S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico MarketThe yield on Canada’s 10 year government bond hovered below 3.4%, holding below the late December peak of 3.47%, as softer domestic growth signals and a cooling labor market reinforced expectations that policy rates are near their cycle high. Recent data point to fading momentum into year end, with GDP tracking weaker in October and November and the unemployment rate rising to 6.8% in December as labor supply outpaced job creation, signaling loosening conditions. Wage growth has eased from prior highs, participation has risen, and employment gains have moderated, reducing upside risks to inflation and strengthening the case for a prolonged hold or eventual easing by the Bank of Canada. This shift has anchored the long end of the curve, with investors extending duration as the probability of additional hikes fades and term premiums compress. Global rates provided mild reinforcement after a softer US payrolls report kept Treasury yields contained.
