Canadian dollar weakens as benchmark government debt yield climbs
The Canadian dollar weakened versus the U.S. dollar as benchmark government debt yields climbed. USDCAD was down 0.2% at C$1.3883, after trading in a range of 1.3846 to 1.3888.
The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.2% lower at C$1.3883 to the greenback, or 72.03 U.S. cents, after trading in a range of 1.3846 to 1.3888.Canadian government 10-year bond yields…