Canadian dollar weakens, benchmark yield climbs
TLT•Canadian dollar and benchmark yield move higher
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.2% lower at C$1.3825 to the greenback, or 72.33 U.S. cents, after trading in a range of 1.3801 to 1.3835.
Canadian government 10-year bond yields CA10YT=RR rose 5.6 basis points to 3.904%. The yield on similar U.S. government benchmark debt rose to 4.9178%.
U.S. October crude CLc1 futures rose $4 to $100.05 a barrel on Thursday.
