{"id":43679,"date":"2022-06-23T19:12:44","date_gmt":"2022-06-24T00:12:44","guid":{"rendered":"https:\/\/prefblog.com\/?p=43679"},"modified":"2022-06-23T19:12:44","modified_gmt":"2022-06-24T00:12:44","slug":"june-23-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=43679","title":{"rendered":"June 23, 2022"},"content":{"rendered":"
<\/a><\/div>\n

TXPR closed at 609.84<\/a>, down 0.70% on the day. Volume today was 2.58-million, third-highest of the past 21 trading days.<\/p>\n

CPD closed at 12.24<\/a>, down 0.08% on the day. Volume was 87,630, above the median of the past 21 trading days.<\/p>\n

ZPR closed at 10.22<\/a> down 0.58% on the day. Volume of 211,150 was below the median of the past 21 trading days.<\/p>\n

Five-year Canada yields were down sharply to 3.21%<\/a> today; the volatility is amazing<\/a>:<\/p>\n

U.S. Treasury yields fell to their lowest levels in almost two weeks on Thursday, as data from the euro area stoked worries about a sharp slowdown in the global economy.<\/p>\n

Euro zone business growth has slowed significantly this month – and by much more than expected – as consumers concerned about soaring bills opted to stay at home and defer purchases to save money, a survey showed on Thursday.<\/p>\n

In London trade, the 10-year Treasury yield fell to 3.087 % , its lowest level in almost two weeks. It was down 6 bps on the day and followed sharp falls in bond yields across the euro area.
\n…<\/b>
\nS&P Global’s flash euro zone Composite Purchasing Managers’ Index (PMI), seen as a good gauge of overall economic health, slumped to 51.9 in June from 54.8 in May, far below the 54.0 predicted in a Reuters poll.
\n…<\/b>
\nSince hitting its highest since 2011 early last week, the benchmark 10-year Treasury yield has tumbled around 40 bps, highlighting investor uncertainty in the wake of aggressive monetary tightening from the Federal Reserve<\/p><\/blockquote>\n

There’s a lot of weeping and wailing<\/a> about how abnormally high interests rates are right now:<\/p>\n

Rising rates could bake higher expenses into family finances for years. With a fixed-rate mortgage, you are locking in today\u2019s higher payments in for whatever term you choose. From that perspective, the familiar old five-year fixed rate mortgage doesn\u2019t look great.<\/p>\n

Higher mortgage costs also make houses less affordable to buy, which is itself a retirement problem. In no way does a home guarantee a financially secure retirement. But if you do own one, you have a valuable asset to sell in order to free up money for retirement costs like care provided through in-home services or nursing homes.
\n…<\/b>
\nA return to normal inflation levels and an interest rate reversal would help avert this crisis, but we have a broader affordability problem to contend with in the form of lifestyle inflation.<\/p><\/blockquote>\n

I don’t get it. I don’t see anything abnormal at all about GOC-5 yields in the 3.00%-3.50% range when inflation is at 2% (or at least is projected to be there, according to the Canada Break-Even Inflation Rate<\/a>). What I think is abnormal is fourteen years of ridiculously low yields, negative real yields, even negative NOMINAL yields, for heavens sake. Hell, it used to be that a negative yield on US Treasury Bills was breathlessly mentioned in textbooks as a gross aberation that only existed fleetingly due to special conditions in the Great Depression. And after reading this factoid, you checked it with a puzzled frown. Now, not so much.<\/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>\n0.1024 %<\/td>\n2,502.9<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1024 %<\/td>\n4,800.5<\/td>\n<\/tr>\n
Floater<\/td>\n4.97 %<\/td>\n4.98 %<\/td>\n50,100<\/td>\n15.55<\/td>\n3<\/td>\n0.1024 %<\/td>\n2,766.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5919 %<\/td>\n3,438.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.95 %<\/td>\n6.04 %<\/td>\n43,939<\/td>\n3.16<\/td>\n8<\/td>\n-0.5919 %<\/td>\n4,106.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5919 %<\/td>\n3,203.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n6.06 %<\/td>\n6.14 %<\/td>\n78,594<\/td>\n13.60<\/td>\n2<\/td>\n-0.6173 %<\/td>\n2,854.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.03 %<\/td>\n6.15 %<\/td>\n66,956<\/td>\n13.68<\/td>\n34<\/td>\n-0.4489 %<\/td>\n3,077.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.70 %<\/td>\n6.41 %<\/td>\n121,105<\/td>\n13.48<\/td>\n57<\/td>\n-0.5125 %<\/td>\n2,483.6<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.02 %<\/td>\n6.07 %<\/td>\n87,547<\/td>\n13.82<\/td>\n19<\/td>\n0.3741 %<\/td>\n2,989.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.93 %<\/td>\n6.30 %<\/td>\n50,870<\/td>\n13.48<\/td>\n2<\/td>\n-2.8702 %<\/td>\n2,581.9<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.09 %<\/td>\n5.57 %<\/td>\n135,830<\/td>\n1.97<\/td>\n9<\/td>\n0.0485 %<\/td>\n2,592.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5125 %<\/td>\n2,538.8<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.60 %<\/td>\n6.39 %<\/td>\n76,328<\/td>\n13.60<\/td>\n15<\/td>\n-1.4767 %<\/td>\n2,610.2<\/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
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-10.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.36
\nEvaluated at bid price : 18.36
\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n-8.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-7.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-4.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 13.40
\nEvaluated at bid price : 13.40
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-4.62 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.79
\nEvaluated at bid price : 18.79
\nBid-YTW : 6.93 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-4.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 14.12
\nEvaluated at bid price : 14.12
\nBid-YTW : 7.31 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-3.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 16.06
\nEvaluated at bid price : 16.06
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-3.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 7.79 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-3.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 6.85 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-2.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.53
\nEvaluated at bid price : 18.53
\nBid-YTW : 6.14 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-2.83 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 14.77
\nEvaluated at bid price : 14.77
\nBid-YTW : 6.87 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-2.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.07
\nEvaluated at bid price : 20.07
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-2.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-2.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 15.75
\nEvaluated at bid price : 15.75
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-2.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.13
\nEvaluated at bid price : 19.13
\nBid-YTW : 6.38 %<\/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: 2052-06-23
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-2.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.54
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\n-2.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 16.93
\nEvaluated at bid price : 16.93
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.07
\nEvaluated at bid price : 21.07
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.87 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 7.58 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
RY.PR.N<\/td>\nPerpetual-Discount<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.26
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.80
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 7.46 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.17
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.93
\nEvaluated at bid price : 19.93
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.85
\nEvaluated at bid price : 18.85
\nBid-YTW : 7.30 %<\/td>\n<\/tr>\n
PVS.PR.G<\/td>\nSplitShare<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.10
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 16.94
\nEvaluated at bid price : 16.94
\nBid-YTW : 7.26 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 6.94 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 13.26
\nEvaluated at bid price : 13.26
\nBid-YTW : 7.72 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.68
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
BIP.PR.B<\/td>\nFixedReset Prem<\/td>\n-1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.75
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.85
\nEvaluated at bid price : 19.85
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 23.69
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 23.00
\nEvaluated at bid price : 23.75
\nBid-YTW : 6.42 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.32
\nEvaluated at bid price : 18.32
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.60
\nEvaluated at bid price : 19.60
\nBid-YTW : 6.16 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 23.06
\nEvaluated at bid price : 23.32
\nBid-YTW : 6.01 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.97 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.80 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n2.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n2.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 6.34 %<\/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
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n810,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-07-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 3.23 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n103,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n81,575<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.71
\nEvaluated at bid price : 20.71
\nBid-YTW : 6.31 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n50,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.70
\nEvaluated at bid price : 20.70
\nBid-YTW : 6.33 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n42,951<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.30
\nEvaluated at bid price : 18.30
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n42,587<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
There were 25 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
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.75 – 22.83
\nSpot Rate : 3.0800
\nAverage : 1.7463<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n

BAM.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 20.06 – 22.54
\nSpot Rate : 2.4800
\nAverage : 1.5901<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 20.06
\nEvaluated at bid price : 20.06
\nBid-YTW : 7.07 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 16.93 – 20.05
\nSpot Rate : 3.1200
\nAverage : 2.2684<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 16.93
\nEvaluated at bid price : 16.93
\nBid-YTW : 7.37 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 18.36 – 20.44
\nSpot Rate : 2.0800
\nAverage : 1.3675<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 18.36
\nEvaluated at bid price : 18.36
\nBid-YTW : 7.10 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 17.00 – 19.50
\nSpot Rate : 2.5000
\nAverage : 1.8099<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 7.86 %<\/td>\n<\/tr>\n

RY.PR.J<\/td>\nFixedReset Disc<\/td>\nQuote: 21.50 – 23.10
\nSpot Rate : 1.6000
\nAverage : 0.9593<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-06-23
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.50
\nBid-YTW : 6.39 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

TXPR closed at 609.84, down 0.70% on the day. Volume today was 2.58-million, third-highest of the past 21 trading days. CPD closed at 12.24, down 0.08% on the day. Volume was 87,630, above the median …<\/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-43679","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43679","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=43679"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/43679\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=43679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=43679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=43679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}