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

The loonie FX_IDC:USDCAD was trading 0.1% lower at C$1.4218 to the greenback, or 70.33 U.S. cents, after trading in a range of 1.42 to 1.4222.

Canadian government 10-year bond yields (CA10YT=RR) rose 1.1 basis points to 3.43%. The yield on similar U.S. government benchmark debt rose to 4.4932%.

U.S. August crude NYMEX:CL1! futures rose 60 cents to $69.15 a barrel on Tuesday.