{"id":50660,"date":"2025-11-13T21:00:32","date_gmt":"2025-11-14T02:00:32","guid":{"rendered":"https:\/\/prefblog.com\/?p=50660"},"modified":"2025-11-13T21:00:49","modified_gmt":"2025-11-14T02:00:49","slug":"november-13-2025","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=50660","title":{"rendered":"November 13, 2025"},"content":{"rendered":"

Carnage and despair was the order of the day<\/a>:<\/p>\n

Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due to inflation worries and divisions among central bankers about the U.S. economy\u2019s health. The selloff extended to Canada, where the main index posted its biggest decline in seven months, with tech stocks leading the fall.<\/p>\n

All three major U.S. stock indexes posted their steepest daily percentage declines in over a month. The U.S. government reopened after a record 43-day shutdown that had worried investors and disrupted the flow of economic data.<\/p>\n

A growing number of Federal Reserve policymakers in recent days have signaled hesitation about further interest rate cuts, pushing financial market-based odds of a reduction in borrowing costs in December to near even. Fed officials who spoke recently cited worries about inflation and signs of relative stability in the labour market after two U.S. interest rate cuts this year.
…<\/b>
Traders are pricing in about a 47% chance of a 25-basis-point rate cut in December, lower than last week\u2019s 70% probability, according to CME Group\u2019s FedWatch tool.<\/p>\n

Shares fell for some of the U.S. stock market\u2019s strongest performers in recent years, as investors fretted about high valuations fueled by optimism about artificial intelligence.<\/p>\n

Nvidia, the world\u2019s most valuable company, dropped 3.6%, Tesla fell 6.6% and Broadcom declined 4.3%.
…<\/b>
The S&P 500 declined 1.66% to end the session at 6,737.49 points. The Nasdaq fell 2.29% to 22,870.36 points, while the Dow Jones Industrial Average declined 1.65% to 47,457.22 points.<\/p>\n

The S&P\/TSX composite index ended down 573.94 points, or 1.9%, at 30,253.64, after posting a record high closing level on Wednesday.<\/p><\/blockquote>\n

Canadian preferreds got off lightly, with the TXPR Price Index down 22bp.<\/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>\n0.1276 %<\/td>\n2,419.0<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1276 %<\/td>\n4,586.8<\/td>\n<\/tr>\n
Floater<\/td>\n5.96 %<\/td>\n6.24 %<\/td>\n57,631<\/td>\n13.51<\/td>\n3<\/td>\n0.1276 %<\/td>\n2,643.4<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3744 %<\/td>\n3,685.2<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.74 %<\/td>\n4.56 %<\/td>\n66,290<\/td>\n3.24<\/td>\n5<\/td>\n-0.3744 %<\/td>\n4,400.9<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3744 %<\/td>\n3,433.8<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.67 %<\/td>\n-2.44 %<\/td>\n79,514<\/td>\n0.09<\/td>\n7<\/td>\n-0.5340 %<\/td>\n3,095.9<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.46 %<\/td>\n5.57 %<\/td>\n48,809<\/td>\n14.54<\/td>\n25<\/td>\n-0.7836 %<\/td>\n3,424.9<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.78 %<\/td>\n6.00 %<\/td>\n106,213<\/td>\n13.72<\/td>\n30<\/td>\n-0.9970 %<\/td>\n3,095.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.44 %<\/td>\n5.49 %<\/td>\n59,861<\/td>\n14.59<\/td>\n21<\/td>\n-1.5198 %<\/td>\n3,341.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9970 %<\/td>\n3,682.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.89 %<\/td>\n4.99 %<\/td>\n110,275<\/td>\n2.71<\/td>\n21<\/td>\n-0.4271 %<\/td>\n2,633.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.9970 %<\/td>\n3,164.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.18 %<\/td>\n5.33 %<\/td>\n64,280<\/td>\n14.49<\/td>\n15<\/td>\n-0.3439 %<\/td>\n3,094.8<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
SLF.PR.E<\/td>\nInsurance Straight<\/td>\n-10.52 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n-4.92 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 17.60
\nEvaluated at bid price : 17.60
\nBid-YTW : 6.20 %<\/td>\n<\/tr>\n
ENB.PR.F<\/td>\nFixedReset Disc<\/td>\n-3.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-3.72 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.41
\nEvaluated at bid price : 23.03
\nBid-YTW : 6.10 %<\/td>\n<\/tr>\n
GWO.PR.L<\/td>\nInsurance Straight<\/td>\n-3.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.64
\nEvaluated at bid price : 24.90
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\n-2.96 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.00
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
CU.PR.C<\/td>\nFixedReset Disc<\/td>\n-2.91 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
ENB.PR.N<\/td>\nFixedReset Disc<\/td>\n-2.76 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.97
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Prem<\/td>\n-2.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.06
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
FTS.PR.K<\/td>\nFixedReset Disc<\/td>\n-2.61 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.79
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n-2.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.49
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n-2.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-13
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.25
\nBid-YTW : 2.12 %<\/td>\n<\/tr>\n
POW.PR.H<\/td>\nPerpetual-Premium<\/td>\n-2.16 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.39
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Prem<\/td>\n-2.14 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.45
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.89 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 20.80
\nEvaluated at bid price : 20.80
\nBid-YTW : 5.46 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-1.85 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.20
\nEvaluated at bid price : 21.20
\nBid-YTW : 5.39 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n-1.84 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 20.81
\nEvaluated at bid price : 20.81
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n-1.78 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.91
\nEvaluated at bid price : 23.18
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
POW.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.68
\nEvaluated at bid price : 25.00
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Prem<\/td>\n-1.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.66
\nEvaluated at bid price : 25.30
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n-1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.77
\nEvaluated at bid price : 23.05
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
FTS.PR.G<\/td>\nFixedReset Disc<\/td>\n-1.68 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.28
\nEvaluated at bid price : 24.63
\nBid-YTW : 5.22 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n-1.63 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.23
\nEvaluated at bid price : 23.53
\nBid-YTW : 5.54 %<\/td>\n<\/tr>\n
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n-1.56 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n-1.53 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.21
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.20
\nEvaluated at bid price : 24.49
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n-1.38 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.40
\nEvaluated at bid price : 21.40
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
GWO.PR.P<\/td>\nInsurance Straight<\/td>\n-1.33 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.16
\nEvaluated at bid price : 24.41
\nBid-YTW : 5.60 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Disc<\/td>\n-1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.40
\nEvaluated at bid price : 24.60
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
PWF.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.16
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.64
\nEvaluated at bid price : 23.90
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n
ENB.PR.T<\/td>\nFixedReset Disc<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.56
\nEvaluated at bid price : 23.32
\nBid-YTW : 6.00 %<\/td>\n<\/tr>\n
BIP.PR.E<\/td>\nFixedReset Prem<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.60
\nEvaluated at bid price : 25.31
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n
SLF.PR.D<\/td>\nInsurance Straight<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.85
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
SLF.PR.C<\/td>\nInsurance Straight<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.85
\nBid-YTW : 5.15 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-1.13 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.63
\nEvaluated at bid price : 21.95
\nBid-YTW : 6.09 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n-1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.01
\nEvaluated at bid price : 22.25
\nBid-YTW : 5.30 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n-1.09 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.71
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
ENB.PR.A<\/td>\nPerpetual-Discount<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.82
\nEvaluated at bid price : 25.04
\nBid-YTW : 5.59 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n-1.07 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.46
\nEvaluated at bid price : 25.05
\nBid-YTW : 5.41 %<\/td>\n<\/tr>\n
GWO.PR.R<\/td>\nInsurance Straight<\/td>\n-1.03 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.91
\nEvaluated at bid price : 22.15
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 19.25
\nEvaluated at bid price : 19.25
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
CIU.PR.A<\/td>\nPerpetual-Discount<\/td>\n2.94 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.50 %<\/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
FFH.PR.K<\/td>\nFixedReset Prem<\/td>\n269,407<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.50
\nBid-YTW : 4.03 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Premium<\/td>\n180,172<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 24.43
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.56 %<\/td>\n<\/tr>\n
RY.PR.M<\/td>\nFixedReset Disc<\/td>\n100,249<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-24
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.98
\nBid-YTW : 4.70 %<\/td>\n<\/tr>\n
GWO.PR.Z<\/td>\nInsurance Straight<\/td>\n57,830<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.32
\nBid-YTW : 5.67 %<\/td>\n<\/tr>\n
CU.PR.I<\/td>\nFixedReset Prem<\/td>\n55,315<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2025-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.96
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
POW.PR.H<\/td>\nPerpetual-Premium<\/td>\n52,190<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2034-10-15
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.39
\nBid-YTW : 5.69 %<\/td>\n<\/tr>\n
There were 16 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
SLF.PR.E<\/td>\nInsurance Straight<\/td>\nQuote: 19.90 – 22.45
\nSpot Rate : 2.5500
\nAverage : 1.4276<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 19.90
\nEvaluated at bid price : 19.90
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n

CU.PR.C<\/td>\nFixedReset Disc<\/td>\nQuote: 23.35 – 24.90
\nSpot Rate : 1.5500
\nAverage : 1.0675<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.93
\nEvaluated at bid price : 23.35
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n

ENB.PR.F<\/td>\nFixedReset Disc<\/td>\nQuote: 21.05 – 22.35
\nSpot Rate : 1.3000
\nAverage : 0.8319<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 21.05
\nEvaluated at bid price : 21.05
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n

IFC.PR.C<\/td>\nFixedReset Ins Non<\/td>\nQuote: 23.60 – 24.60
\nSpot Rate : 1.0000
\nAverage : 0.6201<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 23.00
\nEvaluated at bid price : 23.60
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n

PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\nQuote: 20.50 – 22.38
\nSpot Rate : 1.8800
\nAverage : 1.5022<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n

ENB.PR.N<\/td>\nFixedReset Disc<\/td>\nQuote: 24.00 – 24.87
\nSpot Rate : 0.8700
\nAverage : 0.5166<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2055-11-13
\nMaturity Price : 22.97
\nEvaluated at bid price : 24.00
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Carnage and despair was the order of the day: Wall Street ended sharply lower on Thursday, with steep losses in Nvidia and other AI heavyweights, as investors scaled back expectations of interest rate cuts due …<\/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-50660","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50660","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=50660"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50660\/revisions"}],"predecessor-version":[{"id":50661,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/50660\/revisions\/50661"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=50660"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=50660"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=50660"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}