Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0.1% to C$1.4039 per U.S. dollar, while Canadian 10-year government bond yields fell 1.5 basis points to 3.814%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Wednesday, trading at C$1.4039, or 71.23 U.S. cents, after moving between C$1.4027 and C$1.4068. Canadian 10-year government bond yields slipped 1.5 basis points to 3.814%, while similar U.S. benchmark yields rose to 4.9947%.
2. Oil futures rise
U.S. December crude futures rose $2.14 to $102.04 a barrel.
