Canadian dollar strengthens, benchmark yield climbs
TLT•The Canadian dollar rose 0.2% to C$1.3964 per U.S. dollar, while Canada’s 10-year government bond yield climbed 0.3 basis points to 3.805%. U.S. benchmark yields fell to 4.9392%, and December crude futures gained $1.89 to $103.89 a barrel.
1. Currency and bond moves
The Canadian dollar strengthened 0.2% to C$1.3964 per U.S. dollar, or 71.61 U.S. cents, after trading between C$1.3951 and C$1.3992. Canada’s 10-year government bond yield rose 0.3 basis points to 3.805%, while the comparable U.S. yield fell to 4.9392%. December crude futures rose $1.89 to $103.89 a barrel.
