Canada futures drop to three-month low on yields
Canadian stock index futures slipped to a three-month low as rising bond yields and climbing oil prices deepened investor inflation concerns. Markets anticipate further interest rate hikes from central banks following recent economic pressures.
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Futures tied to Canada's main stock index fell 0.52% during Thursday morning trade, hitting a three-month low. The decline follows surging bond yields and energy costs that heightened investor concerns over persistent inflation. United States benchmark yields and rising oil prices continue to pressure equity valuations across North American markets.
