{"id":43586,"date":"2022-06-10T20:40:55","date_gmt":"2022-06-11T01:40:55","guid":{"rendered":"https:\/\/prefblog.com\/?p=43586"},"modified":"2022-06-10T20:40:55","modified_gmt":"2022-06-11T01:40:55","slug":"june-10-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43586","title":{"rendered":"June 10, 2022"},"content":{"rendered":"

US inflation wasn’t very encouraging<\/a>:<\/p>\n

Prices climbed 8.6 percent in the year through May, a re-acceleration of inflation that makes it increasingly difficult for consumers to afford everyday purchases and poses a major challenge for the Federal Reserve and White House as they try to secure a strong and stable economy.<\/p>\n

The Consumer Price Index climbed 1 percent from April \u2014 far more quickly than in the previous month \u2014 and by 0.6 percent after stripping out food and fuel prices, which can be volatile. That so-called core inflation reading matched April\u2019s reading.
\n…<\/b>
\nThe price of gasoline rose 4.1 percent in May over the previous month, bringing the increase from a year ago to 48.7 percent.<\/p><\/blockquote>\n

And globally, even the ECB is taking action<\/a>:<\/p>\n

The European Central Bank ended a long-running stimulus scheme on Thursday and said it would deliver next month its first interest rate hike since 2011, followed by a potentially larger move in September.<\/p>\n

With inflation at a record-high 8.1% and still rising, the ECB now fears that price growth is broadening out and could morph into a hard-to-break wage-price spiral, heralding a new era of stubbornly higher prices.<\/p>\n

The central bank for the 19 countries that use the euro said it would end quantitative easing on July 1, then raise interest rates by 25 basis points on July 21. It will then hike again on Sept. 8 and go for a bigger move, unless the inflation outlook improves in the meantime.<\/p>\n

\u201cWe will make sure that inflation returns to our 2% target over the medium term,\u201d ECB President Christine Lagarde told a news conference. \u201cIt is not just a step, it is a journey,\u201d she said of the moves signalled on Thursday.<\/p><\/blockquote>\n

Meanwhile, supply chain fears originating in China are refreshing themselves<\/a>:<\/p>\n

China\u2019s commercial hub of Shanghai will lock down millions of people for mass COVID-19 testing this weekend \u2013 just 10 days after lifting its gruelling two-month lockdown \u2013 unsettling residents and raising concerns about the business impact.<\/p>\n

Racing to stop a wider outbreak after discovering a handful of community cases, including a cluster traced to a popular beauty salon, authorities have ordered PCR testing for all residents in 14 of Shanghai\u2019s 16 districts over the weekend.<\/p>\n

Five of the districts said residents would not be allowed to leave their homes while the testing was carried out. A notice issued by Changning district described the stay-home requirement as \u201cclosed management\u201d of the community being sampled.<\/p><\/blockquote>\n

But at least there are jobs in Canada<\/a>!<\/p>\n

The economy added 40,000 jobs in May, driven by a gain in full-time jobs as the labour market continued to tighten and wages pushed higher, Statistics Canada said Friday.<\/p>\n

The increase came as the unemployment rate fell to 5.1 per cent, the lowest rate since at least 1976 which is as far back as comparable data goes. The unemployment rate was 5.2 per cent in April.
\n…<\/b>
\nStatistics Canada said Friday average hourly wages for all employees rose 3.9 per cent on a year-over-year basis in May, compared with an increase of 3.3 per cent in April.<\/p>\n

The jobs report follows a decision by the Bank of Canada last week to raise its key interest rate by half a percentage point to 1.5 per cent in an effort to help bring inflation back under control.<\/p>\n

The annual pace of inflation rose to 6.8 per cent in April, the fastest year-over-year rise in 31 years.<\/p><\/blockquote>\n

The upshot is that GOC-5 is now 3.37%<\/a>.<\/p>\n

To top everything else, we have to batten down the hatches in preparation for bathroom wars<\/a>:<\/p>\n

Speaking on Thursday at The Times\u2019s DealBook D.C. policy forum, Mr. Schultz said the coffee giant might no longer allow people who were not customers to use their stores\u2019 bathrooms. The move would reverse a policy Starbucks instituted in 2018 in the wake of the arrest of two Black men in one of its Philadelphia stores. The two men had been reported to the police by a Starbucks employee after they were denied use of the store\u2019s bathroom and asked to leave. They hadn\u2019t made a purchase.<\/p>\n

At the time, Starbucks announced that \u201cany customer is welcome to use Starbucks spaces, including our restrooms, cafes and patios, regardless of whether they make a purchase.\u201d<\/p>\n

But on Thursday Mr. Schultz said that a growing mental health problem was making it difficult for his company\u2019s employees to manage its stores under the current policies. Mr. Schultz said that the decision was an \u201cissue of just safety\u201d and that he thought Starbucks might have to put policies in place that limit the number of non-customers who come into its stores.<\/p><\/blockquote>\n

It’s becoming an issue<\/a>:<\/p>\n

Toronto, like many cities in Canada, has a washroom problem. There are not enough of them. According to the Public Toilet Index, Canada has 18 public toilets per 100,000 people, which is better than the United States (eight) but much worse than Iceland (56). Even if you are lucky enough to find a washroom in a park, you\u2019d better make sure you only want to use it between the hours of 9 a.m. and 9 p.m., from May to October. Otherwise, please turn off your body\u2019s taps.<\/p>\n

Washrooms may not figure in most people\u2019s reckoning of a great city, but they should. They allow people who might otherwise feel leery about straying too far from their own bathrooms \u2013 the elderly, people with young children, those with inflammatory bowel disease \u2013 to have full access to their cities. Years ago, when I was living in London and writing about the lack of toilets there, I interviewed urban planning professor and public washroom advocate Clara Greed, who called this unnecessary constraint \u201cthe bladder\u2019s leash.\u201d I\u2019ve loved that phrase ever since.
\n…<\/b>
\nIt was not always this way. In the early 20th century, Toronto built public palaces for its thrones, a fascinating history that is laid out in the Gotta Go TO report<\/a> for Toronto\u2019s Public Space Committee. But those public washrooms were closed by the early 1980s, because the city, like many others, insisted that bathrooms be installed in gas stations instead of being a municipal responsibility. This led to the private handoff of bathroom keys we\u2019re stuck with today: If you don\u2019t fill one tank, good luck trying to empty the other.<\/p><\/blockquote>\n

Well, of course public washrooms are a public good and should be publicly funded. Not in the States, though – that’s a radical left-wing idea!<\/p>\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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5256 %<\/td>\n2,645.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.5256 %<\/td>\n5,073.1<\/td>\n<\/tr>\n
Floater<\/td>\n4.70 %<\/td>\n4.76 %<\/td>\n45,622<\/td>\n15.83<\/td>\n3<\/td>\n-1.5256 %<\/td>\n2,923.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2081 %<\/td>\n3,514.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.84 %<\/td>\n5.12 %<\/td>\n34,679<\/td>\n3.20<\/td>\n8<\/td>\n-0.2081 %<\/td>\n4,197.4<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2081 %<\/td>\n3,275.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.83 %<\/td>\n5.88 %<\/td>\n65,734<\/td>\n14.00<\/td>\n2<\/td>\n-0.1394 %<\/td>\n2,963.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.68 %<\/td>\n5.77 %<\/td>\n61,482<\/td>\n14.19<\/td>\n34<\/td>\n-0.7129 %<\/td>\n3,266.5<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.53 %<\/td>\n6.40 %<\/td>\n128,734<\/td>\n13.55<\/td>\n57<\/td>\n-1.0885 %<\/td>\n2,577.1<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.68 %<\/td>\n5.72 %<\/td>\n91,712<\/td>\n14.28<\/td>\n19<\/td>\n-0.4441 %<\/td>\n3,164.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.08 %<\/td>\n5.34 %<\/td>\n50,078<\/td>\n14.97<\/td>\n2<\/td>\n-0.7759 %<\/td>\n2,698.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.04 %<\/td>\n4.92 %<\/td>\n131,454<\/td>\n2.01<\/td>\n9<\/td>\n0.0262 %<\/td>\n2,618.9<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-1.0885 %<\/td>\n2,634.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.38 %<\/td>\n6.30 %<\/td>\n73,560<\/td>\n13.65<\/td>\n15<\/td>\n-0.4859 %<\/td>\n2,742.0<\/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\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
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n-10.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-6.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n-6.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 15.03
\nEvaluated at bid price : 15.03
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-4.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 14.50
\nEvaluated at bid price : 14.50
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-4.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-3.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-3.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-3.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-3.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nPerpetual-Discount<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.75
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-2.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.60
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 16.59
\nEvaluated at bid price : 16.59
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-2.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.25
\nEvaluated at bid price : 20.25
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.99
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-2.54 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.98
\nEvaluated at bid price : 19.98
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-2.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.58
\nEvaluated at bid price : 23.10
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 14.10
\nEvaluated at bid price : 14.10
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-2.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.58
\nEvaluated at bid price : 23.95
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 6.69 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.82
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 13.70
\nEvaluated at bid price : 13.70
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.80
\nBid-YTW : 6.32 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.86 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.31
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.43
\nEvaluated at bid price : 24.15
\nBid-YTW : 6.56 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 15.85
\nEvaluated at bid price : 15.85
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.73
\nEvaluated at bid price : 24.12
\nBid-YTW : 6.38 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.87
\nEvaluated at bid price : 22.11
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset Disc<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.32
\nEvaluated at bid price : 21.62
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.81
\nEvaluated at bid price : 24.14
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.81
\nEvaluated at bid price : 20.81
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.64
\nEvaluated at bid price : 24.05
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.98
\nEvaluated at bid price : 23.25
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 13.50
\nEvaluated at bid price : 13.50
\nBid-YTW : 7.49 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 24.09
\nEvaluated at bid price : 24.35
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Prem<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2024-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 13.81
\nEvaluated at bid price : 13.81
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.19
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.83
\nEvaluated at bid price : 24.16
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.65
\nEvaluated at bid price : 24.24
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.67
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.70
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.60
\nEvaluated at bid price : 20.60
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.34
\nEvaluated at bid price : 21.65
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.07
\nEvaluated at bid price : 21.07
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.02
\nEvaluated at bid price : 22.30
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.00
\nEvaluated at bid price : 22.35
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.73
\nEvaluated at bid price : 22.01
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 13.80
\nEvaluated at bid price : 13.80
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.28
\nEvaluated at bid price : 20.28
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.70
\nEvaluated at bid price : 24.25
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.35
\nEvaluated at bid price : 21.35
\nBid-YTW : 6.40 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.04
\nEvaluated at bid price : 23.58
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.06
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.12
\nEvaluated at bid price : 23.76
\nBid-YTW : 6.24 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n2.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.36
\nEvaluated at bid price : 19.36
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n3.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 23.32
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n3.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n3.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.71
\nEvaluated at bid price : 19.71
\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n4.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.36
\nEvaluated at bid price : 19.36
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n5.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.41 %<\/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
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n425,776<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 2.87 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n41,347<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.21 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n31,725<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n31,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.10
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Prem<\/td>\n26,200<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.06
\nBid-YTW : 4.67 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n24,980<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.75
\nEvaluated at bid price : 22.00
\nBid-YTW : 6.37 %<\/td>\n<\/tr>\n
There were 7 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
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 20.20 – 22.42
\nSpot Rate : 2.2200
\nAverage : 1.3357<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.20
\nEvaluated at bid price : 20.20
\nBid-YTW : 6.70 %<\/td>\n<\/tr>\n

RY.PR.Z<\/td>\nFixedReset Disc<\/td>\nQuote: 20.65 – 22.40
\nSpot Rate : 1.7500
\nAverage : 1.0677<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.65
\nEvaluated at bid price : 20.65
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

NA.PR.S<\/td>\nFixedReset Disc<\/td>\nQuote: 21.51 – 23.35
\nSpot Rate : 1.8400
\nAverage : 1.2436<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 21.51
\nEvaluated at bid price : 21.51
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n

FTS.PR.K<\/td>\nFixedReset Disc<\/td>\nQuote: 18.85 – 20.50
\nSpot Rate : 1.6500
\nAverage : 1.0580<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.03 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.00 – 22.75
\nSpot Rate : 2.7500
\nAverage : 2.2102<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n

SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.00 – 23.50
\nSpot Rate : 4.5000
\nAverage : 3.9656<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-10
\nMaturity Price : 19.00
\nEvaluated at bid price : 19.00
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

US inflation wasn’t very encouraging: Prices climbed 8.6 percent in the year through May, a re-acceleration of inflation that makes it increasingly difficult for consumers to afford everyday purchases and poses a major challenge for …<\/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-43586","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43586","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=43586"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43586\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43586"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43586"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43586"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}