Forex News

CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs

2024.08.06 10:09

The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. 

© Reuters. FILE PHOTO: A Canadian dollar coin, commonly known as the

The was trading 0.1% lower at C$1.3839 to the greenback, or 72.26 U.S. cents, after trading in a range of 1.3794 to 1.3855.

Canadian government yields rose 5.1 basis points to 3.052%. The yield on similar U.S. government benchmark debt rose to 3.8296%.

U.S. September crude futures fell 47 cents to $72.47 a barrel on Tuesday.



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