{"id":44286,"date":"2022-10-20T20:02:35","date_gmt":"2022-10-21T01:02:35","guid":{"rendered":"https:\/\/prefblog.com\/?p=44286"},"modified":"2022-10-20T20:02:35","modified_gmt":"2022-10-21T01:02:35","slug":"october-20-2022","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=44286","title":{"rendered":"October 20, 2022"},"content":{"rendered":"

The five-year Canada yield popped up today to 3.88%%<\/a>. This has been attributed<\/a>, as ususal, to fear of the Fed:<\/p>\n

North American stocks ended the session lower and benchmark Treasury yields continued their ascent on Thursday after investors weighed generally upbeat earnings against the prospect that the Federal Reserve could hold firm on its aggressive policy for longer than they had hoped.<\/p>\n

Canada\u2019s TSX and all three major U.S. stock indexes reversed an earlier rally, turning red after remarks from Philadelphia Federal Reserve President Patrick Harker suggested the central bank will \u201ckeep raising rates for a while.\u201d Harker\u2019s comments also helped support the 10-year Treasury yield\u2019s climb past 14-year highs.
\n…<\/b>
\nFinancial markets have now fully priced in yet another 75 basis point interest rate hike from the Federal Reserve when it meets next month, according to CME\u2019s FedWatch tool.<\/p>\n

A spate of mixed quarterly corporate results and economic indicators provided some evidence of economic slowdown, but a dip in jobless claims showed the Fed\u2019s aggressive campaign of interest rate hikes has so far had minimal effect on the tight U.S. labor market.
\n…<\/b>
\nBenchmark Treasury yields resumed their rise after economic data appeared to confirm the Fed is unlikely to relent in its aggressive campaign to rein in inflation.<\/p>\n

Benchmark 10-year notes last fell 25\/32 in price to yield 4.2346%, from 4.129% late on Wednesday.<\/p>\n

The 30-year bond fell 49\/32 in price to yield 4.231%, from 4.127% late on Wednesday.<\/p><\/blockquote>\n

Oh, and what’s ‘er name resigned as UK PM<\/a>:<\/p>\n

Then-chancellor of the exchequer Kwasi Kwarteng, who shared Ms. Truss\u2019s economic outlook, unveiled a mini-budget on Sept. 23 that included sweeping tax cuts but no detailed plan spelling out how the measures would be financed. That spooked investors and drove the British pound to a record low against the U.S. dollar. It also pummelled prices for government bonds, which in turn drove up the cost of mortgages.<\/p>\n

Ms. Truss faced a chorus of criticism and began backtracking. First she scrapped plans to cut the top income tax rate to 40 per cent from 45 per cent. Then, she fired Mr. Kwarteng and replaced him with Jeremy Hunt, who started dismantling almost all the tax cuts in the mini-budget.<\/p>\n

With her economic plan in disarray and almost all of her campaign promises broken, Ms. Truss vowed to fight on, but her efforts to address her many U-turns fell flat. Public opinion polls put the Conservatives 30 points behind the Labour Party, and one survey found that just 10 per cent of voters approved of Ms. Truss\u2019s performance in office.<\/p><\/blockquote>\n

You can only get away with wingnut-scale tax cuts if you’re the richest country on Earth. And there’s only one of those … and cracks in the edifice are slowly spreading …<\/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>\n0.1214 %<\/td>\n2,378.6<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1214 %<\/td>\n4,562.1<\/td>\n<\/tr>\n
Floater<\/td>\n7.71 %<\/td>\n7.74 %<\/td>\n49,767<\/td>\n11.66<\/td>\n2<\/td>\n0.1214 %<\/td>\n2,629.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5297 %<\/td>\n3,347.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.02 %<\/td>\n6.83 %<\/td>\n38,651<\/td>\n3.04<\/td>\n7<\/td>\n-0.5297 %<\/td>\n3,998.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.5297 %<\/td>\n3,119.5<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3009 %<\/td>\n2,606.3<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.53 %<\/td>\n6.63 %<\/td>\n68,919<\/td>\n13.04<\/td>\n33<\/td>\n-0.3009 %<\/td>\n2,842.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.28 %<\/td>\n7.55 %<\/td>\n88,843<\/td>\n12.22<\/td>\n63<\/td>\n0.4491 %<\/td>\n2,264.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.56 %<\/td>\n6.66 %<\/td>\n79,153<\/td>\n12.96<\/td>\n19<\/td>\n-0.4187 %<\/td>\n2,740.8<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.09 %<\/td>\n9.44 %<\/td>\n39,956<\/td>\n9.99<\/td>\n2<\/td>\n0.1954 %<\/td>\n2,496.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4491 %<\/td>\n2,396.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4491 %<\/td>\n2,314.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.46 %<\/td>\n7.94 %<\/td>\n50,752<\/td>\n11.64<\/td>\n14<\/td>\n0.5340 %<\/td>\n2,299.9<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-5.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.82
\nEvaluated at bid price : 18.82
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.45 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-2.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 6.64 %<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.13
\nEvaluated at bid price : 18.13
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.33
\nEvaluated at bid price : 19.33
\nBid-YTW : 7.65 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.26
\nEvaluated at bid price : 17.26
\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.08
\nEvaluated at bid price : 21.08
\nBid-YTW : 7.18 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.14
\nEvaluated at bid price : 17.14
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 12.25
\nEvaluated at bid price : 12.25
\nBid-YTW : 7.90 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.56 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 6.66 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.21
\nEvaluated at bid price : 17.21
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.76
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 14.70
\nEvaluated at bid price : 14.70
\nBid-YTW : 8.64 %<\/td>\n<\/tr>\n
RY.PR.O<\/td>\nPerpetual-Discount<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.82
\nEvaluated at bid price : 19.82
\nBid-YTW : 6.30 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.50
\nEvaluated at bid price : 21.85
\nBid-YTW : 7.28 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.27
\nEvaluated at bid price : 17.27
\nBid-YTW : 9.05 %<\/td>\n<\/tr>\n
GWO.PR.T<\/td>\nInsurance Straight<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.65
\nEvaluated at bid price : 19.65
\nBid-YTW : 6.63 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.65
\nBid-YTW : 7.17 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.09
\nBid-YTW : 6.41 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.09
\nEvaluated at bid price : 19.09
\nBid-YTW : 7.47 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.84
\nEvaluated at bid price : 22.29
\nBid-YTW : 7.22 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset Ins Non<\/td>\n1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.35
\nEvaluated at bid price : 18.35
\nBid-YTW : 8.05 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 12.50
\nEvaluated at bid price : 12.50
\nBid-YTW : 7.74 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n1.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BAM.PR.R<\/td>\nFixedReset Disc<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 14.46
\nEvaluated at bid price : 14.46
\nBid-YTW : 9.12 %<\/td>\n<\/tr>\n
BMO.PR.F<\/td>\nFixedReset Disc<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 23.51
\nEvaluated at bid price : 23.91
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 8.48 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n2.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.86
\nEvaluated at bid price : 18.86
\nBid-YTW : 7.59 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n2.26 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 16.77
\nEvaluated at bid price : 16.77
\nBid-YTW : 9.86 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.44
\nEvaluated at bid price : 21.75
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n2.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.73
\nEvaluated at bid price : 18.73
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n
CCS.PR.C<\/td>\nInsurance Straight<\/td>\n3.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.75
\nEvaluated at bid price : 17.75
\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n
BAM.PF.I<\/td>\nFixedReset Disc<\/td>\n4.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.78
\nEvaluated at bid price : 22.17
\nBid-YTW : 7.80 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n5.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 7.66 %<\/td>\n<\/tr>\n
BAM.PF.E<\/td>\nFixedReset Disc<\/td>\n8.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 15.91
\nEvaluated at bid price : 15.91
\nBid-YTW : 9.04 %<\/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
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n40,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 11.11
\nEvaluated at bid price : 11.11
\nBid-YTW : 9.68 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n36,652<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 20.31
\nEvaluated at bid price : 20.31
\nBid-YTW : 7.94 %<\/td>\n<\/tr>\n
BAM.PF.D<\/td>\nPerpetual-Discount<\/td>\n32,817<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.18
\nEvaluated at bid price : 19.18
\nBid-YTW : 6.46 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n23,491<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n22,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 7.91 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n21,002<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 15.52
\nEvaluated at bid price : 15.52
\nBid-YTW : 9.21 %<\/td>\n<\/tr>\n
There were 13 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
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.00 – 22.00
\nSpot Rate : 5.0000
\nAverage : 2.7113<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 8.48 %<\/td>\n<\/tr>\n

PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\nQuote: 18.82 – 20.35
\nSpot Rate : 1.5300
\nAverage : 0.9851<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 18.82
\nEvaluated at bid price : 18.82
\nBid-YTW : 6.88 %<\/td>\n<\/tr>\n

TRP.PR.F<\/td>\nFloatingReset<\/td>\nQuote: 15.76 – 16.80
\nSpot Rate : 1.0400
\nAverage : 0.6494<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 15.76
\nEvaluated at bid price : 15.76
\nBid-YTW : 9.44 %<\/td>\n<\/tr>\n

PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.95 – 20.90
\nSpot Rate : 0.9500
\nAverage : 0.5669<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 19.95
\nEvaluated at bid price : 19.95
\nBid-YTW : 6.62 %<\/td>\n<\/tr>\n

BAM.PR.T<\/td>\nFixedReset Disc<\/td>\nQuote: 15.20 – 16.00
\nSpot Rate : 0.8000
\nAverage : 0.4947<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 15.20
\nEvaluated at bid price : 15.20
\nBid-YTW : 8.77 %<\/td>\n<\/tr>\n

GWO.PR.Y<\/td>\nInsurance Straight<\/td>\nQuote: 17.50 – 18.80
\nSpot Rate : 1.3000
\nAverage : 1.0394<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2052-10-20
\nMaturity Price : 17.50
\nEvaluated at bid price : 17.50
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The five-year Canada yield popped up today to 3.88%%. This has been attributed, as ususal, to fear of the Fed: North American stocks ended the session lower and benchmark Treasury yields continued their ascent on …<\/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-44286","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44286","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=44286"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/44286\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44286"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44286"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44286"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}