CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips
The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped.
The loonie CAD= was trading 0.2% higher at C$1.4338 to the greenback, or 69.74 U.S. cents, after trading in a range of 1.4339 to 1.4383.
Canadian government 10-year bond yields CA10YT=RR fell 5.1 basis points to 3.015%. The yield on similar U.S. government benchmark debt rose to 4.3197%.
U.S. April crude CLc1 futures rose 90 cents to $68.08 a barrel on Monday.
Canadian housing starts in Februaryfell more than expected to 229,000 units from a revised 239,300 units the previous month, the Canadian Mortgage and Housing Corporation (CMHC) said.
A survey of 12 economists polled by Reuters had forecast February housing starts rising to 246.2,000 units.
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