* Canadian dollar recovers to 97.47 U.S. cents * Carney"s speech makes no reference to current policy (Adds details) By Ka Yan Ng TORONTO, March 11 (Reuters) - The Canadian dollar made upalmost all its earlier decline against the greenback onThursday as riskier assets such as equities and crude oil paredlosses. There was little reaction in the currency after Bank ofCanada Governor Mark Carney"s speech to students in Ottawacontained no reference to the central bank"s current policy.[ID:nN11238970] At 2:30 p.m. (1930 GMT), the Canadian dollar was atC$1.0260 to the U.S. dollar, or 97.47 U.S. cents, downmarginally from Wednesday"s close at C$1.0259 to the U.S.dollar, or 97.48 U.S. cents. The currency"s early softness, which took it as low as96.86 U.S. cents, followed data showing a smaller U.S. tradedeficit, which had spurred choppy trading in the U.S. dollar. "Commodities and equities have really stabilized. I thinkthat"s part of the reason you saw no follow-through selling(from) earlier in the day. The markets are really just on holduntil the jobs numbers tomorrow," said Shane Enright, executivedirector, foreign exchange sales at CIBC World Markets. Canada is expected to have added 20,000 jobs in February,according to median forecasts in a Reuters survey.[ID:nN05244644] Bond prices were mixed on Thursday afternoon. Theshort-dated bonds were pressured by early domestic data thatwas stronger than expected and showed the recovery was heatingup quicker than some had expected. [ID:nN1180093] But the longer-term issues floated higher, alongside theirU.S. counterparts, after a well-bid auction of U.S. Treasurybonds. [US/] The two-year government bond CA2YT=RR was off 2 Canadiancents to C$99.92 to yield 1.544 percent, while the 10-year bondCA10YT=RR was up 15 Canadian cents at C$101.82 to yield 3.517percent. (Reporting by Ka Yan Ng;editing by Rob Wilson)
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