Markets
Fear Seen All Over Canada Market Hit By Virus, Economy Chill
- The S&P/TSX Composite erased this year’s gain on Wednesday
- Loonie at weakest since June, bond yields plunge to record low
Photographer: Kiyoshi Ota/Bloomberg
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Canada’s stock market rally has cracked. Volatility has spiked. And investors have been piling into government bonds, pushing yields to record lows.
Anxiety is everywhere for investors in the nation’s markets as the coronavirus outbreak and protests that hobbled rail traffic are magnifying concerns about an economic slowdown.