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Futures tracking Canada’s stock market edged lower on Tuesday amid surging oil prices and rising bond yields. Domestic 10-year sovereign yields approached the 4% threshold, not far from their highest since 2007. The prospect of higher interest rates is expected to pressure credit-sensitive stocks. Meanwhile, gold price
Canada stock-index futures move lower as rising oil prices, higher yields and weaker gold pressure financials and miners, while July producer inflation in Canada surges 12.4%.