Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0.4% to C$1.3949 per U.S. dollar, while Canada’s 10-year government bond yield fell 3.9 basis points to 3.742%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Wednesday, trading at C$1.3949, or 71.69 U.S. cents, after ranging from C$1.3931 to C$1.4014. The yield on comparable U.S. government debt fell to 4.9147%. December U.S. crude futures fell $2.81 to $93.28 a barrel.
