Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0.4% to C$1.4053 per U.S. dollar, while the 10-year Canadian government bond yield fell 4.7 basis points to 3.915%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Tuesday, trading at C$1.4053 per dollar, or 71.16 U.S. cents, after ranging from C$1.4039 to C$1.411. The 10-year Canadian government bond yield fell 4.7 basis points to 3.915%; the comparable U.S. yield was 5.1105%. U.S. crude futures rose $1.90 to $105.56 a barrel.
