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MARKETS LIVE BLOG:

STOCKS TRADE MIXED AS INVESTORS KEEP WATCHFUL EYE ON ECONOMY

Concerns about recession heat up, fanned by a surprisingly weak reading on consumer confidence

CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

Reuters
FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto

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

The loonie was trading 0.1% lower at C$1.3449 to the greenback, or 74.35 U.S. cents, after trading in a range of 1.342 to 1.3455.

Canadian government 10-year bond yields rose 2.3 basis points to 2.981%. The yield on similar U.S. government benchmark debt rose to 3.7564%.

U.S. November crude futures fell $1.29 to $70.27 a barrel on Wednesday.