CANADA FX DEBT – Canadian dollar weakens, benchmark yield climbs

The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt climbed. 

The loonie was trading 0.1% lower at C$1.3702 to the greenback, or 72.98 U.S. cents, after trading in a range of 1.368 to 1.3708.

Canadian government 10-year bond yields rose 2.7 basis points to 3.417%. The yield on similar U.S. government benchmark debt rose to 4.1297%.

U.S. February crude futures rose 30 cents to $58.38 a barrel on Tuesday.