{"id":52718,"date":"2026-10-15T21:03:07","date_gmt":"2026-10-16T01:03:07","guid":{"rendered":"https:\/\/prefblog.com\/?p=52718"},"modified":"2026-10-15T21:03:07","modified_gmt":"2026-10-16T01:03:07","slug":"october-15-2026","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=52718","title":{"rendered":"October 15, 2026"},"content":{"rendered":"

US wholesale inflation picked up<\/a>:<\/p>\n

US wholesale inflation jumped in September to its highest level in more than four years, marking the second hotter-than-expected inflation reading this week and adding to concerns about the economy just weeks before the midterm elections.<\/p>\n

The Producer Price Index rose 1.3% from the month before and 6.3% from the year before, according to Bureau of Labor Statistics data released Thursday morning. It\u2019s a sharp upswing from August when wholesale prices rose 0.5% to an annual rate of 5.6%.
…<\/b>
Energy prices, driven higher by geopolitical conflicts including the war with Iran, drove September\u2019s increase, accounting for 80% of the 2.9% leap in goods prices. That\u2019s the largest-ever monthly increase, according to BLS data that goes back to 2009.<\/p>\n

However, businesses are contending with price pressures beyond energy. Core PPI, which strips out food and energy, rose at 0.7%, its fastest rate in five months, lifting the annual rate to 5%, its highest since January 2023.<\/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>\n0.0339 %<\/td>\n2,778.2<\/td>\n<\/tr>\n
FixedFloater<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.0339 %<\/td>\n5,231.8<\/td>\n<\/tr>\n
Floater<\/td>\n5.28 %<\/td>\n5.33 %<\/td>\n27,133<\/td>\n14.97<\/td>\n2<\/td>\n0.0339 %<\/td>\n3,015.1<\/td>\n<\/tr>\n
OpRet<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3041 %<\/td>\n3,600.9<\/td>\n<\/tr>\n
SplitShare<\/td>\n4.82 %<\/td>\n5.20 %<\/td>\n56,096<\/td>\n2.45<\/td>\n5<\/td>\n-0.3041 %<\/td>\n4,300.2<\/td>\n<\/tr>\n
Interest-Bearing<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.3041 %<\/td>\n3,355.2<\/td>\n<\/tr>\n
Perpetual-Premium<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n0.1532 %<\/td>\n3,011.8<\/td>\n<\/tr>\n
Perpetual-Discount<\/td>\n5.81 %<\/td>\n5.85 %<\/td>\n49,446<\/td>\n14.12<\/td>\n32<\/td>\n0.1532 %<\/td>\n3,240.8<\/td>\n<\/tr>\n
FixedReset Disc<\/td>\n5.72 %<\/td>\n6.25 %<\/td>\n85,026<\/td>\n13.36<\/td>\n24<\/td>\n-0.1435 %<\/td>\n3,356.8<\/td>\n<\/tr>\n
Insurance Straight<\/td>\n5.73 %<\/td>\n5.80 %<\/td>\n65,872<\/td>\n14.21<\/td>\n19<\/td>\n0.4466 %<\/td>\n3,140.6<\/td>\n<\/tr>\n
FloatingReset<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1435 %<\/td>\n4,098.7<\/td>\n<\/tr>\n
FixedReset Prem<\/td>\n6.01 %<\/td>\n4.48 %<\/td>\n77,290<\/td>\n1.95<\/td>\n24<\/td>\n-0.1280 %<\/td>\n2,626.7<\/td>\n<\/tr>\n
FixedReset Bank Non<\/td>\n0.00 %<\/td>\n0.00 %<\/td>\n0<\/td>\n0.00<\/td>\n0<\/td>\n-0.1435 %<\/td>\n3,431.3<\/td>\n<\/tr>\n
FixedReset Ins Non<\/td>\n5.60 %<\/td>\n5.46 %<\/td>\n49,368<\/td>\n4.30<\/td>\n13<\/td>\n0.0734 %<\/td>\n3,250.9<\/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
Performance Highlights<\/strong><\/td>\n<\/tr>\n
Issue<\/td>\nIndex<\/td>\nChange<\/td>\nNotes<\/td>\n<\/tr>\n
CU.PR.J<\/td>\nPerpetual-Discount<\/td>\n-6.41 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n
BN.PR.N<\/td>\nPerpetual-Discount<\/td>\n-3.39 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.08
\nEvaluated at bid price : 19.08
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n
BN.PF.B<\/td>\nFixedReset Disc<\/td>\n-2.46 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.61
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n
BN.PF.E<\/td>\nFixedReset Disc<\/td>\n-2.24 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 22.91
\nEvaluated at bid price : 24.00
\nBid-YTW : 6.15 %<\/td>\n<\/tr>\n
PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\n-1.73 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n
POW.PR.I<\/td>\nPerpetual-Discount<\/td>\n-1.45 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.79 %<\/td>\n<\/tr>\n
IFC.PR.E<\/td>\nInsurance Straight<\/td>\n-1.17 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 22.47
\nEvaluated at bid price : 22.73
\nBid-YTW : 5.76 %<\/td>\n<\/tr>\n
IFC.PR.M<\/td>\nPerpetual-Discount<\/td>\n-1.01 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 24.12
\nEvaluated at bid price : 24.50
\nBid-YTW : 5.65 %<\/td>\n<\/tr>\n
POW.PR.C<\/td>\nPerpetual-Discount<\/td>\n1.00 %<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2026-11-14
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.15
\nBid-YTW : -1.49 %<\/td>\n<\/tr>\n
PWF.PR.Z<\/td>\nPerpetual-Discount<\/td>\n1.06 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.69
\nEvaluated at bid price : 21.94
\nBid-YTW : 5.88 %<\/td>\n<\/tr>\n
BN.PR.M<\/td>\nPerpetual-Discount<\/td>\n1.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.82
\nEvaluated at bid price : 19.82
\nBid-YTW : 6.05 %<\/td>\n<\/tr>\n
CU.PR.D<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.81
\nEvaluated at bid price : 22.05
\nBid-YTW : 5.63 %<\/td>\n<\/tr>\n
POW.PR.G<\/td>\nPerpetual-Discount<\/td>\n1.15 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.54
\nEvaluated at bid price : 23.81
\nBid-YTW : 5.91 %<\/td>\n<\/tr>\n
POW.PR.B<\/td>\nPerpetual-Discount<\/td>\n1.21 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.15
\nEvaluated at bid price : 23.41
\nBid-YTW : 5.74 %<\/td>\n<\/tr>\n
GWO.PR.M<\/td>\nInsurance Straight<\/td>\n1.31 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 24.57
\nEvaluated at bid price : 24.82
\nBid-YTW : 5.89 %<\/td>\n<\/tr>\n
GWO.PR.Q<\/td>\nInsurance Straight<\/td>\n1.34 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.76
\nEvaluated at bid price : 22.01
\nBid-YTW : 5.90 %<\/td>\n<\/tr>\n
PWF.PR.E<\/td>\nPerpetual-Discount<\/td>\n1.47 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.20
\nEvaluated at bid price : 23.50
\nBid-YTW : 5.86 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n2.12 %<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\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
PVS.PR.N<\/td>\nSplitShare<\/td>\n362,091<\/td>\nYTW SCENARIO
\nMaturity Type : Hard Maturity
\nMaturity Date\t: 2033-09-29
\nMaturity Price : 25.00
\nEvaluated at bid price : 24.77
\nBid-YTW : 5.48 %<\/td>\n<\/tr>\n
BN.PF.I<\/td>\nFixedReset Prem<\/td>\n147,798<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-03-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.20
\nBid-YTW : 4.14 %<\/td>\n<\/tr>\n
BN.PF.A<\/td>\nFixedReset Prem<\/td>\n126,263<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2028-09-30
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.69
\nBid-YTW : 5.43 %<\/td>\n<\/tr>\n
BN.PF.M<\/td>\nFixedReset Prem<\/td>\n98,912<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2031-01-01
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.23
\nBid-YTW : 5.50 %<\/td>\n<\/tr>\n
BN.PF.J<\/td>\nFixedReset Prem<\/td>\n98,187<\/td>\nYTW SCENARIO
\nMaturity Type : Call
\nMaturity Date\t: 2027-12-31
\nMaturity Price : 25.00
\nEvaluated at bid price : 25.45
\nBid-YTW : 4.93 %<\/td>\n<\/tr>\n
MFC.PR.F<\/td>\nFixedReset Ins Non<\/td>\n22,300<\/td>\nYTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.15
\nEvaluated at bid price : 21.15
\nBid-YTW : 5.82 %<\/td>\n<\/tr>\n
There were 6 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.J<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.70 – 21.90
\nSpot Rate : 2.2000
\nAverage : 1.5014<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.70
\nEvaluated at bid price : 19.70
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n

PWF.PF.A<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.31 – 20.60
\nSpot Rate : 1.2900
\nAverage : 0.7997<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.31
\nEvaluated at bid price : 19.31
\nBid-YTW : 5.85 %<\/td>\n<\/tr>\n

POW.PR.D<\/td>\nPerpetual-Discount<\/td>\nQuote: 21.95 – 23.20
\nSpot Rate : 1.2500
\nAverage : 0.8778<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 21.70
\nEvaluated at bid price : 21.95
\nBid-YTW : 5.72 %<\/td>\n<\/tr>\n

BN.PR.N<\/td>\nPerpetual-Discount<\/td>\nQuote: 19.08 – 20.02
\nSpot Rate : 0.9400
\nAverage : 0.6008<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 19.08
\nEvaluated at bid price : 19.08
\nBid-YTW : 6.29 %<\/td>\n<\/tr>\n

BN.PF.B<\/td>\nFixedReset Disc<\/td>\nQuote: 24.61 – 25.75
\nSpot Rate : 1.1400
\nAverage : 0.8213<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.33
\nEvaluated at bid price : 24.61
\nBid-YTW : 6.28 %<\/td>\n<\/tr>\n

POW.PR.H<\/td>\nPerpetual-Discount<\/td>\nQuote: 23.55 – 25.00
\nSpot Rate : 1.4500
\nAverage : 1.1954<\/p>\n

YTW SCENARIO
\nMaturity Type : Limit Maturity
\nMaturity Date\t: 2056-10-15
\nMaturity Price : 23.23
\nEvaluated at bid price : 23.55
\nBid-YTW : 6.13 %<\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

US wholesale inflation picked up: US wholesale inflation jumped in September to its highest level in more than four years, marking the second hotter-than-expected inflation reading this week and adding to concerns about the economy …<\/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-52718","post","type-post","status-publish","format-standard","hentry","category-market-action"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52718","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=52718"}],"version-history":[{"count":1,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52718\/revisions"}],"predecessor-version":[{"id":52720,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/52718\/revisions\/52720"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52718"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52718"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52718"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}