December 12, 2024
CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips #CanadaFinance

CANADA FX DEBT – Canadian dollar strengthens, benchmark yield slips #CanadaFinance

Financial Insights That Matter

The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped.

The loonie was trading 0.3% higher at C$1.3834 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.382 to 1.3946.

Canadian government 10-year bond yields fell 11 basis points to 2.998%. The yield on similar U.S. government benchmark debt fell to 3.6894%.

U.S. September crude futures fell $1.07 to $72.45 a barrel on Monday.

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