November 14, 2024
CANADA FX DEBT – Canadian dollar weakens, benchmark yield slips #CanadaFinance

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

CashNews.co

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$1.3948 to the greenback, or 71.69 U.S. cents, after trading in a range of 1.3933 to 1.3962.

Canadian government 10-year bond yields fell 3.8 basis points to 3.232%. The yield on similar U.S. government benchmark debt fell to 4.3804%.

U.S. December crude futures fell 16 cents to $67.96 a barrel on Wednesday.

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