Canadian dollar weakens, benchmark yield climbs
FXC•Canadian dollar and benchmark yield move lower
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.1% lower at C$1.3948 to the greenback, or 71.69 U.S. cents, after trading in a range of 1.3934 to 1.3964.
Canadian government 10-year bond yields CA10YT=RR rose 3.8 basis points to 3.681%. The yield on similar U.S. government benchmark debt rose to 4.6719%.
U.S. September crude CLc1 futures rose $1.51 to $79.69 a barrel on Monday.
