CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

ReutersMay 28, 2025 1:00 PM

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

The loonie CAD= was trading 0.2% lower at C$1.3837 to the greenback, or 72.27 U.S. cents, after trading in a range of 1.3802 to 1.3839.

Canadian government 10-year bond yields CA10YT=RR rose 1.9 basis points to 3.276%. The yield on similar U.S. government benchmark debt rose to 4.4456%.

U.S. July crude CLc1 futures rose 89 cents to $61.78 a barrel on Wednesday.

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