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Home Currency News

CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs -October 25, 2023 at 09:00 am EDT

currencycoach by currencycoach
October 25, 2023
in Currency News
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2020 FINANCIAL MARKETS DEPARTMENT HALF YEAR ACTIVITY REPORT
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The Canadian dollar weakened against the greenback on Wednesday,
and the yield on benchmark government debt climbed.
The loonie was trading 0.2% lower at C$1.3769 to the
greenback, or 72.63 U.S. cents, after trading in a range of
1.3731 to 1.3783.
Canadian government 10-year bond yields rose 7.4
basis points to 4.092%. The yield on similar U.S. government
benchmark debt rose to 4.8888%.
U.S. December crude futures rose 15 cents to $83.89 a
barrel on Wednesday.



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Tags: BenchmarkCanadaCanadianClimbsdebtDollarEDTOctoberWeakensyield
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