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The S&P/TSX Composite Index fell nearly 0.5% to below 35,500, weighed down by losses from major banks and miners. Global yields remained elevated near multi-year highs amid concerns over persistent energy-driven inflation, rising fiscal risks and increasing debt issuance linked to artificial intelligence. Credit-sensit
The S&P/TSX Composite Index fell 0.2% to close at 35,155 on Thursday, weighed down by losses in the mining and banking sectors amid elevated global bond yields. Canada’s 10-year government bond yield remained near multi-year highs despite pulling back from recent peaks. Major banks closed lower, with RBC down 0.7% and