CANADA FX DEBT - Canadian dollar weakens, benchmark yield slips

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

The loonie CAD= was trading 0.1% lower at C$1.4038 to the greenback, or 71.24 U.S. cents, after trading in a range of 1.4017 to 1.404.

Canadian government 10-year bond yields CA10YT=RR fell 1.7 basis points to 3.217%. The yield on similar U.S. government benchmark debt fell to 4.1347%.

U.S. December crude CLc1 futures rose 18 cents to $60.27 a barrel on Monday.

Canada's annual inflation rate eased to 2.2% in October, down from 2.4% in September, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2.1%