Canadian dollar weakens, benchmark yield slips
TLT•The Canadian dollar weakened to C$1.3979 per U.S. dollar on Thursday, while Canada’s 10-year government bond yield fell 0.1 basis points to 3.699%.
1. Currency and bond yields
The Canadian dollar weakened against the U.S. dollar on Thursday, trading at C$1.3979 per greenback, or 71.54 U.S. cents, after moving between C$1.3943 and C$1.3983. Canada's 10-year government bond yield fell 0.1 basis points to 3.699%, while the yield on comparable U.S. debt rose to 4.9044%.
2. Crude oil
U.S. December crude futures rose $1.26 to $89.38 a barrel.
