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The 30-year bond yield was about 19basis points below the U

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The 30-year bond yield was about 19basis points below the U.S. The next Canadian data that could have an impact on bondsis Wednesday's consumer price index data for April, thoughrecent CPI reports have not had a big impact on bonds. yields) and that's been par for the course recently bothon the way up for yields and on the way down for yields." Porter also said sharp rallies in Canadian equities and theCanadian dollar likely offset each other in regards to havingany impact on the bond market. "The best way to look at it is over the two days, and onthat basis we saw a much milder rise in Canadian yields (thanU.S.

Treasurymarket fell on hopes that the recession was easing, whichlessened the appetite for secure government debt. "Some of what we saw today was a partial catch-up toyesterday's selloff in the U.S.," said Doug Porter, deputychief economist at BMO Capital Markets. [ID:nNN19431095] Murray said Canada has less needthan other countries to boost its economy with unusual stepssuch as printing money to buy assets BONDS PRICES SLIDE Canadian bond prices finished down across the curve in adelayed reaction to Monday's activity, when the U.S. Comments made by Bank of Canada Deputy Governor John Murrayduring a speech in Philadelphia had no noticeable impact on thecurrency. Oil prices ofteninfluence the direction of the Canadian dollar as oil is a keyexport of Canada. [ID:nN19444975] The price of oil rose as refinery problems in the UnitedStates stoked supply fears [ID:nSIN131895].

The currency's rise came alongside a 338-point, 3.5percent, rally in the Toronto Stock Exchange's S&P/TSXcomposite index .GSPTSE, a rise fueled partly by energyissues. By the end of the session the Canadian currency had easedslightly to C$1.1563 to the U.S dollar, or 86.48 U.S cents,up nearly 2 percent from C$1.1791 to the U.S dollar, or 84.81U.S cents, at Friday's close. "And obviously with the holiday yesterday I think a few ofthe participants may have been absent from the market." During the session, the Canadian dollar rose as highC$1.1523 to the U.S dollar, or 86.78 U.S cents, its highestlevel since May 11. equities on Monday, when Canadian marketswere closed for a holiday. The rally allowed the Canadian dollar to resume its ascentafter last week's 2.5 percent skid snapped a nine-week rally. "Canada played a little bit of catch-up in the sense thatsome of the other commodity currencies like the (Australian andNew Zealand dollars) have done a lot better," said SteveButler, director of foreign exchange trading at ScotiaCapital. The bulk of the currency's rise was credited to the rise inToronto's key stock index as Canadian stocks played catch-upwith a gain in U.S.

* C$ hits session high of 86.78 U.S. cents * Increased risk appetite fuels C$'s gain * Bond prices close lower across curve (Recasts) By Frank Pingue TORONTO, May 19 (Reuters) - Canada's currency shot to itshighest level in more than a week on Tuesday as a surge inCanadian equities, coupled with a rise in oil prices, gave abid to the commodity-linked currency. Added Smith, "I'm really looking forward to what comesnext."(Editing by Jim Loney; Editing by Will Dunham). It found ancientgalaxies that formed well before scientists believed it waspossible for them to exist. It also provided evidence of an anti-gravity force known as"dark energy" that is inflating all of space at a faster andfaster rate. "There's almost no area of astronomy that isn't in some waysignificantly impacted by Hubble," Leckrone said.

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