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CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

Reuters
Updated
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 Monday, and the yield on benchmark government debt slipped.

The loonie was trading 0% lower at C$1.364 to the greenback, or 73.31 U.S. cents, after trading in a range of 1.3625 to 1.3647.

Canadian government 10-year bond yields fell 4.3 basis points to 3.456%. The yield on similar U.S. government benchmark debt fell to 4.2686%.

U.S. August crude futures fell 83 cents to settle at $82.33 a barrel on Monday.