{"id":51795,"date":"2026-04-14T23:30:12","date_gmt":"2026-04-15T03:30:12","guid":{"rendered":"https:\/\/prefblog.com\/?p=51795"},"modified":"2026-04-14T23:30:12","modified_gmt":"2026-04-15T03:30:12","slug":"april-14-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=51795","title":{"rendered":"April 14, 2026"},"content":{"rendered":"

US wholesale inflation popped<\/a>:<\/p>\n

Fast-rising oil prices sent US businesses\u2019 costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday.<\/p>\n

The Producer Price Index, which measures the average change in prices received by producers of goods and services, rose 0.5% from February, the same pace seen the month before. A 15.7% rise in gasoline prices accounted for nearly half of last month\u2019s increase.
…<\/b>
Still, despite wholesale inflation hitting a three-year high, the March PPI report fared better than economists had expected. They estimated that the war-driven energy shock would cause prices to jump 1.1% from February, driving the annual rate to 4.6%, according to FactSet consensus estimates.<\/p>\n

Instead, Tuesday\u2019s report showed that falling food prices and flat services prices helped to blunt some of the blow from the rapidly rising oil prices.<\/p>\n

Another likely factor in the tamer-than-expected numbers was the report\u2019s timing: The BLS asked businesses to provide pricing data as of Tuesday of the week containing the 13th. In this case, that would be March 10, which was just two weeks after the US-Israeli strikes in Iran began.<\/p>\n

When excluding the volatile categories of food and energy, core PPI rose just 0.1% for the month, holding the annual rate steady at 3.8%.<\/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>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1860 %<\/td>\n2,494.5<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1860 %<\/td>\n4,729.9<\/td>\n<\/tr>\n
Floater<\/td>\n5.81 %<\/td>\n5.95 %<\/td>\n25,746<\/td>\n13.99<\/td>\n4<\/td>\n-0.1860 %<\/td>\n2,725.9<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0315 %<\/td>\n3,658.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.77 %<\/td>\n4.43 %<\/td>\n67,706<\/td>\n2.89<\/td>\n5<\/td>\n-0.0315 %<\/td>\n4,369.6<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0315 %<\/td>\n3,409.3<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.90 %<\/td>\n2.77 %<\/td>\n63,052<\/td>\n0.08<\/td>\n1<\/td>\n0.6847 %<\/td>\n3,001.7<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.75 %<\/td>\n5.81 %<\/td>\n49,434<\/td>\n14.19<\/td>\n34<\/td>\n0.4295 %<\/td>\n3,295.0<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.83 %<\/td>\n5.97 %<\/td>\n113,133<\/td>\n13.76<\/td>\n27<\/td>\n0.3242 %<\/td>\n3,227.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.62 %<\/td>\n5.73 %<\/td>\n58,871<\/td>\n14.29<\/td>\n22<\/td>\n0.2608 %<\/td>\n3,235.2<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3242 %<\/td>\n3,839.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.00 %<\/td>\n4.57 %<\/td>\n84,617<\/td>\n1.97<\/td>\n21<\/td>\n0.3652 %<\/td>\n2,646.2<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3242 %<\/td>\n3,299.5<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.15 %<\/td>\n5.30 %<\/td>\n74,933<\/td>\n14.47<\/td>\n14<\/td>\n0.9146 %<\/td>\n3,210.4<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
ENB.PR.B<\/td>\nFixedReset Disc<\/td>\n-1.70 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.43
\nEvaluated at bid price : 21.43
\nBid-YTW : 6.47 %<\/td>\n<\/tr>\n
SLF.PR.H<\/td>\nFixedReset Ins Non<\/td>\n1.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.95
\nEvaluated at bid price : 23.74
\nBid-YTW : 5.45 %<\/td>\n<\/tr>\n
MFC.PR.J<\/td>\nFixedReset Ins Non<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-03-19
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.78
\nBid-YTW : 4.72 %<\/td>\n<\/tr>\n
ENB.PF.E<\/td>\nFixedReset Disc<\/td>\n1.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.30
\nEvaluated at bid price : 22.95
\nBid-YTW : 6.22 %<\/td>\n<\/tr>\n
BIP.PR.F<\/td>\nFixedReset Prem<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.53
\nEvaluated at bid price : 25.31
\nBid-YTW : 5.98 %<\/td>\n<\/tr>\n
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n1.35 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
POW.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.42 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.98
\nEvaluated at bid price : 22.21
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
IFC.PR.G<\/td>\nFixedReset Ins Non<\/td>\n1.71 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.53
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
PWF.PR.S<\/td>\nPerpetual-Discount<\/td>\n1.88 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.71 %<\/td>\n<\/tr>\n
BN.PF.C<\/td>\nPerpetual-Discount<\/td>\n2.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 20.45
\nEvaluated at bid price : 20.45
\nBid-YTW : 5.99 %<\/td>\n<\/tr>\n
IFC.PR.A<\/td>\nFixedReset Ins Non<\/td>\n2.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.40
\nEvaluated at bid price : 22.75
\nBid-YTW : 5.31 %<\/td>\n<\/tr>\n
CU.PR.F<\/td>\nPerpetual-Discount<\/td>\n2.50 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 20.50
\nEvaluated at bid price : 20.50
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n2.77 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n4.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.85
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
SLF.PR.G<\/td>\nFixedReset Ins Non<\/td>\n4.79 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 20.12
\nEvaluated at bid price : 20.12
\nBid-YTW : 5.55 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n5.36 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.41
\nEvaluated at bid price : 21.41
\nBid-YTW : 6.23 %<\/td>\n<\/tr>\n
BN.PR.Z<\/td>\nFixedReset Prem<\/td>\n6.04 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 5.15 %<\/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
BN.PR.R<\/td>\nFixedReset Disc<\/td>\n108,515<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.36
\nEvaluated at bid price : 23.16
\nBid-YTW : 5.78 %<\/td>\n<\/tr>\n
PWF.PR.L<\/td>\nPerpetual-Discount<\/td>\n86,500<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.53
\nEvaluated at bid price : 21.79
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n80,585<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.91
\nEvaluated at bid price : 24.15
\nBid-YTW : 5.83 %<\/td>\n<\/tr>\n
MFC.PR.C<\/td>\nInsurance Straight<\/td>\n77,700<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 20.90
\nEvaluated at bid price : 20.90
\nBid-YTW : 5.44 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n72,415<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.59
\nEvaluated at bid price : 21.85
\nBid-YTW : 5.36 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n62,289<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 21.39
\nEvaluated at bid price : 21.72
\nBid-YTW : 6.33 %<\/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
CU.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.40 – 24.34
\nSpot Rate : 1.9400
\nAverage : 1.6888<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 22.12
\nEvaluated at bid price : 22.40
\nBid-YTW : 5.94 %<\/td>\n<\/tr>\n

POW.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.10 – 24.70
\nSpot Rate : 0.6000
\nAverage : 0.3790<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.85
\nEvaluated at bid price : 24.10
\nBid-YTW : 5.84 %<\/td>\n<\/tr>\n

IFC.PR.F<\/td>\nInsurance Straight<\/td>\nQuote: 23.50 – 24.10
\nSpot Rate : 0.6000
\nAverage : 0.3920<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.68 %<\/td>\n<\/tr>\n

GWO.PR.N<\/td>\nFixedReset Ins Non<\/td>\nQuote: 18.70 – 19.20
\nSpot Rate : 0.5000
\nAverage : 0.3143<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 18.70
\nEvaluated at bid price : 18.70
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n

ELF.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.50 – 24.00
\nSpot Rate : 0.5000
\nAverage : 0.3185<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.87 %<\/td>\n<\/tr>\n

PWF.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 24.40 – 24.97
\nSpot Rate : 0.5700
\nAverage : 0.4282<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-04-14
\nMaturity Price : 24.15
\nEvaluated at bid price : 24.40
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

US wholesale inflation popped: Fast-rising oil prices sent US businesses\u2019 costs higher in March, lifting wholesale inflation to 4%, the highest annual rate in three years, according to Bureau of Labor Statistics data released Tuesday. …<\/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-51795","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51795","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=51795"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51795\/revisions"}],"predecessor-version":[{"id":51796,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/51795\/revisions\/51796"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=51795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=51795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=51795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}