{"id":46005,"date":"2023-11-09T19:45:47","date_gmt":"2023-11-10T00:45:47","guid":{"rendered":"https:\/\/prefblog.com\/?p=46005"},"modified":"2023-11-09T19:45:47","modified_gmt":"2023-11-10T00:45:47","slug":"november-9-2023","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46005","title":{"rendered":"November 9, 2023"},"content":{"rendered":"

Bonds were front and centre today<\/a>:<\/p>\n

U.S. stocks closed lower on Thursday, snapping the longest winning streaks for the Nasdaq and S&P 500 in two years, as Treasury yields climbed after a disappointing auction of 30-year bonds and comments from Federal Reserve Chair Jerome Powell. But as it has every day this week, the Canadian stock market diverged in performance, with the S&P\/TSX Composite Index ending with gains as commodity prices rebounded and investors cheered upbeat corporate earnings.<\/p>\n

Powell said central bank officials \u201care not confident\u201d interest rates are high enough to tame inflation, and may not get much more help from improvements in the supply of goods, services and labour.<\/p>\n

U.S. stocks had moved slightly lower prior to Powell\u2019s comments as yields climbed after a weak auction of US$24 billion in 30-year Treasuries with demand for the debt at 2.24 times the bonds on sale.<\/p>\n

The benchmark 10-year Treasury note yield by late afternoon was up 12.8 basis points at 4.636%. The Canadian 10-year government bond yield, which takes much of its direction from its U.S. counterpart, was up an even steeper 18 basis points, to 3.890%. While a large one-day move, the yield is still below a 16-year high of 4.292% reached in early October.<\/p><\/blockquote>\n

… and Powell was talking tough<\/a>:<\/p>\n

U.S. Federal Reserve officials \u201care not confident\u201d that interest rates are yet high enough to finish the battle with inflation, and may be nearing the end of how much help they can expect in lowering price pressures from improvements in the supply of goods, services and labour, Fed Chair Jerome Powell said on Thursday.<\/p>\n

In comments more significant in flagging some of the Fed chair\u2019s emerging views about structural economic changes following the pandemic, Powell said the Fed \u201cis committed to achieving a stance of monetary policy that is sufficiently restrictive to bring inflation down to 2 per cent over time; We are not confident that we have achieved such a stance.\u201d<\/p>\n

\u201cIf it becomes appropriate to tighten policy further, we will not hesitate to do so,\u201d Powell said in remarks prepared for delivery to an International Monetary Fund research conference, while adding that further policy moves would be conducted \u201ccarefully \u2026 allowing us to address both the risk of being misled by a few good months of data, and the risk of overtightening. We are making decisions meeting by meeting.\u201d<\/p>\n

The fight to restore price stability \u201chas a long way to go,\u201d the Fed chair said.<\/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>\n0.0472 %<\/td>\n2,047.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0472 %<\/td>\n3,927.1<\/td>\n<\/tr>\n
Floater<\/td>\n11.89 %<\/td>\n12.22 %<\/td>\n54,598<\/td>\n7.96<\/td>\n2<\/td>\n0.0472 %<\/td>\n2,263.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5073 %<\/td>\n3,328.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n5.05 %<\/td>\n8.27 %<\/td>\n40,742<\/td>\n1.84<\/td>\n8<\/td>\n0.5073 %<\/td>\n3,975.3<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5073 %<\/td>\n3,101.7<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4292 %<\/td>\n2,458.0<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.95 %<\/td>\n7.12 %<\/td>\n48,947<\/td>\n12.41<\/td>\n33<\/td>\n-0.4292 %<\/td>\n2,680.3<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n6.05 %<\/td>\n8.64 %<\/td>\n118,694<\/td>\n11.04<\/td>\n55<\/td>\n-0.4086 %<\/td>\n2,111.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.82 %<\/td>\n7.01 %<\/td>\n63,085<\/td>\n12.49<\/td>\n19<\/td>\n-0.9528 %<\/td>\n2,643.4<\/td>\n<\/tr>\n
FloatingReset<\/td>\n11.12 %<\/td>\n11.42 %<\/td>\n32,344<\/td>\n8.46<\/td>\n1<\/td>\n0.6849 %<\/td>\n2,364.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4086 %<\/td>\n2,387.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.4086 %<\/td>\n2,158.7<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n6.11 %<\/td>\n8.35 %<\/td>\n83,415<\/td>\n11.30<\/td>\n14<\/td>\n-0.8148 %<\/td>\n2,326.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-7.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.08
\nEvaluated at bid price : 16.08
\nBid-YTW : 9.39 %<\/td>\n<\/tr>\n
IFC.PR.F<\/td>\nInsurance Straight<\/td>\n-5.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 18.50
\nEvaluated at bid price : 18.50
\nBid-YTW : 7.29 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n-3.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.39
\nEvaluated at bid price : 17.39
\nBid-YTW : 9.88 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-2.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 8.45 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Disc<\/td>\n-2.40 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.06
\nEvaluated at bid price : 17.06
\nBid-YTW : 10.50 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-2.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 13.15
\nEvaluated at bid price : 13.15
\nBid-YTW : 9.36 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Disc<\/td>\n-2.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 19.11
\nEvaluated at bid price : 19.11
\nBid-YTW : 9.04 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 15.50
\nEvaluated at bid price : 15.50
\nBid-YTW : 7.81 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 12.35
\nEvaluated at bid price : 12.35
\nBid-YTW : 9.92 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 12.14
\nEvaluated at bid price : 12.14
\nBid-YTW : 9.46 %<\/td>\n<\/tr>\n
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.53
\nEvaluated at bid price : 16.53
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n
BN.PF.H<\/td>\nFixedReset Disc<\/td>\n-1.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 18.90
\nEvaluated at bid price : 18.90
\nBid-YTW : 10.04 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 15.95
\nEvaluated at bid price : 15.95
\nBid-YTW : 7.13 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.78
\nEvaluated at bid price : 17.78
\nBid-YTW : 8.54 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-1.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.19
\nEvaluated at bid price : 17.19
\nBid-YTW : 9.14 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.41
\nEvaluated at bid price : 17.41
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.61
\nEvaluated at bid price : 17.61
\nBid-YTW : 8.61 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 6.80 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 19.30
\nEvaluated at bid price : 19.30
\nBid-YTW : 7.12 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.90
\nEvaluated at bid price : 16.90
\nBid-YTW : 8.88 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 19.73
\nEvaluated at bid price : 19.73
\nBid-YTW : 7.20 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.18 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 12.55
\nEvaluated at bid price : 12.55
\nBid-YTW : 11.08 %<\/td>\n<\/tr>\n
IFC.PR.K<\/td>\nPerpetual-Discount<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 19.20
\nEvaluated at bid price : 19.20
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
FTS.PR.J<\/td>\nPerpetual-Discount<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.67 %<\/td>\n<\/tr>\n
PVS.PR.J<\/td>\nSplitShare<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2028-02-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.42
\nBid-YTW : 8.72 %<\/td>\n<\/tr>\n
GWO.PR.S<\/td>\nInsurance Straight<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 18.77
\nEvaluated at bid price : 18.77
\nBid-YTW : 7.12 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.80
\nEvaluated at bid price : 16.80
\nBid-YTW : 8.13 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 20.30
\nEvaluated at bid price : 20.30
\nBid-YTW : 8.21 %<\/td>\n<\/tr>\n
PVS.PR.G<\/td>\nSplitShare<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Option Certainty
\nMaturity Date\t: 2026-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.75
\nBid-YTW : 7.76 %<\/td>\n<\/tr>\n
BIK.PR.A<\/td>\nFixedReset Disc<\/td>\n1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 9.31 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 9.79 %<\/td>\n<\/tr>\n
PVS.PR.H<\/td>\nSplitShare<\/td>\n1.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2027-02-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.70
\nBid-YTW : 8.27 %<\/td>\n<\/tr>\n
PVS.PR.K<\/td>\nSplitShare<\/td>\n1.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2029-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 8.33 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n4.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 20.16
\nEvaluated at bid price : 20.16
\nBid-YTW : 7.04 %<\/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
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n98,863<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.85
\nEvaluated at bid price : 17.85
\nBid-YTW : 8.80 %<\/td>\n<\/tr>\n
TD.PF.I<\/td>\nFixedReset Disc<\/td>\n74,999<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 22.40
\nEvaluated at bid price : 23.10
\nBid-YTW : 7.34 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n45,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.94
\nEvaluated at bid price : 17.94
\nBid-YTW : 8.46 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n25,645<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.45
\nEvaluated at bid price : 17.45
\nBid-YTW : 8.64 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Disc<\/td>\n24,053<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.39
\nEvaluated at bid price : 17.39
\nBid-YTW : 9.88 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n23,235<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 21.61
\nEvaluated at bid price : 21.97
\nBid-YTW : 7.25 %<\/td>\n<\/tr>\n
There were 16 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.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.74 – 25.00
\nSpot Rate : 4.2600
\nAverage : 2.3637<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 20.74
\nEvaluated at bid price : 20.74
\nBid-YTW : 7.73 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.75 – 18.75
\nSpot Rate : 2.0000
\nAverage : 1.1423<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.75
\nEvaluated at bid price : 16.75
\nBid-YTW : 8.89 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset Disc<\/td>\nQuote: 17.19 – 18.75
\nSpot Rate : 1.5600
\nAverage : 0.9281<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.19
\nEvaluated at bid price : 17.19
\nBid-YTW : 9.14 %<\/td>\n<\/tr>\n

TD.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 17.57 – 19.00
\nSpot Rate : 1.4300
\nAverage : 0.8874<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 17.57
\nEvaluated at bid price : 17.57
\nBid-YTW : 8.96 %<\/td>\n<\/tr>\n

CU.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 16.61 – 18.28
\nSpot Rate : 1.6700
\nAverage : 1.2160<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.61
\nEvaluated at bid price : 16.61
\nBid-YTW : 6.80 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 16.08 – 17.68
\nSpot Rate : 1.6000
\nAverage : 1.1847<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2053-11-09
\nMaturity Price : 16.08
\nEvaluated at bid price : 16.08
\nBid-YTW : 9.39 %<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Bonds were front and centre today: U.S. stocks closed lower on Thursday, snapping the longest winning streaks for the Nasdaq and S&P 500 in two years, as Treasury yields climbed after a disappointing auction of …<\/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-46005","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46005","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=46005"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46005\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}