Canadian dollar strengthens, benchmark yield slips

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 Canadian dollar strengthens, benchmark yield slips
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The Canadian dollar strengthened against the greenback on Friday, and the yield on benchmark government debt slipped. The loonie was trading 0.1% higher at C...

FILE PHOTO: A Canadian dollar coin, commonly known as the"Loonie", is pictured in this illustration picture taken in Toronto

Canadian government 10-year bond yields fell 8.6 basis points to 3.022%. The yield on similar U.S. government benchmark debt fell to 3.86%.Open Source: For certain careers, NC’s best graduate schools are its community colleges The July jobs report confirmed fears that the economy could be in for a sharp slowdown. Markets expect faster Fed rate cuts, but S&P 500 futures fell.HONG KONG, August 02, 2024--AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of "bbb" of Hyundai Insurance Co., Ltd. .

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