Canadian dollar weakens, benchmark yield slips
FXC•Canadian dollar and benchmark yield move lower
The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped.
The loonie CAD= was trading 0.1% lower at C$1.4107 to the greenback, or 70.89 U.S. cents, after trading in a range of 1.4071 to 1.4109.
Canadian government 10-year bond yields CA10YT=RR fell 4.3 basis points to 3.563%. The yield on similar U.S. government benchmark debt fell to 4.6467%.
U.S. September crude CLc1 futures fell $5.3 to $84.01 a barrel on Monday.
