Canadian dollar strengthens, benchmark yields climb

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The Canadian dollar strengthened against the greenback on

Monday, and the yield on benchmark government debt climbed.

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The loonie was trading 0.2% higher at C$1.3006 to the

greenback, or 76.89 U.S. cents, after trading in a range of

1.2991 to 1.3075.

Canadian government 10-year bond yields rose 8.4

basis points to 3.101%. The yield on similar U.S. government

benchmark debt rose to 3.1098%.

U.S. October crude futures rose $3.95 to settle at $97.01

a barrel on Monday​.