U.S. Treasury yields were
higher on Friday after inflation data in Japan surprised on the
upside and following the release of the Federal Reserve's
favored inflation measure, the Personal Consumption Expenditures
(PCE) index, which was in line with expectations.
Government bond yields - which move inversely to prices -
have been rangebound over the past few days as investors await
clues on mone
The Canadian dollar
strengthened to its highest level in more than two months
against its American counterpart on Friday as investors cheered
U.S. data showing that inflation pressures have eased.