TSX futures fall on rate hike fears

Canadian stock futures declined as higher oil prices and rising Treasury yields heightened investor anxiety over prolonged high interest rates. Markets now await upcoming Federal Reserve minutes for further monetary policy clues.

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The Art Deco facade of the original Toronto Stock Exchange building is seen on Bay Street in Toronto, Ontario, Canada January 23, 2019. REUT/Chris Helgren

Canada's S&P/TSX index futures fell 0.41% on Wednesday morning as higher yields and Brent Crude Oil prices fueled rate-hike anxiety. The pullback followed a session where the main index reached an 11-day high, driven by utility and metal mining shares. Investors are now recalibrating risk exposure ahead of key central bank policy releases.

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