Canadian dollar weakens, benchmark yield climbs By Reuters

Canadian dollar weakens, benchmark yield climbs By Reuters


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

© Reuters. FILE PHOTO: A Canadian five-dollar bill is seen in this posed photograph in Montreal March 10, 2011. REUTERS/Shaun Best/File photo

The was trading 0.2% lower at C$1.3985 to the greenback, or 71.51 U.S. cents, after trading in a range of 1.3951 to 1.3999.

Canadian government yields rose 4.2 basis points to 3.377%. The yield on similar U.S. government benchmark debt rose to 4.4316%.

U.S. December crude futures rose 71 cents to $70.1 a barrel on Wednesday.





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