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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersDec 27, 2024 2:00 PM

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

The loonie CAD= was trading 0.1% higher at C$1.4394 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.4376 to 1.4415.

Canadian government 10-year bond yields CA10YT=RR rose 0.4 basis points to 3.299%. The yield on similar U.S. government benchmark debt rose to 4.601%.

U.S. February crude CLc1 futures rose 79 cents to $70.41 a barrel on Friday.

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