CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs

By Reuters News

The Canadian dollar weakened against the greenback on Wednesday, and the yield on benchmark government debt climbed.

The loonie was trading 0.4% lower at C$1.4265 to the greenback, or 70.1 U.S. cents, after trading in a range of 1.4198 to 1.4268.

Canadian government 10-year bond yields rose 7.5 basis points to 3.943%. The yield on similar U.S. government benchmark debt rose to 5.3272%.

U.S. November crude futures rose $1.56 to $95.7 a barrel on Wednesday.

The value of building permits in Canada rose 8.8% in August, Statistics Canada said.

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