TSX drops 1.7 percent amid rising bond yields
Canada main stock index fell 1.7 percent to its lowest level in two and a half months. Financial and metal mining shares led the declines as bond yields climbed and trade uncertainty persisted.
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Canada's benchmark stock index fell 607.65 points, or 1.7%, to 35,041.86 during Wednesday's afternoon session, marking its steepest decline in four months. The drop reflects mounting pressure from elevated bond yields and trade uncertainty across North American markets. For investors, the selloff signals broadening headwinds for cyclical sectors as macroeconomic and geopolitical friction intensifies.
