{"id":50635,"date":"2019-08-07T22:54:00","date_gmt":"2019-08-08T02:54:00","guid":{"rendered":"https:\/\/prefblog.com\/?p=50635"},"modified":"2025-11-11T22:56:24","modified_gmt":"2025-11-12T03:56:24","slug":"august-7-2019","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50635","title":{"rendered":"August 7, 2019"},"content":{"rendered":"
\"mushroomcloud_190807\"<\/a>
Click for Big<\/i><\/div>\n

Well, if Trump loses his trade war and tips the US into a recession, he’s got his excuse prepared<\/a>:<\/p>\n

\n

Donald Trump lashed out at the U.S. central bank on Wednesday, accusing the Federal Reserve’s interest rate policy with holding back the economy from winning a trade war he is trying to wage with China.<\/p>\n

In a series of tweets on Wednesday, U.S. President Donald Trump blamed the central bank for not initiating interest rate cuts that are “bigger and faster” for the current turmoil in financial markets.
…<\/b>
“Our problem is a Federal Reserve that is too proud to admit their mistake of acting too fast and tightening too much (and that I was right!). They must Cut Rates bigger and faster, and stop their ridiculous quantitative tightening NOW,” he said.<\/p>\n<\/blockquote>\n

TXPR closed at 599.18<\/a>, down 1.11% on the day. Volume was 2.63-million, second only to July 19<\/a> in the past 30 days.<\/p>\n

CPD closed at 11.96<\/a>, down 1.24% on the day. Volume of 267,654 was the highest of the past thirty days, edging out July 31<\/a>‘s 258,950.<\/p>\n

ZPR closed at 9.56<\/a>, down 1.54% on the day. Volume of 242,011 was the highest of the past 30 days, trouncing July 18<\/a>‘s volume of 177,940.<\/p>\n

Five-year Canada yields were up 1bp to 1.23%<\/a> today. <\/p>\n

PerpetualDiscounts now yield 5.57%, equivalent to 7.24% interest at the standard equivalency factor of 1.3x. Long corporates<\/a> now yield 3.33%, so the pre-tax interest-equivalent spread (in this context, the \u201cSeniority Spread\u201d) remains at an amazing 390bp, the same as that reported July 31<\/a>.<\/p>\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>\n0.0448 %<\/td>\n1,927.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0448 %<\/td>\n3,537.4<\/td>\n<\/tr>\n
Floater<\/td>\n6.20 %<\/td>\n6.26 %<\/td>\n39,142<\/td>\n13.47<\/td>\n4<\/td>\n0.0448 %<\/td>\n2,038.6<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2088 %<\/td>\n3,332.3<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.67 %<\/td>\n4.85 %<\/td>\n71,645<\/td>\n4.08<\/td>\n7<\/td>\n-0.2088 %<\/td>\n3,979.5<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.2088 %<\/td>\n3,105.0<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.61 %<\/td>\n-16.33 %<\/td>\n56,432<\/td>\n0.09<\/td>\n7<\/td>\n0.0336 %<\/td>\n2,990.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.45 %<\/td>\n5.57 %<\/td>\n59,043<\/td>\n14.54<\/td>\n25<\/td>\n0.1287 %<\/td>\n3,135.4<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.57 %<\/td>\n5.15 %<\/td>\n161,307<\/td>\n15.09<\/td>\n69<\/td>\n-1.5689 %<\/td>\n2,067.8<\/td>\n<\/tr>\n
Deemed-Retractible<\/td>\n5.24 %<\/td>\n5.95 %<\/td>\n59,666<\/td>\n7.91<\/td>\n27<\/td>\n-0.1675 %<\/td>\n3,111.0<\/td>\n<\/tr>\n
FloatingReset<\/td>\n4.10 %<\/td>\n4.47 %<\/td>\n36,135<\/td>\n2.39<\/td>\n4<\/td>\n-0.6772 %<\/td>\n2,322.6<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.16 %<\/td>\n4.06 %<\/td>\n156,903<\/td>\n1.86<\/td>\n17<\/td>\n-0.2865 %<\/td>\n2,587.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n1.98 %<\/td>\n4.05 %<\/td>\n84,953<\/td>\n2.41<\/td>\n3<\/td>\n-0.1253 %<\/td>\n2,653.2<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.39 %<\/td>\n7.58 %<\/td>\n90,393<\/td>\n8.04<\/td>\n22<\/td>\n-1.1943 %<\/td>\n2,116.4<\/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\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
BAM.PF.A<\/td>\nFixedReset Disc<\/td>\n-4.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.10
\nEvaluated at bid price : 18.10
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
TRP.PR.B<\/td>\nFixedReset Disc<\/td>\n-4.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 10.65
\nEvaluated at bid price : 10.65
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
TRP.PR.A<\/td>\nFixedReset Disc<\/td>\n-3.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 12.70
\nEvaluated at bid price : 12.70
\nBid-YTW : 6.11 %<\/td>\n<\/tr>\n
IAF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-3.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.40
\nBid-YTW : 7.06 %<\/td>\n<\/tr>\n
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\n-3.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 11.12
\nEvaluated at bid price : 11.12
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n-3.27 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.05
\nEvaluated at bid price : 18.05
\nBid-YTW : 5.20 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-3.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.45
\nBid-YTW : 8.09 %<\/td>\n<\/tr>\n
RY.PR.J<\/td>\nFixedReset Disc<\/td>\n-2.97 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.65
\nEvaluated at bid price : 18.65
\nBid-YTW : 5.19 %<\/td>\n<\/tr>\n
MFC.PR.N<\/td>\nFixedReset Ins Non<\/td>\n-2.90 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 16.39
\nBid-YTW : 8.62 %<\/td>\n<\/tr>\n
BIP.PR.A<\/td>\nFixedReset Disc<\/td>\n-2.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.45
\nEvaluated at bid price : 18.45
\nBid-YTW : 6.44 %<\/td>\n<\/tr>\n
BMO.PR.Y<\/td>\nFixedReset Disc<\/td>\n-2.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 19.07
\nEvaluated at bid price : 19.07
\nBid-YTW : 5.05 %<\/td>\n<\/tr>\n
NA.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.01
\nEvaluated at bid price : 16.01
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
BAM.PR.Z<\/td>\nFixedReset Disc<\/td>\n-2.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.80
\nEvaluated at bid price : 17.80
\nBid-YTW : 6.02 %<\/td>\n<\/tr>\n
BMO.PR.T<\/td>\nFixedReset Disc<\/td>\n-2.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.85
\nEvaluated at bid price : 16.85
\nBid-YTW : 5.02 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-2.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 14.40
\nBid-YTW : 9.72 %<\/td>\n<\/tr>\n
CM.PR.R<\/td>\nFixedReset Disc<\/td>\n-2.59 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 21.45
\nEvaluated at bid price : 21.45
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
TD.PF.A<\/td>\nFixedReset Disc<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 12.92
\nEvaluated at bid price : 12.92
\nBid-YTW : 5.26 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n-2.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
TD.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 19.75
\nEvaluated at bid price : 19.75
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
NA.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.60
\nEvaluated at bid price : 18.60
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 15.37
\nEvaluated at bid price : 15.37
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
BMO.PR.D<\/td>\nFixedReset Disc<\/td>\n-2.29 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 21.30
\nEvaluated at bid price : 21.30
\nBid-YTW : 5.08 %<\/td>\n<\/tr>\n
BMO.PR.W<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.81
\nEvaluated at bid price : 16.81
\nBid-YTW : 5.00 %<\/td>\n<\/tr>\n
NA.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 21.25
\nEvaluated at bid price : 21.25
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
HSE.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n
HSE.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.25
\nEvaluated at bid price : 18.25
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
CM.PR.P<\/td>\nFixedReset Disc<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.45
\nEvaluated at bid price : 16.45
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
NA.PR.G<\/td>\nFixedReset Disc<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.31
\nEvaluated at bid price : 20.31
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
TD.PF.D<\/td>\nFixedReset Disc<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 19.40
\nEvaluated at bid price : 19.40
\nBid-YTW : 5.07 %<\/td>\n<\/tr>\n
BAM.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.66
\nEvaluated at bid price : 16.66
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
TRP.PR.E<\/td>\nFixedReset Disc<\/td>\n-2.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 15.01
\nEvaluated at bid price : 15.01
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
TD.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 4.97 %<\/td>\n<\/tr>\n
EMA.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.98 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.79
\nEvaluated at bid price : 16.79
\nBid-YTW : 5.64 %<\/td>\n<\/tr>\n
BAM.PF.G<\/td>\nFixedReset Disc<\/td>\n-1.95 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.06
\nEvaluated at bid price : 17.06
\nBid-YTW : 5.95 %<\/td>\n<\/tr>\n
HSE.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.93 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.30
\nEvaluated at bid price : 17.30
\nBid-YTW : 6.26 %<\/td>\n<\/tr>\n
CM.PR.O<\/td>\nFixedReset Disc<\/td>\n-1.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.98
\nEvaluated at bid price : 16.98
\nBid-YTW : 5.23 %<\/td>\n<\/tr>\n
RY.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.81 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.10
\nEvaluated at bid price : 20.10
\nBid-YTW : 4.77 %<\/td>\n<\/tr>\n
BMO.PR.E<\/td>\nFixedReset Disc<\/td>\n-1.69 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.40
\nEvaluated at bid price : 20.40
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.05
\nBid-YTW : 8.19 %<\/td>\n<\/tr>\n
BNS.PR.I<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.88 %<\/td>\n<\/tr>\n
BAM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.67 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 14.75
\nEvaluated at bid price : 14.75
\nBid-YTW : 5.93 %<\/td>\n<\/tr>\n
HSE.PR.A<\/td>\nFixedReset Disc<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 11.90
\nEvaluated at bid price : 11.90
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.65 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.90
\nEvaluated at bid price : 17.90
\nBid-YTW : 5.18 %<\/td>\n<\/tr>\n
TRP.PR.F<\/td>\nFloatingReset<\/td>\n-1.64 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 13.16
\nEvaluated at bid price : 13.16
\nBid-YTW : 6.89 %<\/td>\n<\/tr>\n
BMO.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 22.24
\nEvaluated at bid price : 22.65
\nBid-YTW : 4.92 %<\/td>\n<\/tr>\n
IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.20
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n
SLF.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.81
\nBid-YTW : 7.36 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-1.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 16.53
\nEvaluated at bid price : 16.53
\nBid-YTW : 5.32 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.40
\nBid-YTW : 9.74 %<\/td>\n<\/tr>\n
TD.PF.J<\/td>\nFixedReset Disc<\/td>\n-1.43 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 4.86 %<\/td>\n<\/tr>\n
TD.PF.K<\/td>\nFixedReset Disc<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.00
\nEvaluated at bid price : 20.00
\nBid-YTW : 4.98 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n-1.37 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 18.65
\nBid-YTW : 7.89 %<\/td>\n<\/tr>\n
MFC.PR.I<\/td>\nFixedReset Ins Non<\/td>\n-1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.10
\nBid-YTW : 7.53 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Disc<\/td>\n-1.32 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.70
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
BMO.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.30 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.52
\nEvaluated at bid price : 17.52
\nBid-YTW : 5.10 %<\/td>\n<\/tr>\n
RY.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.73
\nEvaluated at bid price : 17.73
\nBid-YTW : 4.85 %<\/td>\n<\/tr>\n
MFC.PR.Q<\/td>\nFixedReset Ins Non<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 19.06
\nBid-YTW : 7.58 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Disc<\/td>\n-1.20 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 23.04
\nEvaluated at bid price : 24.64
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
BIP.PR.C<\/td>\nFixedReset Prem<\/td>\n-1.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 23.46
\nEvaluated at bid price : 24.76
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
SLF.PR.J<\/td>\nFloatingReset<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 13.25
\nBid-YTW : 10.70 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n-1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nDeemed-Retractible<\/td>\n-1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.77
\nBid-YTW : 6.84 %<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nDeemed-Retractible<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.87
\nBid-YTW : 6.83 %<\/td>\n<\/tr>\n
NA.PR.S<\/td>\nFixedReset Disc<\/td>\n-1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.41
\nEvaluated at bid price : 17.41
\nBid-YTW : 5.29 %<\/td>\n<\/tr>\n
CM.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 22.96
\nEvaluated at bid price : 24.40
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
PWF.PR.A<\/td>\nFloater<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 11.49
\nEvaluated at bid price : 11.49
\nBid-YTW : 6.03 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2020-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 2.72 %<\/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
CU.PR.G<\/td>\nPerpetual-Discount<\/td>\n101,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 21.01
\nEvaluated at bid price : 21.01
\nBid-YTW : 5.37 %<\/td>\n<\/tr>\n
TRP.PR.D<\/td>\nFixedReset Disc<\/td>\n95,750<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 15.37
\nEvaluated at bid price : 15.37
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n
BAM.PF.F<\/td>\nFixedReset Disc<\/td>\n79,590<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.15
\nEvaluated at bid price : 17.15
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
MFC.PR.M<\/td>\nFixedReset Ins Non<\/td>\n58,425<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.05
\nBid-YTW : 8.19 %<\/td>\n<\/tr>\n
RY.PR.H<\/td>\nFixedReset Disc<\/td>\n37,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.70
\nEvaluated at bid price : 17.70
\nBid-YTW : 4.80 %<\/td>\n<\/tr>\n
CM.PR.Y<\/td>\nFixedReset Disc<\/td>\n35,152<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 23.04
\nEvaluated at bid price : 24.64
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
There were 39 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
TRP.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 11.12 – 11.75
\nSpot Rate : 0.6300
\nAverage : 0.4151<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 11.12
\nEvaluated at bid price : 11.12
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 17.45 – 18.20
\nSpot Rate : 0.7500
\nAverage : 0.5456<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 17.45
\nBid-YTW : 8.09 %<\/td>\n<\/tr>\n

NA.PR.G<\/td>\nFixedReset Disc<\/td>\nQuote: 20.31 – 20.83
\nSpot Rate : 0.5200
\nAverage : 0.3306<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 20.31
\nEvaluated at bid price : 20.31
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n

IAF.PR.I<\/td>\nFixedReset Ins Non<\/td>\nQuote: 20.20 – 20.74
\nSpot Rate : 0.5400
\nAverage : 0.3628<\/p>\n

YTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2030-01-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 20.20
\nBid-YTW : 7.00 %<\/td>\n<\/tr>\n

TD.PF.A<\/td>\nFixedReset Disc<\/td>\nQuote: 17.10 – 17.67
\nSpot Rate : 0.5700
\nAverage : 0.4137<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 17.10
\nEvaluated at bid price : 17.10
\nBid-YTW : 4.96 %<\/td>\n<\/tr>\n

HSE.PR.E<\/td>\nFixedReset Disc<\/td>\nQuote: 18.20 – 19.01
\nSpot Rate : 0.8100
\nAverage : 0.6549<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2049-08-07
\nMaturity Price : 18.20
\nEvaluated at bid price : 18.20
\nBid-YTW : 6.54 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Click for Big Well, if Trump loses his trade war and tips the US into a recession, he’s got his excuse prepared: Donald Trump lashed out at the U.S. central bank on Wednesday, accusing the …<\/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-50635","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50635","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=50635"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50635\/revisions"}],"predecessor-version":[{"id":50636,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50635\/revisions\/50636"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50635"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50635"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50635"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}