nov 16 reuters  canada’s main stock index rose on tuesday as commodityfocused shares led gains although a rise in treasury and domestic bond yields following strong us retail sales and signs of a slowdown in the local housing market capped gains at 951 am et 1451 gmt the toronto stock exchange’s sptsx composite index was up 4521 points or 021 at 2172829 canada’s benchmark bond yield touched its highest level since may 2019 at 1777 before dipping to 174 up 2 basis points bps on the day while the benchmark treasury yield rose around 1 bps to 162 at 958 am et data showed us retail sales rose more than expected in october “if we suddenly see treasury yields to spike up and if they were to creep higher to touch the 2 mark that is a nearterm risk for the market coupled with the risk of inflation” said gregory taylor portfolio manager at purpose investments rising bond yields generally do not bode well for gold prices as it raises the opportunity cost of holding gold affecting risk sentiment for the commodityheavy stock index the energy sector climbed 02 even as us crude prices were down 07 a barrel while brent crude lost 04 the materials sector which includes precious and base metals miners and fertilizer companies added 01 producer prices in canada most likely rose by 13 in october from the previous month on higher prices for energy and petroleum products while data showed canadian housing starts fell 53 in october the tsx posted seven new 52week highs and one new low across all canadian issues there were 49 new 52week highs and 15 new lows with total volume of 4899 million shares reporting by shashank nayar in bengaluru editing by aditya soni and krishna chandra eluri