{"id":49512,"date":"2018-07-06T23:43:00","date_gmt":"2018-07-07T03:43:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49512"},"modified":"2025-08-19T23:44:44","modified_gmt":"2025-08-20T03:44:44","slug":"july-6-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49512","title":{"rendered":"July 6, 2018"},"content":{"rendered":"

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

Despite sharpening trade tensions, a hefty rise in payrolls has provided new evidence that the American economy is strong enough to keep pulling sidelined workers back into action.<\/p>\n

Employers added a total of 213,000 jobs in June, the Labor Department said Friday in its monthly report. The jobless rate rose to 4 percent, up from 3.8 percent in May, but that was because so many people joined the labor force and started actively hunting for work.
…<\/b>
For workers, the modest 2.7 percent increase in the average hourly wage over the past year was disappointing; pay raises are a nose behind some measures of inflation. But the slow pace does undercut arguments that the economy is in danger of revving too fast.<\/p>\n<\/blockquote>\n

There were jobs in Canada<\/a>, too!<\/p>\n

The Canadian dollar strengthened to a three-week high against its U.S. counterpart on Friday as oil prices rose and data showing a stronger-than-expected rise in domestic jobs raised expectations for a Bank of Canada interest rate hike next week.<\/p>\n

The Canadian economy added 31,800 jobs in June, more than the 24,000 gain that analysts had predicted. <\/p>\n

Chances of a Bank of Canada interest rate increase at the July 11 announcement climbed to more than 90 percent from 88 percent before the data, the overnight index swaps market indicated.<\/p>\n<\/blockquote>\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>\n1.0233 %<\/td>\n3,001.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n1.0233 %<\/td>\n5,508.1<\/td>\n<\/tr>\n
Floater<\/td>\n3.35 %<\/td>\n3.59 %<\/td>\n73,979<\/td>\n18.35<\/td>\n4<\/td>\n1.0233 %<\/td>\n3,174.3<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1349 %<\/td>\n3,188.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.61 %<\/td>\n4.52 %<\/td>\n65,572<\/td>\n4.94<\/td>\n5<\/td>\n0.1349 %<\/td>\n3,807.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1349 %<\/td>\n2,970.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-8.63 %<\/td>\n57,639<\/td>\n0.09<\/td>\n9<\/td>\n0.1742 %<\/td>\n2,901.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.36 %<\/td>\n5.46 %<\/td>\n55,175<\/td>\n14.63<\/td>\n26<\/td>\n-0.0229 %<\/td>\n2,983.1<\/td>\n<\/tr>\n
FixedReset<\/td>\n4.32 %<\/td>\n4.65 %<\/td>\n136,541<\/td>\n5.55<\/td>\n106<\/td>\n0.1749 %<\/td>\n2,543.5<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.14 %<\/td>\n5.94 %<\/td>\n64,297<\/td>\n5.50<\/td>\n27<\/td>\n-0.0468 %<\/td>\n2,971.1<\/td>\n<\/tr>\n
FloatingReset<\/td>\n3.10 %<\/td>\n3.52 %<\/td>\n33,082<\/td>\n3.41<\/td>\n9<\/td>\n0.2141 %<\/td>\n2,814.5<\/td>\n<\/tr>\n<\/table>\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
TD.PF.D<\/td>\nFixedReset<\/td>\n-1.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.13
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nDeemed-Retractible<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.01
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 21.77
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
VNR.PR.A<\/td>\nFixedReset<\/td>\n1.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 23.05
\nEvaluated at bid price : 24.54
\nBid-YTW : 4.82 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 21.48
\nEvaluated at bid price : 21.48
\nBid-YTW : 2.83 %<\/td>\n<\/tr>\n
BAM.PR.K<\/td>\nFloater<\/td>\n1.99 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 16.90
\nEvaluated at bid price : 16.90
\nBid-YTW : 3.59 %<\/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
MFC.PR.I<\/td>\nFixedReset<\/td>\n145,799<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2022-09-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.75
\nBid-YTW : 4.69 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nDeemed-Retractible<\/td>\n55,757<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.05
\nBid-YTW : 5.96 %<\/td>\n<\/tr>\n
TD.PF.G<\/td>\nFixedReset<\/td>\n51,184<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.56
\nBid-YTW : 3.54 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset<\/td>\n42,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 23.18
\nEvaluated at bid price : 25.11
\nBid-YTW : 4.76 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset<\/td>\n39,500<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 23.28
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
MFC.PR.K<\/td>\nFixedReset<\/td>\n36,200<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.65
\nBid-YTW : 6.08 %<\/td>\n<\/tr>\n
There were 13 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
W.PR.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.82 – 25.28
\nSpot Rate : 0.4600
\nAverage : 0.3098<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 24.57
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

TD.PF.D<\/td>\nFixedReset<\/td>\nQuote: 24.13 – 24.52
\nSpot Rate : 0.3900
\nAverage : 0.2546<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 23.20
\nEvaluated at bid price : 24.13
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n

EMA.PR.H<\/td>\nFixedReset<\/td>\nQuote: 25.35 – 25.59
\nSpot Rate : 0.2400
\nAverage : 0.1627<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2023-08-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n

TRP.PR.H<\/td>\nFloatingReset<\/td>\nQuote: 17.00 – 17.30
\nSpot Rate : 0.3000
\nAverage : 0.2300<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2048-07-06
\nMaturity Price : 17.00
\nEvaluated at bid price : 17.00
\nBid-YTW : 3.77 %<\/td>\n<\/tr>\n

SLF.PR.A<\/td>\nDeemed-Retractible<\/td>\nQuote: 22.42 – 22.71
\nSpot Rate : 0.2900
\nAverage : 0.2208<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2025-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 22.42
\nBid-YTW : 6.77 %<\/td>\n<\/tr>\n

MFC.PR.O<\/td>\nFixedReset<\/td>\nQuote: 26.51 – 26.85
\nSpot Rate : 0.3400
\nAverage : 0.2866<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2021-06-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.51
\nBid-YTW : 3.55 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Jobs, jobs, jobs! Despite sharpening trade tensions, a hefty rise in payrolls has provided new evidence that the American economy is strong enough to keep pulling sidelined workers back into action. Employers added a total …<\/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-49512","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49512","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=49512"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49512\/revisions"}],"predecessor-version":[{"id":49513,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49512\/revisions\/49513"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49512"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49512"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49512"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}