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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

ReutersAug 28, 2025 7:00 PM

The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt slipped.

The loonie CAD= was trading 0.3% higher at C$1.3745 to the greenback, or 72.75 U.S. cents, after trading in a range of 1.3742 to 1.3791.

Canadian government 10-year bond yields CA10YT=RR fell 2.4 basis points to 3.428%. The yield on similar U.S. government benchmark debt fell to 4.2072%.

U.S. October crude CLc1 futures rose 45 cents to settle at $64.6 a barrel on Thursday.

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