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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersApr 8, 2025 1:00 PM

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

The loonie CAD= was trading 0.6% higher at C$1.4163 to the greenback, or 70.61 U.S. cents, after trading in a range of 1.4151 to 1.4248.

Canadian government 10-year bond yields CA10YT=RR rose 3.3 basis points to 3.092%. The yield on similar U.S. government benchmark debt rose to 4.2179%.

U.S. May crude CLc1 futures rose 39 cents to $61.09 a barrel on Tuesday.

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