 6.81 %<\/td>\n<\/tr>\n
    TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-4.21 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 17.96
    \nEvaluated at bid price : 17.96
    \nBid-YTW : 6.99 %<\/td>\n<\/tr>\n
    TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-4.20 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.07
    \nEvaluated at bid price : 20.07
    \nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
    POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-4.14 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.09
    \nEvaluated at bid price : 21.09
    \nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
    TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-4.05 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 18.23
    \nEvaluated at bid price : 18.23
    \nBid-YTW : 7.02 %<\/td>\n<\/tr>\n
    RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-3.75 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.73
    \nEvaluated at bid price : 23.10
    \nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
    TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-3.69 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 16.18
    \nEvaluated at bid price : 16.18
    \nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
    CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-3.62 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.95
    \nEvaluated at bid price : 19.95
    \nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
    CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-3.61 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.01
    \nEvaluated at bid price : 20.01
    \nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
    BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-3.47 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.69
    \nEvaluated at bid price : 23.07
    \nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
    TD.PF.C<\/td>\nFixedReset Disc<\/td>\n-2.95 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.40
    \nEvaluated at bid price : 20.40
    \nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
    RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-2.84 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.50
    \nEvaluated at bid price : 20.50
    \nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
    CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.78 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.30
    \nEvaluated at bid price : 21.30
    \nBid-YTW : 6.19 %<\/td>\n<\/tr>\n
    SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-2.74 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.55
    \nEvaluated at bid price : 19.55
    \nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
    TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.57 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.25
    \nEvaluated at bid price : 21.25
    \nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
    BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.53 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 18.52
    \nEvaluated at bid price : 18.52
    \nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
    IAF.PR.B<\/td>\nInsurance Straight<\/td>\n-2.47 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.36
    \nEvaluated at bid price : 21.36
    \nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
    TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-2.41 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.88
    \nEvaluated at bid price : 23.44
    \nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
    CM.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.94 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.13
    \nEvaluated at bid price : 22.80
    \nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
    PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 23.17
    \nEvaluated at bid price : 23.43
    \nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
    CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.22
    \nEvaluated at bid price : 21.22
    \nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
    GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.76 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.97
    \nEvaluated at bid price : 22.35
    \nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
    TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.28
    \nEvaluated at bid price : 21.28
    \nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
    BAM.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.65
    \nEvaluated at bid price : 19.65
    \nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
    MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.86
    \nEvaluated at bid price : 19.86
    \nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
    BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.62 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.63
    \nEvaluated at bid price : 20.63
    \nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
    CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.80
    \nEvaluated at bid price : 20.80
    \nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
    SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 15.35
    \nEvaluated at bid price : 15.35
    \nBid-YTW : 4.62 %<\/td>\n<\/tr>\n
    BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.55
    \nEvaluated at bid price : 19.55
    \nBid-YTW : 6.17 %<\/td>\n<\/tr>\n
    BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.49 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.79
    \nEvaluated at bid price : 23.20
    \nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
    PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Hard Maturity
    \nMaturity Date\t: 2028-02-29
    \nMaturity Price : 25.00
    \nEvaluated at bid price : 23.45
    \nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
    CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.25
    \nEvaluated at bid price : 20.25
    \nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
    TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 13.55
    \nEvaluated at bid price : 13.55
    \nBid-YTW : 7.08 %<\/td>\n<\/tr>\n
    GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.75
    \nEvaluated at bid price : 22.00
    \nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
    PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 14.50
    \nEvaluated at bid price : 14.50
    \nBid-YTW : 6.68 %<\/td>\n<\/tr>\n
    PVS.PR.I<\/td>\nSplitShare<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Hard Maturity
    \nMaturity Date\t: 2025-10-31
    \nMaturity Price : 25.00
    \nEvaluated at bid price : 24.40
    \nBid-YTW : 5.81 %<\/td>\n<\/tr>\n
    BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 17.50
    \nEvaluated at bid price : 17.50
    \nBid-YTW : 6.74 %<\/td>\n<\/tr>\n
    BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.62
    \nEvaluated at bid price : 20.62
    \nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
    RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.25
    \nEvaluated at bid price : 21.25
    \nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
    BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.65
    \nEvaluated at bid price : 19.65
    \nBid-YTW : 6.71 %<\/td>\n<\/tr>\n
    SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.00
    \nEvaluated at bid price : 20.00
    \nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
    BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.50
    \nEvaluated at bid price : 20.50
    \nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
    TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.59
    \nEvaluated at bid price : 23.00
    \nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
    GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.56
    \nEvaluated at bid price : 21.84
    \nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
    RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.72
    \nEvaluated at bid price : 20.72
    \nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
    BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 23.42
    \nEvaluated at bid price : 24.00
    \nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
    BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.27
    \nEvaluated at bid price : 21.27
    \nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
    GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.56
    \nEvaluated at bid price : 21.82
    \nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
    PWF.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.00
    \nEvaluated at bid price : 21.00
    \nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
    BAM.PR.B<\/td>\nFloater<\/td>\n1.46 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 13.17
    \nEvaluated at bid price : 13.17
    \nBid-YTW : 4.29 %<\/td>\n<\/tr>\n
    RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n1.50 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 23.25
    \nEvaluated at bid price : 23.70
    \nBid-YTW : 5.16 %<\/td>\n<\/tr>\n
    PVS.PR.G<\/td>\nSplitShare<\/td>\n2.02 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Option Certainty
    \nMaturity Date\t: 2026-02-28
    \nMaturity Price : 25.00
    \nEvaluated at bid price : 24.75
    \nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
    BAM.PR.X<\/td>\nFixedReset Disc<\/td>\n2.07 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 17.77
    \nEvaluated at bid price : 17.77
    \nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
    PVS.PR.K<\/td>\nSplitShare<\/td>\n2.56 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Hard Maturity
    \nMaturity Date\t: 2029-05-31
    \nMaturity Price : 25.00
    \nEvaluated at bid price : 24.00
    \nBid-YTW : 5.25 %<\/td>\n<\/tr>\n
    MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n5.51 %<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 19.73
    \nEvaluated at bid price : 19.73
    \nBid-YTW : 6.30 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n\n
    Volume Highlights<\/strong><\/td>\n<\/tr>\n
    Issue<\/td>\nIndex<\/td>\nShares
    \nTraded<\/td>\n    		Notes<\/td>\n<\/tr>\n
    BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n28,800<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 23.42
    \nEvaluated at bid price : 24.00
    \nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
    CM.PR.O<\/td>\nFixedReset Disc<\/td>\n28,100<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.01
    \nEvaluated at bid price : 20.01
    \nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
    RS.PR.A<\/td>\nSplitShare<\/td>\n26,600<\/td>\nYTW SCENARIO
    \nMaturity Type : Hard Maturity
    \nMaturity Date\t: 2025-12-31
    \nMaturity Price : 10.00
    \nEvaluated at bid price : 9.91
    \nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
    CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n21,005<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.25
    \nEvaluated at bid price : 20.25
    \nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
    BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n20,570<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 23.61
    \nEvaluated at bid price : 24.80
    \nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
    MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n20,307<\/td>\nYTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 21.87
    \nEvaluated at bid price : 22.20
    \nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
    There were 16 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\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
    CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 10.15 – 19.75
    \nSpot Rate : 9.6000
    \nAverage : 5.2094<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 10.15
    \nEvaluated at bid price : 10.15
    \nBid-YTW : 11.40 %<\/td>\n<\/tr>\n

    TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 12.29 – 20.28
    \nSpot Rate : 7.9900
    \nAverage : 4.4789<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 12.29
    \nEvaluated at bid price : 12.29
    \nBid-YTW : 10.34 %<\/td>\n<\/tr>\n

    IFC.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 20.50 – 24.70
    \nSpot Rate : 4.2000
    \nAverage : 2.5953<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.50
    \nEvaluated at bid price : 20.50
    \nBid-YTW : 6.14 %<\/td>\n<\/tr>\n

    MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\nQuote: 14.73 – 17.65
    \nSpot Rate : 2.9200
    \nAverage : 1.8395<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 14.73
    \nEvaluated at bid price : 14.73
    \nBid-YTW : 6.50 %<\/td>\n<\/tr>\n

    BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 20.57 – 23.29
    \nSpot Rate : 2.7200
    \nAverage : 1.6752<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 20.57
    \nEvaluated at bid price : 20.57
    \nBid-YTW : 7.14 %<\/td>\n<\/tr>\n

    NA.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 22.57 – 24.69
    \nSpot Rate : 2.1200
    \nAverage : 1.2566<\/p>\n

    YTW SCENARIO
    \nMaturity Type : Limit Maturity
    \nMaturity Date\t: 2052-05-09
    \nMaturity Price : 22.21
    \nEvaluated at bid price : 22.57
    \nBid-YTW : 6.19 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

    TXPR closed at 618.14, down 1.14% on the day. Volume today was 1.47-million, well below the median of the past 21 trading days. CPD closed at 12.28, down 0.97% on the day. Volume was 107,800, …<\/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-43399","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43399","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=43399"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43399\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43399"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43399"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43399"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}