{"id":50037,"date":"2025-09-11T19:56:54","date_gmt":"2025-09-11T23:56:54","guid":{"rendered":"https:\/\/prefblog.com\/?p=50037"},"modified":"2025-09-11T19:56:54","modified_gmt":"2025-09-11T23:56:54","slug":"september-11-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50037","title":{"rendered":"September 11, 2025"},"content":{"rendered":"

US consumer inflation ticked up<\/a>:<\/p>\n

The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be tricky to solve.<\/p>\n

Consumer prices rose 0.4% in August, driving the annual inflation rate to 2.9%, the highest since January, according to Bureau of Labor Statistics data released Thursday. The reading marked an acceleration from the 2.7% increase seen in July, with price hikes driving up the cost of Americans\u2019 most basic needs.<\/p>\n

Grocery and fuel prices shot higher in August after falling the month before. Food at home prices rose 0.6% \u2014 the highest monthly jump in nearly three years \u2014 and gas prices climbed by 1.9% after falling 2.2% the month before.
…<\/b>
Paychecks also aren\u2019t going as far as they used to: Real (inflation-adjusted) hourly earnings slowed to 0.7% in August, the lowest gain in more than a year, BLS data shows.<\/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>\n6.71 %<\/td>\n7.15 %<\/td>\n39,947<\/td>\n13.29<\/td>\n1<\/td>\n0.0000 %<\/td>\n2,450.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.5040 %<\/td>\n4,662.8<\/td>\n<\/tr>\n
Floater<\/td>\n6.52 %<\/td>\n6.90 %<\/td>\n60,737<\/td>\n12.56<\/td>\n3<\/td>\n0.5040 %<\/td>\n2,687.2<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2380 %<\/td>\n3,650.7<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.53 %<\/td>\n59,116<\/td>\n3.41<\/td>\n6<\/td>\n0.2380 %<\/td>\n4,359.7<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2380 %<\/td>\n3,401.6<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.48 %<\/td>\n1.90 %<\/td>\n70,665<\/td>\n0.08<\/td>\n3<\/td>\n0.0396 %<\/td>\n3,082.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.52 %<\/td>\n5.66 %<\/td>\n44,683<\/td>\n14.34<\/td>\n28<\/td>\n-0.0031 %<\/td>\n3,401.7<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.89 %<\/td>\n6.03 %<\/td>\n120,910<\/td>\n13.56<\/td>\n32<\/td>\n0.2163 %<\/td>\n3,039.7<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.42 %<\/td>\n5.43 %<\/td>\n56,852<\/td>\n14.75<\/td>\n18<\/td>\n0.2947 %<\/td>\n3,338.7<\/td>\n<\/tr>\n
FloatingReset<\/td>\n5.06 %<\/td>\n3.85 %<\/td>\n43,999<\/td>\n0.13<\/td>\n1<\/td>\n0.0791 %<\/td>\n3,815.5<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.65 %<\/td>\n4.79 %<\/td>\n121,008<\/td>\n2.42<\/td>\n21<\/td>\n0.0685 %<\/td>\n2,634.8<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.2163 %<\/td>\n3,107.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.24 %<\/td>\n5.42 %<\/td>\n66,742<\/td>\n14.49<\/td>\n15<\/td>\n0.4885 %<\/td>\n3,057.9<\/td>\n<\/tr>\n<\/table>\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
CU.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.22
\nEvaluated at bid price : 22.50
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
BN.PF.G<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.34
\nEvaluated at bid price : 23.10
\nBid-YTW : 6.07 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Disc<\/td>\n1.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.62
\nEvaluated at bid price : 23.55
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BN.PR.K<\/td>\nFloater<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 12.85
\nEvaluated at bid price : 12.85
\nBid-YTW : 6.90 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Prem<\/td>\n1.49 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-04-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.94
\nBid-YTW : 4.52 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 21.64
\nEvaluated at bid price : 21.97
\nBid-YTW : 6.12 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n2.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 23.52
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n2.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 23.95
\nEvaluated at bid price : 24.24
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n2.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 21.28
\nEvaluated at bid price : 21.28
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n4.57 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 20.13
\nEvaluated at bid price : 20.13
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n6.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 18.08
\nEvaluated at bid price : 18.08
\nBid-YTW : 5.82 %<\/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
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n123,400<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 24.49
\nEvaluated at bid price : 24.72
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n102,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 20.13
\nEvaluated at bid price : 20.13
\nBid-YTW : 6.49 %<\/td>\n<\/tr>\n
FFH.PR.G<\/td>\nFixedReset Prem<\/td>\n90,500<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-10-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.14
\nBid-YTW : 4.64 %<\/td>\n<\/tr>\n
IFC.PR.I<\/td>\nInsurance Straight<\/td>\n61,367<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 24.24
\nEvaluated at bid price : 24.57
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n51,350<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.57
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.40 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Prem<\/td>\n51,300<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-10-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.04
\nBid-YTW : 4.79 %<\/td>\n<\/tr>\n
There were 14 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\n
Wide Spread Highlights<\/strong><\/td>\n<\/tr>\n
See TMX DataLinx: ‘Last’ != ‘Close’<\/a> and the posts linked therein for an idea of why these quotes are so horrible.<\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nQuote Data and Yield Notes<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Prem<\/td>\nQuote: 25.20 – 26.20
\nSpot Rate : 1.0000
\nAverage : 0.5813<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 23.58
\nEvaluated at bid price : 25.20
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n

BN.PF.I<\/td>\nFixedReset Prem<\/td>\nQuote: 25.35 – 26.35
\nSpot Rate : 1.0000
\nAverage : 0.7997<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.35
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n

BN.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 25.48 – 26.48
\nSpot Rate : 1.0000
\nAverage : 0.8093<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 23.53
\nEvaluated at bid price : 25.48
\nBid-YTW : 5.81 %<\/td>\n<\/tr>\n

IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\nQuote: 25.31 – 25.75
\nSpot Rate : 0.4400
\nAverage : 0.2638<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 23.52
\nEvaluated at bid price : 25.31
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n

PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.72 – 23.25
\nSpot Rate : 0.5300
\nAverage : 0.3815<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 22.46
\nEvaluated at bid price : 22.72
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n

BN.PR.X<\/td>\nFixedReset Disc<\/td>\nQuote: 19.80 – 20.25
\nSpot Rate : 0.4500
\nAverage : 0.3380<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-09-11
\nMaturity Price : 19.80
\nEvaluated at bid price : 19.80
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

US consumer inflation ticked up: The cost of living continues to increase for Americans at a time when the job market appears to be on shakier footing, creating a complicated economic problem that could be …<\/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-50037","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50037","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=50037"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50037\/revisions"}],"predecessor-version":[{"id":50038,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50037\/revisions\/50038"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}