Canadian dollar weakens, benchmark yield slips
TLT•The Canadian dollar fell 0.1% to C$1.4018 per U.S. dollar, while Canadian 10-year government bond yields slipped 2.9 basis points to 3.818%.
1. Currency and bond moves
The Canadian dollar weakened against the U.S. dollar on Monday, trading at C$1.4018, or 71.34 U.S. cents, after moving between C$1.3999 and C$1.4048. The yield on similar U.S. benchmark debt fell to 4.9842%. U.S. December crude futures fell $2.10 to $101.17 a barrel.
