CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

The Canadian dollar strengthened against the greenback on Tuesday, and the yield on benchmark government debt slipped.

The loonie CAD= was trading 0.3% higher at C$1.401 to the greenback, or 71.38 U.S. cents, after trading in a range of 1.4008 to 1.4062.

Canadian government 10-year bond yields CA10YT=RR fell 2.5 basis points to 3.214%. The yield on similar U.S. government benchmark debt fell to 4.0922%.

U.S. December crude CLc1 futures fell 8 cents to $59.83 a barrel on Tuesday.

Canadian housing starts in Octoberfell more than expected to 232,800 units from a revised 279,200 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.

A survey of 11 economists polled by Reuters had forecast October housing starts falling to 265,000 units.