Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose to C$1.3985 per U.S. dollar, while the Canadian 10-year government bond yield fell 1.1 basis points to 3.743%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Tuesday, trading 0% higher at C$1.3985, or 71.51 U.S. cents, after ranging from C$1.3951 to C$1.3996. The Canadian 10-year government bond yield fell 1.1 basis points to 3.743%, while the comparable U.S. yield rose to 4.9187%.
2. Crude futures
U.S. December crude futures fell $1.83 to $94.63 a barrel.
