TSX Futures Fall Amid Bond Selloff and Oil Surge

Canadas stock futures retreated as surging oil prices and rising U.S. Treasury yields unnerved investors globally. Markets awaited the Federal Reserves upcoming interest rate decision while monitoring Canadian bond yields.

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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. REUTERS/Chris Helgren

Canada futures fell 0.65% on Tuesday morning as surging energy costs and rising global bond yields pressured equities. The pullback mirrors a broader market retreat across United States exchanges. Investors are positioning portfolios ahead of central bank decisions.

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