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Canada's TSX Index Reaches 11-Day High on Easing Bond Yields

Canada's main stock index, the S&P/TSX Composite Index, climbed to an 11-day high on Tuesday, driven by gains in utilities and metal mining shares. The rally was supported by a recent easing of the global bond market sell-off and news of a significant deal creating one of Canada's top power providers.

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Canada's main stock index rose to an 11-day high on Tuesday, led by utilities and metal mining shares, as the recent sell-off in the global bond market eased and after a deal that will create one of Canada's top power providers. The Toronto Stock Exchange's S&P/TSX Com…