BOC Gov Stephen Poloz says fin mkt messages..>

CANADA: BOC Gov Stephen Poloz says fin mkt messages consistent with 

BOC's econ outlk. Globl econ at stage where stimulus can be steadily 

withdrawn. Long-standing trend twd lwr bond ylds seems to be over. 

Higher bond ylds may reflect that mkts 2-sided again. US-China tariffs 

escalation of particular concern. So far have seen few signs that 

strains on some EM becoming generalized to all EM. Trade actions playing 

central role in fin market action. CBs ignore fin mkt prices 'at their 

peril'. Repeats trade risks are two-sided. Repeats rates will need to 

rise to neutral. If tried to guide mkt views to align them with BOC's 

own view, wld lose cross-validation from fin mkts. Speech at Canada-UK 

Chamber of Commerce in London, UK.