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Home Currency News

CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs

currencycoach by currencycoach
October 17, 2024
in Currency News
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CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs
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The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed. 

The loonie was trading 0.2% lower at C$1.3778 to the greenback, or 72.58 U.S. cents, after trading in a range of 1.3748 to 1.3793.

Canadian government 10-year bond yields rose 4.3 basis points to 3.145%. The yield on similar U.S. government benchmark debt rose to 4.067%.

U.S. November crude futures rose 18 cents to $70.57 a barrel on Thursday.



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Tags: BenchmarkCanadaCanadianClimbsdebtDollarWeakensyield
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