US Dollar Extends Rally Against The Loonie as Treasury Yields Stay High

MT newswire2026/10/05 17:44

01:44 PM EDT, 10/05/2026 (MT Newswires) -- The US dollar pared gains after tapping an 18-month high against the Canadian currency on Monday afternoon, as US Treasury bond yields stayed elevated at multi-decade highs. The greenback was last seen up 0.1% at CA$1.4256, after reaching a session peak at CA$1.4294, the highest since April 2025. The US 10-year and 30-year treasury yields were still at more than 20-year highs: 10-year yields rose 7 basis points to 5.345%, while 30-year bonds climbed 7 basis points to 5.701%. Comex gold futures for December edged down 0.2% to $4,153.80 per ounce. Oil prices were also lower. West Texas Intermediate November futures benchmark fell 1.2% to $90.03 per barrel. December Brent crude futures slid 1.6% to $100.65 per barrel.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

You may also like

Rumor: Tesla (TSLA.US) and SpaceX (SPCX.US) plan Terafab monthly production of one million wafers, feasibility questioned

According to reports, Tesla (TSLA.US) and SpaceX (SPCX.US) plan to achieve a production capacity of 1 million semiconductor wafers per month at the proposed Terafab factory starting in 2032.

智通财经•2026/11/09 11:09

Eurozone Sentix Investor Confidence Index slips to 2.4 in November from 2.7 in October

FXStreet•2026/11/09 10:57

The UK Financial Conduct Authority allows banks to submit applications for crypto-related businesses.

AiCoin•2026/11/09 10:45

SoftBank develops contingency plans for slowdown in US data center business, considers shifting to other countries

A new twist has emerged in the US AI data center investment boom. SoftBank is preparing for cooling US demand and a deteriorating political environment, and does not rule out shifting data center construction priorities to other countries. As cross-border computing power delivery capability improves and investment returns come under question, the logic behind AI infrastructure expansion is loosening, and over $3.5 trillion in infrastructure investment now faces potential impairment risks.

华尔街见闻•2026/11/09 10:26