TSX S&P/TSX Composite falls as bond yields climb
Canada's benchmark S&P/TSX Composite ended down 607.65 points, with financials and metal mining shares leading declines as investors weighed elevated bond yields and trade uncertainty.
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TSX Falls as Banks and Miners Retreat
The S&P/TSX Composite Index fell more than 1% below 35,500 on Wednesday amid elevated oil prices and rising bond yields. Crude oil climbed on persistent risks to Middle Eastern energy flows, raising inflation concerns and reinforcing expectations of a prolonged higher-interest-rate environment. The move compounded the
TSX falls to nearly two-month low as gold slides, yields climb
S&P/TSX Composite Index ended down 0.9% at 35,489.86, its lowest close since July 31. Materials fell 3.7% and financials 0.7%; Canada's 10-year yield touched 4.017%, its highest since October 2023.