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Canadian dollar weakens, benchmark yield climbs

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The Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed. The loonie was trading 0.1% lower at ...

STORY CONTINUES BELOW THESE SALTWIRE VIDEOSThe Canadian dollar weakened against the greenback on Friday, and the yield on benchmark government debt climbed.

The loonie was trading 0.1% lower at C$1.3589 to the greenback, or 73.59 U.S. cents, after trading in a range of 1.357 to 1.3602. Canadian government 10-year bond yields rose 2 basis points to 3.711%. The yield on similar U.S. government benchmark debt rose to 4.2453%.

 

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