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CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

ReutersFeb 20, 2025 2:00 PM

The Canadian dollar strengthened against the greenback on Thursday, and the yield on benchmark government debt climbed.

The loonie CAD= was trading 0.2% higher at C$1.4205 to the greenback, or 70.4 U.S. cents, after trading in a range of 1.4197 to 1.4244.

Canadian government 10-year bond yields CA10YT=RR rose 3 basis points to 3.207%. The yield on similar U.S. government benchmark debt fell to 4.5189%.

U.S. March crude CLc1 futures rose 35 cents to $72.6 a barrel on Thursday.

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