The Canadian bond prices, which have been under pressure the past few days, continued to retreat on the wholesale trade data and on stronger Canadian stocks on Friday. The S&P/TSX composite index rose 0.41 percent to 13,515.96 during the session, eating into the safe-haven bid that typically lifts government debt prices.
The two-year bond fell 14 Canadian cents to C$101.01 to yield 3.184 percent. The 10-year bond slid 17 Canadian cents to C$103.70 to yield 3.796 percent. The yield spread between the two-year and 10-year bond was 61.2 basis points, down from 67.0 basis points. The 30-year bond lost 28 Canadian cents to C$114.07 for a yield of 4.158 percent. In the United States, the 30-year treasury yielded 4.663 percent. The three-month when-issued T-bill yielded 2.37 percent, up from 2.33 percent at the previous close.