CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

Reuters
23 Dec 2024

The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed. The loonie was trading 0.4% lower at C$1.443 to the greenback, or 69.3 U.S. cents, after trading in a range of 1.435 to 1.4432. Canadian government 10-year bond yields rose 0.8 basis points to 3.285%. The yield on similar U.S. government benchmark debt rose to 4.5564%. U.S. February crude futures fell 36 cents to $69.1 a barrel on Monday.

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