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Home Currency News

CANADA FX DEBT – Canadian dollar weakens, benchmark yield slips -October 11, 2023 at 09:00 am EDT

currencycoach by currencycoach
October 11, 2023
in Currency News
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CANADA FX DEBT – Canadian dollar weakens, benchmark yield slips -October 11, 2023 at 09:00 am EDT
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The Canadian dollar weakened against the greenback on Wednesday,
and the yield on benchmark government debt slipped.
The loonie was trading 0% lower at C$1.3586 to the
greenback, or 73.61 U.S. cents, after trading in a range of
1.3572 to 1.3613.
Canadian government 10-year bond yields fell 6.6
basis points to 3.937%. The yield on similar U.S. government
benchmark debt fell to 4.5747%.
U.S. November crude futures fell 97 cents to $85 a barrel
on Wednesday.
The value of building permits in Canada rose 3.4% in August,
Statistics Canada said.



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Tags: BenchmarkCanadaCanadiandebtDollarEDTOctoberslipsWeakensyield
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