Loonie Rises Most Since May as Yields Jump on Strong Jobs Data

The Canadian dollar rose the most since May and yields on the nation’s debt jumped as surprisingly strong employment data triggered bets that the Bank of Canada will raise interest...

By Anya Andrianova, Carter Johnson · Bloomberg Markets

The Canadian dollar rose the most since May and yields on the nation’s debt jumped as surprisingly strong employment data triggered bets that the Bank of Canada will raise interest rates next year.