CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

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

The loonie CAD= was trading 0.6% higher at C$1.4173 to the greenback, or 70.56 U.S. cents, after trading in a range of 1.4157 to 1.4273.

Canadian government 10-year bond yields CA10YT=RR rose 6.9 basis points to 3.206%. The yield on similar U.S. government benchmark debt rose to 4.4524%.

U.S. May crude CLc1 futures fell $3.37 to $56.21 a barrel on Wednesday.