Canadian dollar weakens, benchmark yield climbs
TLT•The Canadian dollar weakened to C$1.3997 per U.S. dollar, while Canadian 10-year government bond yields rose 0.8 basis points to 3.866%. U.S. December crude futures fell $1.47 to $101.31 a barrel.
1. Currency and bond moves
The Canadian dollar weakened against the U.S. dollar on Thursday, trading at C$1.3997, or 71.44 U.S. cents, after ranging from 1.3971 to 1.4002. Canadian 10-year government bond yields rose 0.8 basis points to 3.866%, while comparable U.S. yields fell to 5.0031%; U.S. December crude futures fell $1.47 to $101.31 a barrel.
