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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

ReutersFeb 28, 2025 2:00 PM

The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped.

The loonie CAD= was trading 0.2% higher at C$1.4414 to the greenback, or 69.38 U.S. cents, after trading in a range of 1.4404 to 1.4453.

Canadian government 10-year bond yields CA10YT=RR fell 1.7 basis points to 2.95%. The yield on similar U.S. government benchmark debt fell to 4.2368%.

U.S. April crude CLc1 futures fell 86 cents to $69.49 a barrel on Friday.

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