Canadian Dollar Weakens Ahead of Bank of Canada Rate Decision as Bond Yields Spike

The Canadian dollar declined against major currencies while the 10-year government bond yield reached a two-year peak, setting the stage for the central bank's upcoming interest rate announcement.

1 Sept, 20:22 — 1 Sept, 20:22

Post Share

Sources

Showing 1 of 1 sources

globe-and-mailHigh3d ago

Canadian dollar weakens ahead of BoC rate decision, 10-year yield hits a two-year high

A sell-off in global bond markets help underpin domestic borrowing costs ahead of a ⁠Bank of Canada interest rate decision

Read full article →

Canadian Dollar Weakens Ahead of Bank of Canada Rate Decision as Bond Yields Spike

Sources

Canadian dollar weakens ahead of BoC rate decision, 10-year yield hits a two-year high

Related Stories

Strong U.S. Payrolls Report Fuels Fed Rate Hike Expectations

DBRS Upgrades Greece’s Economic Outlook to Positive From Stable

Trump Petitions Supreme Court to Approve Mail-In Ballot Changes for Midterms

Strong Quarterly Earnings Drive Stock Surges for Quanex and Planet Labs