The Canadian dollar weakened against the greenback on Monday, and the yield on benchmark government debt slipped.

The loonie FX_IDC:USDCAD was trading 0.1% lower at C$1.4203 to the greenback, or 70.41 U.S. cents, after trading in a range of 1.4176 to 1.4209.

Canadian government 10-year bond yields (CA10YT=RR) fell 0.2 basis points to 3.384%. The yield on similar U.S. government benchmark debt rose to 4.3784%.

U.S. August crude NYMEX:CL1! futures rose 80 cents to $70.03 a barrel on Monday.