Currency
CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs – 2024-04-01
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The Canadian dollar weakened against the greenback on Monday,
and the yield on benchmark government debt climbed.
The loonie was trading 0.2% lower at C$1.3559 to the
greenback, or 73.75 U.S. cents, after trading in a range of
1.3516 to 1.357.
Canadian government 10-year bond yields rose 5.3
basis points to 3.519%. The yield on similar U.S. government
benchmark debt rose to 4.2517%.
U.S. May crude futures rose 45 cents to $83.62 a barrel
on Monday.
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