CANADA FX DEBT - Canadian dollar weakens, benchmark yield climbs
The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed.
The loonie CAD= was trading 0.2% lower at C$1.4403 to the greenback, or 69.43 U.S. cents, after trading in a range of 1.4376 to 1.4413.
Canadian government 10-year bond yields CA10YT=RR rose 0.3 basis points to 3.309%. The yield on similar U.S. government benchmark debt rose to 4.6273%.
U.S. March crude CLc1 futures rose 13 cents to $75.57 a barrel on Thursday.
Canadian retail sales fell 0.0% in December from November. Analysts polled by Reuters had expected retail sales growth of 0.2%.Excluding autos, retail sales fell 0.7% in December, Statistics Canada said. Analysts had forecast December sales, excluding autos, to be up 0.1%.
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