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CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersMay 8, 2025 1:00 PM

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

The loonie CAD= was trading 0.4% lower at C$1.3888 to the greenback, or 72 U.S. cents, after trading in a range of 1.3814 to 1.3898.

Canadian government 10-year bond yields CA10YT=RR rose 4 basis points to 3.14%. The yield on similar U.S. government benchmark debt rose to 4.2926%.

U.S. June crude CLc1 futures rose 73 cents to $58.8 a barrel on Thursday.

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