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CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

ReutersMay 7, 2025 1:00 PM

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

The loonie CAD= was trading 0.2% lower at C$1.3802 to the greenback, or 72.45 U.S. cents, after trading in a range of 1.3764 to 1.3806.

Canadian government 10-year bond yields CA10YT=RR fell 0.9 basis points to 3.141%. The yield on similar U.S. government benchmark debt fell to 4.316%.

U.S. June crude CLc1 futures rose 9 cents to $59.18 a barrel on Wednesday.

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