{"id":44034,"date":"2022-08-16T21:33:48","date_gmt":"2022-08-17T02:33:48","guid":{"rendered":"https:\/\/prefblog.com\/?p=44034"},"modified":"2022-08-16T21:33:48","modified_gmt":"2022-08-17T02:33:48","slug":"august-16-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44034","title":{"rendered":"August 16, 2022"},"content":{"rendered":"<p>Canadian inflation <a href=\"https:\/\/www.theglobeandmail.com\/business\/economy\/article-canadas-inflation-slows-to-76-in-july\/\">came in as expected<\/a>:<\/p>\n<blockquote><p>Canada\u2019s annual inflation rate slowed to 7.6% in July, a two month low but still far above the Bank of Canada\u2019s 2% target, as gasoline prices eased even though food prices rose at a 40-year high, Statistics Canada data showed on Tuesday.<\/p>\n<p>The headline number matched analyst forecasts and was down from 8.1% in June. On a month-over-month basis, the index rose 0.1%, again matching forecasts.<\/p>\n<p>CPI common, which the central bank says is the best gauge of the economy\u2019s performance, was at 5.5%, while June\u2019s CPI common was revised sharply up to 5.3%. CPI median edged up to 5.0% in July, while CPI trim eased slightly to 5.4%.<\/p>\n<p>Gasoline prices rose 35.6% in July on an annual basis, slowing from a 54.6% increase in June. Gas prices fell 9.2% in July from June, the largest monthly decline since April 2020.<\/p>\n<p>Grocery prices increased by 9.9% in July, the largest gain since August 1981 and up from 9.4% in June, as the cost of everyday staples such as baked goods and eggs accelerated.<\/p><\/blockquote>\n<p>&#8230; but <a href=\"https:\/\/www.theglobeandmail.com\/investing\/markets\/inside-the-market\/market-news\/article-canadian-dollar-gains-as-hot-core-inflation-stokes-rate-hike-bets\/\">the market reacted anyway<\/a>:<\/p>\n<blockquote><p>The Canadian dollar strengthened against its U.S. counterpart on Tuesday as investors raised bets on another oversized interest rate hike by the Bank of Canada next month after domestic data showed rising underlying inflation pressures.<br \/>\n<b>&#8230;.<\/b><br \/>\nMoney markets were pricing in 59 basis points of tightening by the central bank at its next policy announcement on Sept. 7, up from 53 basis points before the data. In July, the BoC hiked by a full percentage point.<\/p>\n<p>The Canadian dollar was trading 0.5% higher at 1.2840 to the greenback, or 77.60 U.S. cents, clawing back some of the previous day\u2019s sharp decline that came as the U.S. dollar broadly rallied. It traded in a range of 1.2832 to 1.2928.<br \/>\n<b>&#8230;<\/b><br \/>\nCanadian government bond yields jumped across a flatter curve.<\/p>\n<p>The 2-year touched its highest since July 14 at 3.372% before dipping to 3.336%, up 12.7 basis points on the day, while the 10-year was up 8 basis points at 2.775%.<\/p><\/blockquote>\n<p><a href=\"https:\/\/nationalpost.com\/opinion\/tiff-macklem-were-determined-to-eliminate-high-inflation-and-return-to-our-2-target\">Tiff Macklem wrote in the Financial Post<\/a>:<\/p>\n<blockquote><p>The best way to protect people from high inflation is to eliminate it. That\u2019s our job, and we are determined to do it. Tuesday\u2019s inflation number offers a bit of relief, but unfortunately, it will take some time before inflation is back to normal. We know our job is not done yet \u2014 it won\u2019t be done until inflation gets back to the two per cent target.<\/p><\/blockquote>\n<table border=\"1\">\n<tbody>\n<tr>\n<td colspan=\"8\"><strong>HIMIPref\u2122 Preferred Indices<br \/>\nThese values reflect the December 2008 revision of the HIMIPref\u2122 Indices<\/strong><br \/>\nValues are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>\nCurrent<br \/>\nYield<br \/>\n(at bid)<\/td>\n<td>Median<br \/>\nYTW<\/td>\n<td>Median<br \/>\nAverage<br \/>\nTrading<br \/>\nValue<\/td>\n<td>Median<br \/>\nMod Dur<br \/>\n(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>0.1157 %<\/td>\n<td>2,494.9<\/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>0.1157 %<\/td>\n<td>4,785.1<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>6.34 %<\/td>\n<td>6.43 %<\/td>\n<td>56,124<\/td>\n<td>13.22<\/td>\n<td>2<\/td>\n<td>0.1157 %<\/td>\n<td>2,757.7<\/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>-0.0744 %<\/td>\n<td>3,480.4<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.89 %<\/td>\n<td>5.67 %<\/td>\n<td>41,129<\/td>\n<td>3.06<\/td>\n<td>8<\/td>\n<td>-0.0744 %<\/td>\n<td>4,156.3<\/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>-0.0744 %<\/td>\n<td>3,242.9<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/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>0.0817 %<\/td>\n<td>2,882.8<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.91 %<\/td>\n<td>6.06 %<\/td>\n<td>73,604<\/td>\n<td>13.80<\/td>\n<td>35<\/td>\n<td>0.0817 %<\/td>\n<td>3,143.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>4.69 %<\/td>\n<td>5.90 %<\/td>\n<td>107,080<\/td>\n<td>13.86<\/td>\n<td>59<\/td>\n<td>0.3386 %<\/td>\n<td>2,524.2<\/td>\n<\/tr>\n<tr>\n<td>Insurance Straight<\/td>\n<td>5.84 %<\/td>\n<td>5.99 %<\/td>\n<td>85,687<\/td>\n<td>13.84<\/td>\n<td>19<\/td>\n<td>0.0248 %<\/td>\n<td>3,080.6<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>6.99 %<\/td>\n<td>7.22 %<\/td>\n<td>40,571<\/td>\n<td>12.19<\/td>\n<td>2<\/td>\n<td>0.0312 %<\/td>\n<td>2,603.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>5.06 %<\/td>\n<td>4.24 %<\/td>\n<td>116,880<\/td>\n<td>1.85<\/td>\n<td>6<\/td>\n<td>0.3465 %<\/td>\n<td>2,618.5<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/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>0.3386 %<\/td>\n<td>2,580.2<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>4.61 %<\/td>\n<td>6.01 %<\/td>\n<td>54,578<\/td>\n<td>13.85<\/td>\n<td>14<\/td>\n<td>0.1293 %<\/td>\n<td>2,643.4<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>-10.81 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.80<br \/>\nEvaluated at bid price : 19.80<br \/>\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.48 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 22.60<br \/>\nEvaluated at bid price : 23.21<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.T<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.33 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.00<br \/>\nEvaluated at bid price : 21.00<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-2.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 17.34<br \/>\nEvaluated at bid price : 17.34<br \/>\nBid-YTW : 6.61 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.83 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.80<br \/>\nEvaluated at bid price : 19.80<br \/>\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.82 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 13.51<br \/>\nEvaluated at bid price : 13.51<br \/>\nBid-YTW : 7.23 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.G<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.72 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.46<br \/>\nEvaluated at bid price : 19.46<br \/>\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.Y<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.68 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.34<br \/>\nEvaluated at bid price : 19.34<br \/>\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.O<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.51<br \/>\nEvaluated at bid price : 21.51<br \/>\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.Z<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.11 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.36<br \/>\nEvaluated at bid price : 21.36<br \/>\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n<tr>\n<td>PVS.PR.K<\/td>\n<td>SplitShare<\/td>\n<td>-1.08 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2029-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.00<br \/>\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.I<\/td>\n<td>Insurance Straight<\/td>\n<td>-1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.43<br \/>\nEvaluated at bid price : 19.43<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.I<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 22.88<br \/>\nEvaluated at bid price : 24.25<br \/>\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.J<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.04 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.99<br \/>\nEvaluated at bid price : 22.30<br \/>\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 14.35<br \/>\nEvaluated at bid price : 14.35<br \/>\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 23.76<br \/>\nEvaluated at bid price : 24.15<br \/>\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.W<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.34<br \/>\nEvaluated at bid price : 21.65<br \/>\nBid-YTW : 5.73 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.36 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 14.20<br \/>\nEvaluated at bid price : 14.20<br \/>\nBid-YTW : 6.99 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.40 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 18.15<br \/>\nEvaluated at bid price : 18.15<br \/>\nBid-YTW : 6.55 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.54<br \/>\nEvaluated at bid price : 21.80<br \/>\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.Q<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.58 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 22.55<br \/>\nEvaluated at bid price : 23.12<br \/>\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>1.83 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 17.82<br \/>\nEvaluated at bid price : 17.82<br \/>\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.L<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.84 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.35<br \/>\nEvaluated at bid price : 19.35<br \/>\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.R<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 16.65<br \/>\nEvaluated at bid price : 16.65<br \/>\nBid-YTW : 7.16 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>2.53 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 20.30<br \/>\nEvaluated at bid price : 20.30<br \/>\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.J<\/td>\n<td>Perpetual-Discount<\/td>\n<td>3.00 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 20.60<br \/>\nEvaluated at bid price : 20.60<br \/>\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>3.10 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 15.98<br \/>\nEvaluated at bid price : 15.98<br \/>\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.Z<\/td>\n<td>FixedReset Disc<\/td>\n<td>3.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 22.08<br \/>\nEvaluated at bid price : 22.70<br \/>\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>4.73 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 17.50<br \/>\nEvaluated at bid price : 17.50<br \/>\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n<tr>\n<td>NA.PR.S<\/td>\n<td>FixedReset Disc<\/td>\n<td>5.52 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.71<br \/>\nEvaluated at bid price : 22.16<br \/>\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.Y<\/td>\n<td>FixedReset Disc<\/td>\n<td>5.92 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 22.01<br \/>\nEvaluated at bid price : 22.35<br \/>\nBid-YTW : 5.77 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>10.18 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.70<br \/>\nEvaluated at bid price : 19.70<br \/>\nBid-YTW : 6.75 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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 \/>\nTraded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>111,758<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.52<br \/>\nEvaluated at bid price : 21.52<br \/>\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.M<\/td>\n<td>FixedReset Prem<\/td>\n<td>52,190<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2024-07-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.40<br \/>\nBid-YTW : 4.38 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.H<\/td>\n<td>Insurance Straight<\/td>\n<td>45,873<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 20.35<br \/>\nEvaluated at bid price : 20.35<br \/>\nBid-YTW : 6.06 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.K<\/td>\n<td>Floater<\/td>\n<td>37,078<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 12.97<br \/>\nEvaluated at bid price : 12.97<br \/>\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Insurance Straight<\/td>\n<td>35,002<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.54<br \/>\nEvaluated at bid price : 21.80<br \/>\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>34,060<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 17.82<br \/>\nEvaluated at bid price : 17.82<br \/>\nBid-YTW : 7.27 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 31 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table border=\"1\">\n<tbody>\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>BAM.PR.N<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 20.00 &#8211; 23.00<br \/>\nSpot Rate  :  3.0000<br \/>\nAverage  :  1.8162<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 20.00<br \/>\nEvaluated at bid price : 20.00<br \/>\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 19.80 &#8211; 22.35<br \/>\nSpot Rate  :  2.5500<br \/>\nAverage  :  1.4708<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.80<br \/>\nEvaluated at bid price : 19.80<br \/>\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.M<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 19.80 &#8211; 21.69<br \/>\nSpot Rate  :  1.8900<br \/>\nAverage  :  1.1627<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 19.80<br \/>\nEvaluated at bid price : 19.80<br \/>\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 18.46 &#8211; 19.81<br \/>\nSpot Rate  :  1.3500<br \/>\nAverage  :  0.8111<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 18.46<br \/>\nEvaluated at bid price : 18.46<br \/>\nBid-YTW : 7.23 %<\/td>\n<\/tr>\n<tr>\n<td>MIC.PR.A<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 21.60 &#8211; 23.15<br \/>\nSpot Rate  :  1.5500<br \/>\nAverage  :  1.1232<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 21.30<br \/>\nEvaluated at bid price : 21.60<br \/>\nBid-YTW : 6.34 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 12.85 &#8211; 14.15<br \/>\nSpot Rate  :  1.3000<br \/>\nAverage  :  0.8987<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2052-08-16<br \/>\nMaturity Price  : 12.85<br \/>\nEvaluated at bid price : 12.85<br \/>\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Canadian inflation came in as expected: Canada\u2019s annual inflation rate slowed to 7.6% in July, a two month low but still far above the Bank of Canada\u2019s 2% target, as gasoline prices eased even though &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-44034","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44034","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=44034"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44034\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44034"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44034"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44034"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}