CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

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

The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped.

The loonie was trading 0.1% lower at C$1.385 to the greenback, or 72.2 U.S. cents, after trading in a range of 1.3817 to 1.3864.

Canadian government 10-year bond yields fell 3.3 basis points to 3.287%. The yield on similar U.S. government benchmark debt fell to 4.1783%.

U.S. September crude futures fell $1.35 to settle at $75.81 a barrel on Monday.