Canadian Dollar Strengthens as Benchmark Government Bond Yield Slips
The Canadian dollar strengthened against the U.S. dollar, while the 10-year Canadian government bond yield slipped. USD/CAD traded at C$1.4051, or 71.17 U.S. cents.
The Canadian dollar strengthened against the greenback on Wednesday, and the yield on benchmark government debt slipped.The loonie FX_IDC:USDCAD was trading 0% higher at C$1.4051 to the greenback, or 71.17 U.S. cents, after trading in a range of 1.4039 to 1.4067.Canadian government 10-year bond yie…