CANADA FX DEBT - Canadian dollar strengthens, benchmark yield slips

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

The loonie CAD= was trading 0.1% higher at C$1.4071 to the greenback, or 71.07 U.S. cents, after trading in a range of 1.4044 to 1.411.

Canadian government 10-year bond yields CA10YT=RR fell 1.8 basis points to 3.186%. The yield on similar U.S. government benchmark debt fell to 4.3489%.

U.S. May crude CLc1 futures fell $2.04 to $60.31 a barrel on Thursday.

The value of building permits in Canada rose 2.9% in February, Statistics Canada said.