January 13, 2025
CANADA FX DEBT – Canadian dollar strengthens, benchmark yield climbs #CanadaFinance

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

CashNews.co

The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt climbed.

The loonie was trading 0% higher at C$1.4064 to the greenback, or 71.1 U.S. cents, after trading in a range of 1.4053 to 1.4083.

Canadian government 10-year bond yields rose 4.3 basis points to 3.161%. The yield on similar U.S. government benchmark debt rose to 4.275%.

U.S. January crude futures rose 36 cents to $70.3 a barrel on Wednesday.