Canadian Stocks Fall as Bond Yields Climb on Hotter US Inflation
- TSX ends down 0.8% at 19,500.24 after five straight days of gains
- Utilities fall 2.5%, real estate down 1.5% on rising bond yields
- Materials group loses 1.7% as gold and copper prices fall
- Canadian 10-year yield rises 11.6 basis points to 4.042%
- Hotter than expected US inflation pushes yields higher, clouds Fed outlook