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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersOct 23, 2025 1:00 PM

The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.

The loonie CAD= was trading 0% higher at C$1.3991 to the greenback, or 71.47 U.S. cents, after trading in a range of 1.3988 to 1.4004.

Canadian government 10-year bond yields CA10YT=RR rose 1.1 basis points to 3.081%. The yield on similar U.S. government benchmark debt rose to 3.9817%.

U.S. December crude CLc1 futures rose $3.1 to $61.6 a barrel on Thursday.

Canadian retail sales rose 1.0% in September from August. Analysts polled by Reuters had expected retail sales growth of 1.0%.Excluding autos, retail sales rose 0.7% in September, Statistics Canada said. Analysts had forecast September sales, excluding autos, to be up 1.3%.

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