The Canadian dollar strengthened against the greenback on
Tuesday, and the yield on benchmark government debt climbed.
The loonie was trading 0.3% higher at C$1.3678 to the
greenback, or 73.11 U.S. cents, after trading in a range of
1.3652 to 1.375.
Canadian government 10-year bond yields rose 6.7
basis points to 2.847%. The yield on similar U.S. government
benchmark debt rose to 3.6358%.
U.S. April crude futures fell $3.47 to settle at $71.33 a
barrel on Tuesday..
Canadian factory sales rose 4.1% in January from January,
Statistics Canada said. Analysts polled by Reuters had expected
factory sales growth of 3.9%.
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