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CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

ReutersJan 29, 2025 2:00 PM

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

The loonie CAD= was trading 0.5% lower at C$1.4466 to the greenback, or 69.13 U.S. cents, after trading in a range of 1.4393 to 1.447.

Canadian government 10-year bond yields CA10YT=RR fell 2.5 basis points to 3.176%. The yield on similar U.S. government benchmark debt fell to 4.5223%.

U.S. March crude CLc1 futures fell 38 cents to $73.39 a barrel on Wednesday.

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