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CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

ReutersJan 9, 2025 2:01 PM

The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt slipped.

The loonie CAD= was trading 0.2% lower at C$1.4394 to the greenback, or 69.47 U.S. cents, after trading in a range of 1.4366 to 1.4403.

Canadian government 10-year bond yields CA10YT=RR fell 0.5 basis points to 3.32%. The yield on similar U.S. government benchmark debt fell to 4.6566%.

U.S. February crude CLc1 futures rose 37 cents to $73.69 a barrel on Thursday.

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