Canadian dollar weakens, benchmark yield slips
TLT•The Canadian dollar fell 0.1% to C$1.4022 per U.S. dollar, while Canada’s 10-year government bond yield slipped 1.8 basis points to 3.817%.
1. Currency and bond moves
The Canadian dollar weakened against the U.S. dollar on Tuesday, trading 0.1% lower at C$1.4022, or 71.32 U.S. cents. Canada’s 10-year government bond yield fell 1.8 basis points to 3.817%, while the comparable U.S. yield rose to 4.9864%.
2. Oil prices
U.S. December crude futures fell 86 cents to $100.90 a barrel.
