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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersFeb 26, 2025 2:00 PM

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

The loonie CAD= was trading 0.3% lower at C$1.4352 to the greenback, or 69.68 U.S. cents, after trading in a range of 1.4295 to 1.4357.

Canadian government 10-year bond yields CA10YT=RR rose 0.1 basis points to 2.995%. The yield on similar U.S. government benchmark debt fell to 4.2944%.

U.S. April crude CLc1 futures fell 18 cents to $68.75 a barrel on Wednesday.

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