CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

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

The loonie CAD= was trading 0% higher at C$1.431 to the greenback, or 69.88 U.S. cents, after trading in a range of 1.4309 to 1.4345.

Canadian government 10-year bond yields CA10YT=RR rose 2.8 basis points to 3.092%. The yield on similar U.S. government benchmark debt rose to 4.5312%.

U.S. March crude CLc1 futures rose $1.07 to $73.39 a barrel on Tuesday.

The value of building permits in Canada rose 11% in December, Statistics Canada said.