Canadian dollar strengthens, benchmark yield climbs
TLT•Canadian dollar and benchmark yield move higher
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed.
TLT•TLT•TLT•The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.2% higher at C$1.385 to the greenback, or 72.2 U.S. cents, after trading in a range of 1.3851 to 1.3876.
Canadian government 10-year bond yields CA10YT=RR rose 3.7 basis points to 3.713%. The yield on similar U.S. government benchmark debt rose to 4.71%.
U.S. September crude CLc1 futures rose 67 cents to $83.07 a barrel on Monday.
