{"id":49789,"date":"2018-10-24T11:51:00","date_gmt":"2018-10-24T15:51:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=49789"},"modified":"2025-08-26T11:53:19","modified_gmt":"2025-08-26T15:53:19","slug":"october-24-2018","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=49789","title":{"rendered":"October 24, 2018"},"content":{"rendered":"<p>Equities <a href=\"https:\/\/www.nytimes.com\/2018\/10\/24\/business\/stock-market-today.html\">got creamed today<\/a>:<\/p>\n<blockquote>\n<p>Stocks have fallen for 13 of the past 15 trading days, including a 3.3 percent drop on Oct. 10 that was the market\u2019s worst fall in eight months. The S.&#038;P. 500 is now down more than 0.6 percent for the year.<br \/><b>&#8230;<\/b><br \/>The S.&#038;P. 500 communications services sector \u2014 which includes tech giants like Google and Facebook \u2014 led the broad market lower.<\/p>\n<ul>\n<li>\u2022The tech-heavy Nasdaq composite index dropped more than 4.4 percent, as shares in the tech heavyweights Amazon, Microsoft and Facebook all fell more than 5 percent.\n<li>\u2022Netflix stock fell more than 9 percent, after media reports said that Apple planned to announce a subscription television service that would go head-to-head with Amazon and Netflix.\n<li>\u2022Homebuilding stocks slumped again. The S.&#038;P. 500 homebuilding index dropped 3 percent after new economic data showed home sales slumped for the fourth straight month. The sector has been battered this year, falling more than 36 percent, as rising mortgage rates showed signs of slowing the sector.<\/ul>\n<\/blockquote>\n<p>TXPR <a href=\"https:\/\/web.tmxmoney.com\/quote.php?qm_symbol=txpr\">touched a new 52-week low<\/a> today, just like <a href=\"https:\/\/prefblog.com\/?p=37420\">yesterday<\/a>. Note that that&#8217;s the price index being referred to, which does not account for the value of dividends received. <a href=\"https:\/\/web.tmxmoney.com\/pricehistory.php?qm_symbol=CPD\">CPD volume<\/a> returned to high-ish, but reasonably normal levels.<\/p>\n<p>PerpetualDiscounts now yield 5.76%, equivalent to 7.49% interest at the standard equivalency factor of 1.3x. <a href=\"https:\/\/www.ftse.com\/products\/FTSETMX\/Home\/Indices\">Long corporates<\/a> now yield about 4.15%, so the pre-tax interest-equivalent spread (in this context, the &#8220;Seniority Spread&#8221;) is now about 335bp, a significant widening from the 325bp reported <a href=\"https:\/\/prefblog.com\/?p=37392\">October 17<\/a>.<\/p>\n<table border=\"1\">\n<tr>\n<td colspan=\"8\"><strong>HIMIPref&trade; Preferred Indices<br \/>These values reflect the December 2008 revision of the HIMIPref&trade; Indices<\/strong><br \/>Values are provisional and are finalized monthly<\/td>\n<\/tr>\n<tr>\n<td>Index<\/td>\n<td>Mean<br \/>Current<br \/>Yield<br \/>(at bid)<\/td>\n<td>Median<br \/>YTW<\/td>\n<td>Median<br \/>Average<br \/>Trading<br \/>Value<\/td>\n<td>Median<br \/>Mod Dur<br \/>(YTW)<\/td>\n<td>Issues<\/td>\n<td>Day&#8217;s Perf.<\/td>\n<td>Index Value<\/td>\n<\/tr>\n<tr>\n<td>Ratchet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0152 %<\/td>\n<td>3,100.8<\/td>\n<\/tr>\n<tr>\n<td>FixedFloater<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>0.0152 %<\/td>\n<td>5,689.7<\/td>\n<\/tr>\n<tr>\n<td>Floater<\/td>\n<td>3.51 %<\/td>\n<td>3.73 %<\/td>\n<td>41,428<\/td>\n<td>18.01<\/td>\n<td>4<\/td>\n<td>0.0152 %<\/td>\n<td>3,279.0<\/td>\n<\/tr>\n<tr>\n<td>OpRet<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1269 %<\/td>\n<td>3,223.8<\/td>\n<\/tr>\n<tr>\n<td>SplitShare<\/td>\n<td>4.62 %<\/td>\n<td>4.85 %<\/td>\n<td>49,617<\/td>\n<td>4.70<\/td>\n<td>5<\/td>\n<td>-0.1269 %<\/td>\n<td>3,849.9<\/td>\n<\/tr>\n<tr>\n<td>Interest-Bearing<\/td>\n<td>0.00 %<\/td>\n<td>0.00 %<\/td>\n<td>0<\/td>\n<td>0.00<\/td>\n<td>0<\/td>\n<td>-0.1269 %<\/td>\n<td>3,003.8<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Premium<\/td>\n<td>5.66 %<\/td>\n<td>5.30 %<\/td>\n<td>79,001<\/td>\n<td>14.02<\/td>\n<td>12<\/td>\n<td>0.0128 %<\/td>\n<td>2,895.9<\/td>\n<\/tr>\n<tr>\n<td>Perpetual-Discount<\/td>\n<td>5.63 %<\/td>\n<td>5.76 %<\/td>\n<td>76,907<\/td>\n<td>14.27<\/td>\n<td>21<\/td>\n<td>-0.1380 %<\/td>\n<td>2,917.6<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Disc<\/td>\n<td>4.26 %<\/td>\n<td>5.17 %<\/td>\n<td>148,443<\/td>\n<td>15.31<\/td>\n<td>45<\/td>\n<td>-0.3978 %<\/td>\n<td>2,557.3<\/td>\n<\/tr>\n<tr>\n<td>Deemed-Retractible<\/td>\n<td>5.37 %<\/td>\n<td>6.78 %<\/td>\n<td>67,431<\/td>\n<td>5.23<\/td>\n<td>27<\/td>\n<td>-0.0458 %<\/td>\n<td>2,890.1<\/td>\n<\/tr>\n<tr>\n<td>FloatingReset<\/td>\n<td>3.68 %<\/td>\n<td>3.83 %<\/td>\n<td>44,592<\/td>\n<td>5.51<\/td>\n<td>4<\/td>\n<td>-0.3034 %<\/td>\n<td>2,827.0<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Prem<\/td>\n<td>4.90 %<\/td>\n<td>4.29 %<\/td>\n<td>254,520<\/td>\n<td>3.05<\/td>\n<td>34<\/td>\n<td>-0.0696 %<\/td>\n<td>2,557.4<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Bank Non<\/td>\n<td>3.12 %<\/td>\n<td>3.30 %<\/td>\n<td>85,864<\/td>\n<td>0.33<\/td>\n<td>8<\/td>\n<td>0.0541 %<\/td>\n<td>2,579.1<\/td>\n<\/tr>\n<tr>\n<td>FixedReset Ins Non<\/td>\n<td>4.47 %<\/td>\n<td>5.82 %<\/td>\n<td>118,302<\/td>\n<td>5.34<\/td>\n<td>22<\/td>\n<td>-0.2752 %<\/td>\n<td>2,508.7<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Performance Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Change<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.64 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.10<br \/>\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>-2.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 23.36<br \/>\nEvaluated at bid price : 23.68<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.L<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-2.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.61<br \/>\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.D<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.92 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.62<br \/>\nEvaluated at bid price : 22.00<br \/>\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.J<\/td>\n<td>FixedReset Prem<\/td>\n<td>-1.75 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-12-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.76<br \/>\nBid-YTW : 5.12 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.68 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 17.01<br \/>\nEvaluated at bid price : 17.01<br \/>\nBid-YTW : 5.24 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.A<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.62 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 19.99<br \/>\nBid-YTW : 7.77 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.T<\/td>\n<td>Deemed-Retractible<\/td>\n<td>-1.44 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.60<br \/>\nBid-YTW : 7.19 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PR.X<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.38 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 18.54<br \/>\nEvaluated at bid price : 18.54<br \/>\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.P<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.31 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 18.85<br \/>\nEvaluated at bid price : 18.85<br \/>\nBid-YTW : 5.04 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.F<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.24 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 17.47<br \/>\nBid-YTW : 9.63 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.L<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.16 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.88<br \/>\nEvaluated at bid price : 22.12<br \/>\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.M<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.15 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.37<br \/>\nBid-YTW : 6.79 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.O<\/td>\n<td>Perpetual-Discount<\/td>\n<td>-1.13 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 23.35<br \/>\nEvaluated at bid price : 23.73<br \/>\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n<tr>\n<td>PWF.PR.Q<\/td>\n<td>FloatingReset<\/td>\n<td>-1.07 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.27<br \/>\nEvaluated at bid price : 21.27<br \/>\nBid-YTW : 3.83 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.H<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.05 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 20.82<br \/>\nBid-YTW : 7.14 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.N<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 22.12<br \/>\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n<tr>\n<td>CU.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.21<br \/>\nEvaluated at bid price : 21.21<br \/>\nBid-YTW : 5.38 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.C<\/td>\n<td>FixedReset Disc<\/td>\n<td>-1.02 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 17.50<br \/>\nEvaluated at bid price : 17.50<br \/>\nBid-YTW : 5.34 %<\/td>\n<\/tr>\n<tr>\n<td>IFC.PR.F<\/td>\n<td>Deemed-Retractible<\/td>\n<td>1.03 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.49<br \/>\nBid-YTW : 6.60 %<\/td>\n<\/tr>\n<tr>\n<td>MFC.PR.G<\/td>\n<td>FixedReset Ins Non<\/td>\n<td>1.23 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 23.85<br \/>\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n<tr>\n<td>HSE.PR.E<\/td>\n<td>FixedReset Prem<\/td>\n<td>1.41 %<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 24.09<br \/>\nEvaluated at bid price : 24.46<br \/>\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"4\"><strong>Volume Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Shares<br \/>Traded<\/td>\n<td>Notes<\/td>\n<\/tr>\n<tr>\n<td>BMO.PR.C<\/td>\n<td>FixedReset Prem<\/td>\n<td>132,650<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-05-25<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.43<br \/>\nBid-YTW : 4.22 %<\/td>\n<\/tr>\n<tr>\n<td>BAM.PF.B<\/td>\n<td>FixedReset Disc<\/td>\n<td>85,550<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 22.52<br \/>\nEvaluated at bid price : 23.50<br \/>\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.K<\/td>\n<td>FixedReset Prem<\/td>\n<td>75,346<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-05-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.80<br \/>\nBid-YTW : 4.18 %<\/td>\n<\/tr>\n<tr>\n<td>SLF.PR.A<\/td>\n<td>Deemed-Retractible<\/td>\n<td>74,720<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 21.01<br \/>\nBid-YTW : 8.16 %<\/td>\n<\/tr>\n<tr>\n<td>CM.PR.R<\/td>\n<td>FixedReset Prem<\/td>\n<td>74,258<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2022-07-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.11<br \/>\nBid-YTW : 4.28 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.I<\/td>\n<td>FixedReset Bank Non<\/td>\n<td>73,700<\/td>\n<td>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2019-02-24<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.00<br \/>\nBid-YTW : 2.64 %<\/td>\n<\/tr>\n<tr>\n<td colspan=\"4\">There were 40 other index-included issues trading in excess of 10,000 shares.<\/td>\n<\/tr>\n<\/table>\n<table border=\"1\">\n<tr>\n<td colspan=\"3\"><strong>Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n<tr>\n<td>Issue<\/td>\n<td>Index<\/td>\n<td>Quote Data and Yield Notes<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.G<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 23.68 &#8211; 24.26<br \/>\nSpot Rate  :  0.5800<br \/>\nAverage  :  0.3848<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 23.36<br \/>\nEvaluated at bid price : 23.68<br \/>\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<tr>\n<td>GWO.PR.L<\/td>\n<td>Deemed-Retractible<\/td>\n<td>Quote: 24.61 &#8211; 25.16<br \/>\nSpot Rate  :  0.5500<br \/>\nAverage  :  0.3675<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Hard Maturity<br \/>\nMaturity Date\t: 2025-01-31<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 24.61<br \/>\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n<tr>\n<td>RY.PR.O<\/td>\n<td>Perpetual-Discount<\/td>\n<td>Quote: 23.73 &#8211; 24.19<br \/>\nSpot Rate  :  0.4600<br \/>\nAverage  :  0.2929<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 23.35<br \/>\nEvaluated at bid price : 23.73<br \/>\nBid-YTW : 5.14 %<\/td>\n<\/tr>\n<tr>\n<td>TRP.PR.E<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.10 &#8211; 22.55<br \/>\nSpot Rate  :  0.4500<br \/>\nAverage  :  0.2904<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 21.68<br \/>\nEvaluated at bid price : 22.10<br \/>\nBid-YTW : 5.33 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.G<\/td>\n<td>FixedReset Prem<\/td>\n<td>Quote: 25.76 &#8211; 26.08<br \/>\nSpot Rate  :  0.3200<br \/>\nAverage  :  0.1812<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Call<br \/>\nMaturity Date\t: 2021-04-30<br \/>\nMaturity Price  : 25.00<br \/>\nEvaluated at bid price : 25.76<br \/>\nBid-YTW : 4.19 %<\/td>\n<\/tr>\n<tr>\n<td>TD.PF.A<\/td>\n<td>FixedReset Disc<\/td>\n<td>Quote: 22.76 &#8211; 23.20<br \/>\nSpot Rate  :  0.4400<br \/>\nAverage  :  0.3048<\/p>\n<p>YTW SCENARIO<br \/>\nMaturity Type   : Limit Maturity<br \/>\nMaturity Date\t: 2048-10-24<br \/>\nMaturity Price  : 22.10<br \/>\nEvaluated at bid price : 22.76<br \/>\nBid-YTW : 5.03 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Equities got creamed today: Stocks have fallen for 13 of the past 15 trading days, including a 3.3 percent drop on Oct. 10 that was the market\u2019s worst fall in eight months. The S.&#038;P. 500 &hellip;<\/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-49789","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49789","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=49789"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49789\/revisions"}],"predecessor-version":[{"id":49790,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/49789\/revisions\/49790"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=49789"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=49789"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=49789"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}