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

The loonie was trading 0.1% higher at C$1.3937 to the greenback, or 71.75 U.S. cents, after trading in a range of 1.3938 to 1.3971.

Canadian government 10-year bond yields fell 1 basis points to 3.175%. The yield on similar U.S. government benchmark debt fell to 4.1036%.

U.S. November crude futures rose 85 cents to $62.58 a barrel on Wednesday.