Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0% to C$1.4051 per U.S. dollar, while Canadian 10-year government bond yields fell 3.2 basis points to 3.861%.
1. Currency and bond moves
The Canadian dollar strengthened against the U.S. dollar on Wednesday, trading at C$1.4051 per U.S. dollar, or 71.17 U.S. cents, after ranging from 1.4039 to 1.4067. Canadian 10-year government bond yields fell 3.2 basis points to 3.861%; comparable U.S. yields fell to 5.0898%.
2. Crude futures
U.S. December crude futures fell 39 cents to $97.43 a barrel.
