The Canadian dollar weakened against the greenback on Thursday, and the yield on benchmark government debt climbed.

The loonie was trading 0.2% lower at C$1.3834 to the greenback, or 72.29 U.S. cents, after trading in a range of 1.3803 to 1.3849.

Canadian government 10-year bond yields rose 5.1 basis points to 3.537%. The yield on similar U.S. government benchmark debt rose to 4.3699%.

U.S. May crude futures rose $4.09 to $94.41 a barrel on Thursday. Reference