{"id":44116,"date":"2022-09-08T21:21:19","date_gmt":"2022-09-09T02:21:19","guid":{"rendered":"https:\/\/prefblog.com\/?p=44116"},"modified":"2022-09-08T21:21:19","modified_gmt":"2022-09-09T02:21:19","slug":"september-8-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44116","title":{"rendered":"September 8, 2022"},"content":{"rendered":"

More tough talk from Powell<\/a>:<\/p>\n

Jerome H. Powell, the Federal Reserve chair, signaled on Thursday that the central bank will continue raising interest rates in order to convince the American public that it is serious about bringing soaring price growth back to normal levels, further cementing market expectations of another aggressive rate increase this month.<\/p>\n

\u201cThe longer inflation remains well above target, the greater the risk that the public sees higher inflation as the norm,\u201d Mr. Powell said in a moderated discussion with Peter H. Goettler, the president and chief executive of the Cato Institute in Washington. \u201cHistory cautions strongly against prematurely loosening policy.\u201d<\/p><\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1521 %<\/td>\n2,522.7<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1521 %<\/td>\n4,838.6<\/td>\n<\/tr>\n
Floater<\/td>\n7.27 %<\/td>\n7.43 %<\/td>\n56,953<\/td>\n11.89<\/td>\n2<\/td>\n-0.1521 %<\/td>\n2,788.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-6.9436 %<\/td>\n3,214.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.29 %<\/td>\n5.92 %<\/td>\n34,715<\/td>\n3.17<\/td>\n8<\/td>\n-6.9436 %<\/td>\n3,838.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-6.9436 %<\/td>\n2,995.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0270 %<\/td>\n2,807.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.07 %<\/td>\n6.24 %<\/td>\n57,754<\/td>\n13.48<\/td>\n35<\/td>\n0.0270 %<\/td>\n3,061.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n4.74 %<\/td>\n6.46 %<\/td>\n90,925<\/td>\n13.22<\/td>\n58<\/td>\n-0.1242 %<\/td>\n2,496.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.11 %<\/td>\n6.12 %<\/td>\n80,217<\/td>\n13.76<\/td>\n19<\/td>\n-0.0854 %<\/td>\n2,946.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n7.81 %<\/td>\n8.00 %<\/td>\n35,239<\/td>\n11.44<\/td>\n2<\/td>\n0.0934 %<\/td>\n2,609.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.10 %<\/td>\n4.49 %<\/td>\n115,218<\/td>\n1.79<\/td>\n6<\/td>\n0.0197 %<\/td>\n2,599.0<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1242 %<\/td>\n2,552.1<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n4.79 %<\/td>\n6.77 %<\/td>\n55,262<\/td>\n13.07<\/td>\n14<\/td>\n-0.0855 %<\/td>\n2,548.0<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
EIT.PR.A<\/td>\nSplitShare<\/td>\n-52.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 11.71
\nBid-YTW : 65.56 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 8.14 %<\/td>\n<\/tr>\n
TRP.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 14.01
\nEvaluated at bid price : 14.01
\nBid-YTW : 7.69 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 18.75
\nEvaluated at bid price : 18.75
\nBid-YTW : 7.23 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 13.85
\nEvaluated at bid price : 13.85
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n-1.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 13.95
\nEvaluated at bid price : 13.95
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 23.11
\nEvaluated at bid price : 23.55
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.25 %<\/td>\n<\/tr>\n
ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BAM.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 19.50
\nEvaluated at bid price : 19.50
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.83
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 7.85 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 7.15 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 6.36 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.21 %<\/td>\n<\/tr>\n
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\n1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 20.55
\nEvaluated at bid price : 20.55
\nBid-YTW : 6.01 %<\/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
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n53,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 23.90
\nEvaluated at bid price : 24.51
\nBid-YTW : 6.18 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n43,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.02
\nEvaluated at bid price : 21.02
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n37,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-11-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n28,600<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.82
\nEvaluated at bid price : 22.10
\nBid-YTW : 6.43 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n28,150<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.94
\nEvaluated at bid price : 22.17
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n25,200<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.35
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
There were 6 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
EIT.PR.A<\/td>\nSplitShare<\/td>\nQuote: 11.71 – 23.00
\nSpot Rate : 11.2900
\nAverage : 6.0428<\/p>\n

YTW SCENARIO
\nMaturity Type : Soft Maturity
\nMaturity Date\t: 2024-03-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 11.71
\nBid-YTW : 65.56 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.60 – 24.43
\nSpot Rate : 5.8300
\nAverage : 3.3662<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n

CM.PR.P<\/td>\nFixedReset Disc<\/td>\nQuote: 20.00 – 22.00
\nSpot Rate : 2.0000
\nAverage : 1.5679<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 6.73 %<\/td>\n<\/tr>\n

TRP.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 19.75 – 20.99
\nSpot Rate : 1.2400
\nAverage : 0.9161<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n

CCS.PR.C<\/td>\nInsurance Straight<\/td>\nQuote: 20.46 – 22.00
\nSpot Rate : 1.5400
\nAverage : 1.2811<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 20.46
\nEvaluated at bid price : 20.46
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

ELF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.60 – 22.50
\nSpot Rate : 0.9000
\nAverage : 0.6413<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-09-08
\nMaturity Price : 21.33
\nEvaluated at bid price : 21.60
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

More tough talk from Powell: Jerome H. Powell, the Federal Reserve chair, signaled on Thursday that the central bank will continue raising interest rates in order to convince the American public that it is serious …<\/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-44116","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44116","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=44116"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44116\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44116"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44116"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44116"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}