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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersDec 24, 2024 2:00 PM

The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed.

The loonie CAD= was trading 0.1% lower at C$1.4388 to the greenback, or 69.5 U.S. cents, after trading in a range of 1.437 to 1.4419.

Canadian government 10-year bond yields CA10YT=RR rose 1.8 basis points to 3.309%. The yield on similar U.S. government benchmark debt rose to 4.6189%.

U.S. February crude CLc1 futures rose 77 cents to $70.01 a barrel on Tuesday.

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