{"id":49393,"date":"2018-05-29T11:01:00","date_gmt":"2018-05-29T15:01:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49393"},"modified":"2025-08-15T11:03:17","modified_gmt":"2025-08-15T15:03:17","slug":"may-29-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49393","title":{"rendered":"May 29, 2018"},"content":{"rendered":"

It used to be that bond yields were headed straight up. Not any more<\/a>:<\/p>\n

\n

U.S. benchmark 10-year Treasury yields posted their largest one-day drop on Tuesday since Britain voted to exit the European Union nearly two years ago, as a political crisis in Italy, the third-largest euro zone economy, fueled a flight to safe-haven assets.<\/p>\n

The steep rally in Treasury prices on Tuesday could be a blip in what has been a relentless sell-off since early September. Interest rates have been supported by the Federal Reserve’s tightening policy with 10-year Treasury yields rising to a high of 3.12 percent earlier this month.
…<\/b>
In afternoon trading, U.S. 10-year yields dropped to seven-week lows of 2.759 percent and were last at 2.788 percent. Yields fell 14.6 basis points, the largest decline since June 24, 2016.<\/p>\n

U.S. 10-year Treasury futures were on track to record their highest single-day volume ever, according to a CME Group spokeswoman said. As of late Tuesday, a combined 8.58 million 10-year T-note futures changed hands with roughly 5.31 million contracts for June delivery transacted TYM8, according to CME data.<\/p>\n<\/blockquote>\n

The vital-for-FixedResets-and-mortgages Canada 5-year rate dropped to 2.03%<\/a> … there will be some who will think that’s a typo given recent history<\/a>:<\/p>\n

\"goc5_180529\"<\/a>
Click for Big<\/i><\/div>\n

And so, of course, preferreds got whacked, with TXPR down 62bp on the day<\/a>.<\/p>\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>\n1.2399 %<\/td>\n3,010.4<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.2399 %<\/td>\n5,524.0<\/td>\n<\/tr>\n
Floater<\/td>\n3.32 %<\/td>\n3.56 %<\/td>\n73,839<\/td>\n18.33<\/td>\n4<\/td>\n1.2399 %<\/td>\n3,183.5<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2381 %<\/td>\n3,191.8<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.60 %<\/td>\n4.39 %<\/td>\n80,558<\/td>\n5.05<\/td>\n5<\/td>\n0.2381 %<\/td>\n3,811.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2381 %<\/td>\n2,974.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.62 %<\/td>\n-7.74 %<\/td>\n65,355<\/td>\n0.09<\/td>\n10<\/td>\n-0.0236 %<\/td>\n2,873.6<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.42 %<\/td>\n5.50 %<\/td>\n64,434<\/td>\n14.62<\/td>\n24<\/td>\n0.0000 %<\/td>\n2,942.4<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.32 %<\/td>\n4.74 %<\/td>\n155,503<\/td>\n5.72<\/td>\n104<\/td>\n-0.7091 %<\/td>\n2,522.2<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.15 %<\/td>\n5.69 %<\/td>\n75,278<\/td>\n5.54<\/td>\n27<\/td>\n0.2380 %<\/td>\n2,946.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.23 %<\/td>\n3.97 %<\/td>\n34,833<\/td>\n3.49<\/td>\n8<\/td>\n-0.9102 %<\/td>\n2,772.6<\/td>\n<\/tr>\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\n
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset<\/td>\n-5.38 %<\/td>\nA nonsensical quote from Nonsense Central, as this issue traded a whopping 2,670 shares in a range of 17.45-67 (closing at the low) before being quoted at 16.70-17.62. <\/p>\n

I have not checked whether this lamentable state of affairs is due to inadequate Toronto Stock Exchange reporting<\/a> or inadequate Toronto Stock Exchange supervision of market-makers<\/a>.<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\n-3.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 16.55
\nEvaluated at bid price : 16.55
\nBid-YTW : 3.97 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset<\/td>\n-3.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n-2.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.20
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset<\/td>\n-2.55 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n-2.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.52
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset<\/td>\n-1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.60
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.33
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.06
\nBid-YTW : 7.74 %<\/td>\n<\/tr>\n
BNS.PR.D<\/td>\nFloatingReset<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2022-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.51
\nBid-YTW : 4.15 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.30
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.79
\nEvaluated at bid price : 23.34
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset<\/td>\n-1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.81
\nEvaluated at bid price : 23.36
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.21
\nBid-YTW : 7.09 %<\/td>\n<\/tr>\n
IAG.PR.G<\/td>\nFixedReset<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.51
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
BAM.PR.X<\/td>\nFixedReset<\/td>\n-1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 18.09
\nEvaluated at bid price : 18.09
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n
CM.PR.Q<\/td>\nFixedReset<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.21
\nBid-YTW : 4.91 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.52
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
IAG.PR.I<\/td>\nFixedReset<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.02
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.71
\nEvaluated at bid price : 23.09
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.55
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset<\/td>\n-1.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.90
\nEvaluated at bid price : 23.40
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset<\/td>\n-1.23 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.15
\nBid-YTW : 4.90 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset<\/td>\n-1.22 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.27
\nEvaluated at bid price : 24.32
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
TRP.PR.K<\/td>\nFixedReset<\/td>\n-1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.60
\nEvaluated at bid price : 22.97
\nBid-YTW : 4.75 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.48
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.50
\nEvaluated at bid price : 22.90
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n
CM.PR.S<\/td>\nFixedReset<\/td>\n-1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.80
\nEvaluated at bid price : 24.01
\nBid-YTW : 4.74 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.81
\nEvaluated at bid price : 23.31
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset<\/td>\n-1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.65
\nEvaluated at bid price : 24.29
\nBid-YTW : 4.65 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.30
\nBid-YTW : 6.27 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.23
\nEvaluated at bid price : 24.20
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n-1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.26
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
GWO.PR.H<\/td>\nDeemed-Retractible<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.53 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.48 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
BAM.PR.C<\/td>\nFloater<\/td>\n1.60 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 3.56 %<\/td>\n<\/tr>\n
BAM.PR.B<\/td>\nFloater<\/td>\n1.66 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 17.13
\nEvaluated at bid price : 17.13
\nBid-YTW : 3.56 %<\/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
IFC.PR.G<\/td>\nFixedReset<\/td>\n463,145<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.78
\nBid-YTW : 5.09 %<\/td>\n<\/tr>\n
TD.PF.C<\/td>\nFixedReset<\/td>\n140,900<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.87
\nEvaluated at bid price : 23.26
\nBid-YTW : 4.68 %<\/td>\n<\/tr>\n
PWF.PR.I<\/td>\nPerpetual-Premium<\/td>\n88,607<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2018-06-28
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.62
\nBid-YTW : -17.29 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset<\/td>\n83,624<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.51
\nBid-YTW : 4.71 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset<\/td>\n63,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.82
\nEvaluated at bid price : 23.30
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
BAM.PF.H<\/td>\nFixedReset<\/td>\n52,700<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.71
\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n
There were 36 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
RY.PR.M<\/td>\nFixedReset<\/td>\nQuote: 23.55 – 24.55
\nSpot Rate : 1.0000
\nAverage : 0.6062<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 22.83
\nEvaluated at bid price : 23.55
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

HSE.PR.A<\/td>\nFixedReset<\/td>\nQuote: 16.70 – 17.60
\nSpot Rate : 0.9000
\nAverage : 0.5442<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 16.70
\nEvaluated at bid price : 16.70
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n

BAM.PF.G<\/td>\nFixedReset<\/td>\nQuote: 24.10 – 24.95
\nSpot Rate : 0.8500
\nAverage : 0.5808<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 23.18
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n

GWO.PR.I<\/td>\nDeemed-Retractible<\/td>\nQuote: 21.35 – 21.99
\nSpot Rate : 0.6400
\nAverage : 0.4186<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.35
\nBid-YTW : 7.50 %<\/td>\n<\/tr>\n

TRP.PR.K<\/td>\nFixedReset<\/td>\nQuote: 25.32 – 25.85
\nSpot Rate : 0.5300
\nAverage : 0.3291<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-05-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 4.57 %<\/td>\n<\/tr>\n

TRP.PR.E<\/td>\nFixedReset<\/td>\nQuote: 21.80 – 22.29
\nSpot Rate : 0.4900
\nAverage : 0.3175<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-05-29
\nMaturity Price : 21.46
\nEvaluated at bid price : 21.80
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

It used to be that bond yields were headed straight up. Not any more: U.S. benchmark 10-year Treasury yields posted their largest one-day drop on Tuesday since Britain voted to exit the European Union nearly …<\/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-49393","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49393","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=49393"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49393\/revisions"}],"predecessor-version":[{"id":49394,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49393\/revisions\/49394"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}