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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersMar 3, 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 0.4% higher at C$1.441 to the greenback, or 69.4 U.S. cents, after trading in a range of 1.4401 to 1.4466.

Canadian government 10-year bond yields CA10YT=RR rose 4.9 basis points to 2.949%. The yield on similar U.S. government benchmark debt rose to 4.2367%.

U.S. April crude CLc1 futures rose 33 cents to $70.09 a barrel on Monday.

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