Canadian Dollar Gains 0.3% as Benchmark Bond Yield Climbs
The loonie traded at C$1.3972 per U.S. dollar, or 71.57 U.S. cents, after ranging from 1.3969 to 1.4018. The Canadian 10-year government bond yield also climbed.
The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt climbed.The loonie FX_IDC:USDCAD was trading 0.3% higher at C$1.3972 to the greenback, or 71.57 U.S. cents, after trading in a range of 1.3969 to 1.4018.Canadian government 10-year bond yiel…