CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

August 6, 2024 9:03 AM EDT

FILE PHOTO: A Canadian dollar coin, commonly known as the "Loonie", is pictured in this illustration picture taken in Toronto, January 23, 2015.REUTERS/Mark Blinch/File Photo

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$1.3839 to the greenback, or 72.26 U.S. cents, after trading in a range of 1.3794 to 1.3855.

Canadian government 10-year bond yields rose 5.1 basis points to 3.052%. The yield on similar U.S. government benchmark debt rose to 3.8296%.

U.S. September crude futures fell 47 cents to $72.47 a barrel on Tuesday.



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