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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersFeb 24, 2025 2:00 PM

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

The loonie CAD= was trading 0% higher at C$1.4215 to the greenback, or 70.35 U.S. cents, after trading in a range of 1.4183 to 1.4228.

Canadian government 10-year bond yields CA10YT=RR rose 2.8 basis points to 3.136%. The yield on similar U.S. government benchmark debt rose to 4.4448%.

U.S. April crude CLc1 futures fell 20 cents to $70.2 a barrel on Monday.

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