CANADA FX DEBT - Canadian dollar strengthens, benchmark yield climbs

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

The loonie CAD= was trading 0.1% higher at C$1.3592 to the greenback, or 73.57 U.S. cents, after trading in a range of 1.3567 to 1.3651.

Canadian government 10-year bond yields CA10YT=RR rose 4.7 basis points to 3.377%. The yield on similar U.S. government benchmark debt rose to 4.4224%.

U.S. July crude CLc1 futures rose $4.94 to settle at $72.98 a barrel on Friday.

Canadian factory sales fell 2.8% in April from the previous month, Statistics Canada said. Analysts polled by Reuters had expected factory sales to drop 2.0%.