{"id":52162,"date":"2026-07-10T20:09:10","date_gmt":"2026-07-11T00:09:10","guid":{"rendered":"https:\/\/prefblog.com\/?p=52162"},"modified":"2026-07-10T20:09:10","modified_gmt":"2026-07-11T00:09:10","slug":"july-10-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52162","title":{"rendered":"July 10, 2026"},"content":{"rendered":"

The TXPR Price Index set a new 52-week high today of 712.48, edging the previous mark of 712.22 set yesterday. <\/p>\n

In addition, ZPR set a new 52-week high today of 12.94, edging the previous mark of 12.935 set yesterday, and CPD at 14.21 beat yesterday’s 52-week high of 14.18.<\/p>\n

In today’s employment news<\/a>:<\/p>\n

Employers added 18,000 jobs in June, Statistics Canada said Friday, mostly in part-time and private sector work.
…<\/b>
Statscan said workers aged 15 to 24 added 33,000 jobs last month, coming off what\u2019s been a tough labour market for youth. Workers aged 25 to 54 saw similar gains while older members of the labour market faced losses.<\/p>\n

Overall growth was concentrated in part-time work as well as the food and accommodation and retail sectors of the economy, according to Statscan.
…<\/b>
Elsewhere in the economy, manufacturing shed 17,000 positions last month. The industry is down some 61,000 jobs since a recent peak in January 2025 as U.S. tariffs continue to weigh on the sector, StatCan said.
…<\/b>
As of Friday at noon, financial market odds were around 90 per cent in favour of an interest rate hold from the central bank next week, according to LSEG Data & Analytics.<\/p>\n

All told, overall employment was up by 99,000 positions year-over-year in June with growth concentrated in the private sector.<\/p>\n

Average hourly wages rose 3.3 per cent annually in June, up from three per cent in May.<\/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>\n0.3058 %<\/td>\n2,637.8<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.3058 %<\/td>\n4,967.3<\/td>\n<\/tr>\n
Floater<\/td>\n5.48 %<\/td>\n5.58 %<\/td>\n38,985<\/td>\n14.57<\/td>\n3<\/td>\n0.3058 %<\/td>\n2,862.7<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0238 %<\/td>\n3,627.6<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.80 %<\/td>\n4.97 %<\/td>\n62,450<\/td>\n2.69<\/td>\n5<\/td>\n-0.0238 %<\/td>\n4,332.1<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.0238 %<\/td>\n3,380.1<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n5.71 %<\/td>\n-2.15 %<\/td>\n57,572<\/td>\n0.09<\/td>\n7<\/td>\n-0.4342 %<\/td>\n3,069.4<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.56 %<\/td>\n5.58 %<\/td>\n43,079<\/td>\n14.48<\/td>\n27<\/td>\n-0.2993 %<\/td>\n3,396.1<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.67 %<\/td>\n5.86 %<\/td>\n97,383<\/td>\n13.99<\/td>\n19<\/td>\n0.1594 %<\/td>\n3,351.2<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.44 %<\/td>\n5.49 %<\/td>\n51,079<\/td>\n14.64<\/td>\n20<\/td>\n0.1883 %<\/td>\n3,303.3<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1594 %<\/td>\n4,091.8<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n5.92 %<\/td>\n4.53 %<\/td>\n80,228<\/td>\n2.28<\/td>\n29<\/td>\n-0.0547 %<\/td>\n2,656.3<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1594 %<\/td>\n3,425.6<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.26 %<\/td>\n5.27 %<\/td>\n52,006<\/td>\n13.92<\/td>\n14<\/td>\n0.1658 %<\/td>\n3,247.1<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\n-3.02 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.82
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.75 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.73
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
GWO.PR.I<\/td>\nInsurance Straight<\/td>\n-2.10 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 20.56
\nEvaluated at bid price : 20.56
\nBid-YTW : 5.52 %<\/td>\n<\/tr>\n
GWO.PR.Y<\/td>\nInsurance Straight<\/td>\n-1.19 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 20.75
\nEvaluated at bid price : 20.75
\nBid-YTW : 5.47 %<\/td>\n<\/tr>\n
FTS.PR.H<\/td>\nFixedReset Disc<\/td>\n1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 20.09
\nEvaluated at bid price : 20.09
\nBid-YTW : 5.66 %<\/td>\n<\/tr>\n
BN.PR.T<\/td>\nFixedReset Disc<\/td>\n1.05 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.32
\nEvaluated at bid price : 23.13
\nBid-YTW : 5.80 %<\/td>\n<\/tr>\n
ENB.PR.Y<\/td>\nFixedReset Disc<\/td>\n1.08 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.63
\nEvaluated at bid price : 23.36
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
MFC.PR.B<\/td>\nInsurance Straight<\/td>\n1.11 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.55
\nEvaluated at bid price : 22.80
\nBid-YTW : 5.13 %<\/td>\n<\/tr>\n
ENB.PR.H<\/td>\nFixedReset Disc<\/td>\n1.25 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 23.22
\nEvaluated at bid price : 24.21
\nBid-YTW : 5.57 %<\/td>\n<\/tr>\n
MFC.PR.L<\/td>\nFixedReset Ins Non<\/td>\n1.28 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 23.49
\nEvaluated at bid price : 25.30
\nBid-YTW : 5.27 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n1.74 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 21.00
\nEvaluated at bid price : 21.00
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
PWF.PR.P<\/td>\nFixedReset Disc<\/td>\n2.82 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 21.10
\nEvaluated at bid price : 21.10
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
GWO.PR.G<\/td>\nInsurance Straight<\/td>\n5.51 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 23.48
\nEvaluated at bid price : 23.75
\nBid-YTW : 5.51 %<\/td>\n<\/tr>\n<\/table>\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
PWF.PR.R<\/td>\nPerpetual-Discount<\/td>\n90,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 24.34
\nEvaluated at bid price : 24.65
\nBid-YTW : 5.58 %<\/td>\n<\/tr>\n
CU.PR.K<\/td>\nPerpetual-Premium<\/td>\n17,800<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 24.75
\nEvaluated at bid price : 25.16
\nBid-YTW : 5.62 %<\/td>\n<\/tr>\n
GWO.PF.A<\/td>\nPerpetual-Premium<\/td>\n16,600<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2035-06-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : 5.70 %<\/td>\n<\/tr>\n
FTS.PR.M<\/td>\nFixedReset Prem<\/td>\n12,233<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-12-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.23
\nBid-YTW : 5.42 %<\/td>\n<\/tr>\n
There were 0 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
MIC.PR.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.45 – 25.99
\nSpot Rate : 2.5400
\nAverage : 1.4268<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 23.19
\nEvaluated at bid price : 23.45
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n

ENB.PR.D<\/td>\nFixedReset Disc<\/td>\nQuote: 23.00 – 24.90
\nSpot Rate : 1.9000
\nAverage : 1.1681<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.61
\nEvaluated at bid price : 23.00
\nBid-YTW : 6.04 %<\/td>\n<\/tr>\n

NA.PR.I<\/td>\nFixedReset Prem<\/td>\nQuote: 26.65 – 27.65
\nSpot Rate : 1.0000
\nAverage : 0.5971<\/p>\n

YTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2029-05-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 26.65
\nBid-YTW : 4.73 %<\/td>\n<\/tr>\n

PWF.PR.F<\/td>\nPerpetual-Discount<\/td>\nQuote: 22.82 – 23.74
\nSpot Rate : 0.9200
\nAverage : 0.5454<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.56
\nEvaluated at bid price : 22.82
\nBid-YTW : 5.75 %<\/td>\n<\/tr>\n

BN.PF.E<\/td>\nFixedReset Disc<\/td>\nQuote: 23.73 – 24.50
\nSpot Rate : 0.7700
\nAverage : 0.4606<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.76
\nEvaluated at bid price : 23.73
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n

GWO.PR.Q<\/td>\nInsurance Straight<\/td>\nQuote: 22.55 – 23.59
\nSpot Rate : 1.0400
\nAverage : 0.8296<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-07-10
\nMaturity Price : 22.28
\nEvaluated at bid price : 22.55
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

The TXPR Price Index set a new 52-week high today of 712.48, edging the previous mark of 712.22 set yesterday. In addition, ZPR set a new 52-week high today of 12.94, edging the previous mark …<\/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-52162","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52162","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=52162"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52162\/revisions"}],"predecessor-version":[{"id":52163,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52162\/revisions\/52163"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}