Canadian dollar strengthens, benchmark yield slips
TLT•The Canadian dollar rose 0.1% to C$1.4034 per U.S. dollar on Thursday, while Canadian 10-year government bond yields fell 5.2 basis points to 3.813%.
1. Currency and bond moves
The loonie traded 0.1% higher at C$1.4034 to the U.S. dollar, or 71.26 U.S. cents, after moving between C$1.4015 and C$1.4049. Canadian 10-year government bond yields fell 5.2 basis points to 3.813%; comparable U.S. yields fell to 5.0357%.
2. Crude futures rise
U.S. December crude futures rose $2.63 to $99.78 a barrel on Thursday.
