Futures tracking Canadian stocks moved lower Tuesday as rising global bond yields and higher oil prices pressured markets. Renewed hostilities in the Middle East lifted crude prices, prompting investors to reassess expectations for central-bank interest-rate hikes. A speech by US Fed Chair Warsh at Jackson Hole on Friday reiterated the central bank’s focus on fighting inflation and raised expectations for a rate hike this month. The BoC (Canada’s central bank) is expected to leave rates unchanged Wednesday, but Canada’s 10-year government bond yield reached a near two-week high. Higher borrowing costs weighed on financial and other credit-sensitive stocks, while lower gold prices pressured mining shares. Gold-miner rallies have been the main driver of the TSX’s recent monthly gains.