{"id":899,"date":"2007-06-08T14:25:05","date_gmt":"2007-06-08T18:25:05","guid":{"rendered":"http:\/\/www.prefblog.com\/?p=899"},"modified":"2007-06-08T14:25:05","modified_gmt":"2007-06-08T18:25:05","slug":"take-a-deep-breath","status":"publish","type":"post","link":"https:\/\/prefblog.com\/?p=899","title":{"rendered":"Take a deep breath &#8230;"},"content":{"rendered":"<p>The sky is not falling.<\/p>\n<div align=\"center\">\n<table border=\"1\">\n<tr>\n<th colspan=\"2\">V122544: SELECTED GOVERNMENT OF CANADA BENCHMARK BOND YIELDS: LONG-TERM<\/th>\n<\/tr>\n<tr>\n<td colspan=\"2\">Low 11\/2006 4.02<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Average 05\/2006 &#8211; 05\/2007 4.26<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">High 06\/2006 4.67<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">05\/2006<\/td>\n<td align=\"center\"><strong>4.50<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">06\/2006<\/td>\n<td align=\"center\"><strong>4.67<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">07\/2006<\/td>\n<td align=\"center\"><strong>4.45<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">08\/2006<\/td>\n<td align=\"center\"><strong>4.20<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">09\/2006<\/td>\n<td align=\"center\"><strong>4.07<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">10\/2006<\/td>\n<td align=\"center\"><strong>4.24<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">11\/2006<\/td>\n<td align=\"center\"><strong>4.02<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">12\/2006<\/td>\n<td align=\"center\"><strong>4.10<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">01\/2007<\/td>\n<td align=\"center\"><strong>4.22<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">02\/2007<\/td>\n<td align=\"center\"><strong>4.09<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">03\/2007<\/td>\n<td align=\"center\"><strong>4.21<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">04\/2007<\/td>\n<td align=\"center\"><strong>4.20<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">05\/2007<\/td>\n<td align=\"center\"><strong>4.39<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">06\/2007<\/td>\n<td align=\"center\"><strong>Not available<\/strong><\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">V122518: OTHER BONDS: AVERAGE WEIGHTED YIELD (SCOTIA CAPITAL INC.) &#8211; ALL CORPORATES LONG-TERM<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Low 11\/2006 5.11<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">Average 05\/2006 &#8211; 05\/2007 5.37<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\">High 06\/2006 5.81<\/td>\n<\/tr>\n<tr>\n<td align=\"center\">05\/2006<\/td>\n<td align=\"center\"><strong>5.60<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">06\/2006<\/td>\n<td align=\"center\"><strong>5.81<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">07\/2006<\/td>\n<td align=\"center\"><strong>5.60<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">08\/2006<\/td>\n<td align=\"center\"><strong>5.33<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">09\/2006<\/td>\n<td align=\"center\"><strong>5.18<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">10\/2006<\/td>\n<td align=\"center\"><strong>5.33<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">11\/2006<\/td>\n<td align=\"center\"><strong>5.11<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">12\/2006<\/td>\n<td align=\"center\"><strong>5.18<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">01\/2007<\/td>\n<td align=\"center\"><strong>5.28<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">02\/2007<\/td>\n<td align=\"center\"><strong>5.15<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">03\/2007<\/td>\n<td align=\"center\"><strong>5.27<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">04\/2007<\/td>\n<td align=\"center\"><strong>5.38<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">05\/2007<\/td>\n<td align=\"center\"><strong>5.63<\/strong><\/td>\n<\/tr>\n<tr>\n<td align=\"center\">06\/2007<\/td>\n<td align=\"center\"><strong>Not available<\/strong><\/td>\n<\/tr>\n<\/table>\n<\/div>\n<p>The above is from <a href=\"http:\/\/www.bankofcanada.ca\/en\/index.html\">The Bank of Canada<\/a>.<\/p>\n<p><a href=\"http:\/\/www.bankofcanada.ca\/en\/rates\/bonds.html\">Today&#8217;s data<\/a> shows long Canadas at 4.50%, long corporates at 5.64%.<\/p>\n<p>As I mentioned in the <a href=\"http:\/\/www.prefblog.com\/?p=898\">June 7 Comments<\/a>, recent events have\u00a0had a major effect on the preferred share market &#8230; first the <a href=\"http:\/\/www.prefblog.com\/?p=766\">BCE rumblings<\/a>, then <a href=\"http:\/\/www.prefblog.com\/?p=876\">tough talk from the Bank of Canada<\/a>.<\/p>\n<p>But as far as skyrocketting interest rates, doom and destruction are concerned? Yawn &#8230; another day of excited market chatter. Wake me up in time for the next end of the world, OK?\n<\/p>\n<p><!--fc00ded38d1ea331661606a06f74b59e--><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The sky is not falling. V122544: SELECTED GOVERNMENT OF CANADA BENCHMARK BOND YIELDS: LONG-TERM Low 11\/2006 4.02 Average 05\/2006 &#8211; 05\/2007 4.26 High 06\/2006 4.67 05\/2006 4.50 06\/2006 4.67 07\/2006 4.45 08\/2006 4.20 09\/2006 4.07 &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-899","post","type-post","status-publish","format-standard","hentry","category-miscellaneous-news"],"_links":{"self":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/899","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=899"}],"version-history":[{"count":0,"href":"https:\/\/prefblog.com\/index.php?rest_route=\/wp\/v2\/posts\/899\/revisions"}],"wp:attachment":[{"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=899"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prefblog.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}