The Canadian stock market fell by more than 3.6% this week, while the yield on the 10-year Canadian bond rose by approximately 28 basis points.
The S&P/TSX Composite Index in Canada fell by 1.57%, closing at 33,083.72 points, with a total decline of 3.66% for the week. The small-cap stock index fell by 1.42%, closing at 1,370.57 points, with a total decline of 6.23% for the week. In the North American session on Friday, the yield on the Canadian 10-year benchmark government bond rose by 5.5 basis points to 3.405%, with a total increase of 27.8 basis points for the week.
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