Weekly Bottom Line | Metals Mine

  • Weekly Bottom Line

    From economics.td.com Story is in PDF Format

    Rising energy prices this week pushed government bond yields higher, while equities traded water. At the time of writing, the S&P/TSX Composite was flat relative to last week, while the Government of Canada 10-year yield rose 10 basis points over the week. Oil prices were volatile, but finished higher, up roughly 2.4%, reflecting ongoing geopolitical risks and persistent supply concerns. Despite everything that’s going on, the near-term Canadian outlook is little changed. The Federal Government’s Spring Economic Update (SEU) didn’t materially alter the fiscal trajectory, while the Bank of Canada signalled that ... (full story)

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