Canadian Dollar Gains 0.3% as Benchmark Government Bond Yield Rises
The loonie traded at C$1.4097 per U.S. dollar, or 70.94 U.S. cents, after moving within a 1.4071–1.4148 range. The Canadian 10-year government bond yield also climbed.
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.4097 to the greenback, or 70.94 U.S. cents, after trading in a range of 1.4071 to 1.4148.Canadian government 10-year bond yiel…