Canadian bond prices lower

With no major domestic economic data, bond prices were lower on Friday as money flowed to equity markets and as US treasuries slipped on looming supply next week. The two-year Canada bond was down 1 Canadian cent at C$100.53 to yield 0.993 percent, while the 10-year bond fell 18 Canadian cents to C$106.32 to yield 3.019 percent.
The 30-year bond fell back 25 Canadian cents to C$121.30 to yield 3.765 percent. In the United States, the 30-year treasury yielded 3.8738 percent. Canadian bonds outperformed their US counterparts across the curve. The Canadian 30-year bond yield was 10.9 basis points below its US counterpart, compared with about 4 basis points below on Thursday.