{"id":46517,"date":"2024-03-08T21:38:01","date_gmt":"2024-03-09T02:38:01","guid":{"rendered":"https:\/\/prefblog.com\/?p=46517"},"modified":"2024-03-08T21:38:01","modified_gmt":"2024-03-09T02:38:01","slug":"march-8-2024","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=46517","title":{"rendered":"March 8, 2024"},"content":{"rendered":"

Jobs, jobs, jobs<\/a>!<\/p>\n

Employers added 275,000 jobs in February, the Labor Department reported Friday, in another month that exceeded expectations.<\/p>\n

It was the third straight month of gains above 200,000, and the 38th consecutive month of growth \u2014 fresh evidence that after surging back from the pandemic shutdowns, America\u2019s jobs engine still has plenty of steam.
…<\/b>
Average hourly earnings rose by 4.3 percent over the year, although the pace of increases has been fading.<\/p><\/blockquote>\n

… and in the frozen North<\/a>:<\/p>\n

Canada\u2019s labour market is getting a helping hand from population growth as the economy added 41,000 jobs in February.<\/p>\n

Statistics Canada also reported on Friday that the unemployment rate ticked up to 5.8 per cent.<\/p>\n

Job gains, which were driven by full-time employment, were spread across several industries in the services-producing sector, with the strongest growth in accommodation and food services.<\/p>\n

The February increase comes after similar stronger-than-expected job gains in January.
…<\/b>
Meanwhile, wages continue to grow rapidly in Canada. Average hourly wages were up 5 per cent from a year ago, down from a rate of 5.3 per cent in January.<\/p><\/blockquote>\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
HIMIPref™ Preferred Indices
These values reflect the December 2008 revision of the HIMIPref™ Indices<\/strong>
Values are provisional and are finalized monthly<\/td>\n<\/tr>\n
Index<\/td>\nMean
Current
Yield
(at bid)<\/td>\n		Median
YTW<\/td>\n		Median
Average
Trading
Value<\/td>\n		Median
Mod Dur
(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>\n0.4065 %<\/td>\n2,358.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.4065 %<\/td>\n4,523.7<\/td>\n<\/tr>\n
Floater<\/td>\n10.20 %<\/td>\n10.54 %<\/td>\n41,978<\/td>\n9.00<\/td>\n1<\/td>\n0.4065 %<\/td>\n2,607.0<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2964 %<\/td>\n3,403.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.95 %<\/td>\n7.19 %<\/td>\n45,712<\/td>\n1.86<\/td>\n7<\/td>\n0.2964 %<\/td>\n4,064.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2964 %<\/td>\n3,171.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0016 %<\/td>\n2,644.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n6.50 %<\/td>\n6.68 %<\/td>\n48,274<\/td>\n12.89<\/td>\n31<\/td>\n-0.0016 %<\/td>\n2,883.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.45 %<\/td>\n7.12 %<\/td>\n106,998<\/td>\n12.48<\/td>\n59<\/td>\n-0.1556 %<\/td>\n2,425.4<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n6.32 %<\/td>\n6.49 %<\/td>\n52,321<\/td>\n13.29<\/td>\n22<\/td>\n-0.0669 %<\/td>\n2,845.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n9.93 %<\/td>\n10.09 %<\/td>\n31,919<\/td>\n9.41<\/td>\n3<\/td>\n-0.0754 %<\/td>\n2,598.4<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n7.03 %<\/td>\n6.94 %<\/td>\n158,256<\/td>\n12.40<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,484.5<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1556 %<\/td>\n2,479.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.50 %<\/td>\n7.08 %<\/td>\n75,577<\/td>\n12.56<\/td>\n14<\/td>\n0.3449 %<\/td>\n2,583.6<\/td>\n<\/tr>\n<\/table>\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
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-6.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 18.99
\nEvaluated at bid price : 18.99
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 21.71
\nEvaluated at bid price : 22.16
\nBid-YTW : 7.76 %<\/td>\n<\/tr>\n
ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 21.26
\nEvaluated at bid price : 21.26
\nBid-YTW : 6.59 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 6.95 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 14.15
\nEvaluated at bid price : 14.15
\nBid-YTW : 8.29 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.42
\nEvaluated at bid price : 20.42
\nBid-YTW : 6.51 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Disc<\/td>\n1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 16.74
\nEvaluated at bid price : 16.74
\nBid-YTW : 8.62 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n3.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 18.57
\nEvaluated at bid price : 18.57
\nBid-YTW : 7.01 %<\/td>\n<\/tr>\n<\/table>\n\n\n\n\n\n\n\n\n\n\n
Volume Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nShares
Traded<\/td>\n		Notes<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n116,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 22.65
\nEvaluated at bid price : 23.75
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n90,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n51,000<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 7.94 %<\/td>\n<\/tr>\n
GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\n50,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 13.71
\nEvaluated at bid price : 13.71
\nBid-YTW : 8.01 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n34,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.07
\nEvaluated at bid price : 20.07
\nBid-YTW : 6.50 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n30,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n
There were 7 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\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
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\nQuote: 20.01 – 21.65
\nSpot Rate : 1.6400
\nAverage : 1.1706<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.01
\nEvaluated at bid price : 20.01
\nBid-YTW : 7.40 %<\/td>\n<\/tr>\n

MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 19.22 – 20.25
\nSpot Rate : 1.0300
\nAverage : 0.6437<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 19.22
\nEvaluated at bid price : 19.22
\nBid-YTW : 7.36 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 20.50 – 23.07
\nSpot Rate : 2.5700
\nAverage : 2.1971<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 6.96 %<\/td>\n<\/tr>\n

BN.PR.R<\/td>\nFixedReset Disc<\/td>\nQuote: 14.90 – 15.70
\nSpot Rate : 0.8000
\nAverage : 0.5100<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 14.90
\nEvaluated at bid price : 14.90
\nBid-YTW : 9.08 %<\/td>\n<\/tr>\n

TD.PF.J<\/td>\nFixedReset Disc<\/td>\nQuote: 22.70 – 23.58
\nSpot Rate : 0.8800
\nAverage : 0.5991<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 22.15
\nEvaluated at bid price : 22.70
\nBid-YTW : 6.74 %<\/td>\n<\/tr>\n

GWO.PR.P<\/td>\nInsurance Straight<\/td>\nQuote: 20.15 – 20.78
\nSpot Rate : 0.6300
\nAverage : 0.4244<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2054-03-08
\nMaturity Price : 20.15
\nEvaluated at bid price : 20.15
\nBid-YTW : 6.72 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Jobs, jobs, jobs! Employers added 275,000 jobs in February, the Labor Department reported Friday, in another month that exceeded expectations. It was the third straight month of gains above 200,000, and the 38th consecutive month …<\/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-46517","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46517","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=46517"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/46517\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}