Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar was trading 0% higher at C$1.4218 per U.S. dollar, while Canadian 10-year government bond yields fell 5.9 basis points to 3.872%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Friday, trading at C$1.4218 per U.S. dollar, or 70.33 U.S. cents, after ranging from C$1.4208 to C$1.4245. Canadian 10-year government bond yields fell 5.9 basis points to 3.872%; similar U.S. benchmark yields fell to 5.178%.
2. Crude futures fall
U.S. November crude futures fell $3.71 to $89.16 a barrel on Friday.
