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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersFeb 4, 2025 2:00 PM

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

The loonie CAD= was trading 0.3% higher at C$1.438 to the greenback, or 69.54 U.S. cents, after trading in a range of 1.4382 to 1.4503.

Canadian government 10-year bond yields CA10YT=RR rose 7.8 basis points to 3.094%. The yield on similar U.S. government benchmark debt rose to 4.5875%.

U.S. March crude CLc1 futures fell $2.01 to $71.15 a barrel on Tuesday.

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