The Canadian dollar strengthened against the greenback on Monday, and the yield on benchmark government debt slipped.
The loonie was trading 0% higher at C$1.3691 to the greenback, or 73.04 U.S. cents, after trading in a range of 1.3682 to 1.3709.
Canadian government 10-year bond yields fell 0.5 basis points to 3.444%. The yield on similar U.S. government benchmark debt rose to 4.2658%.
U.S. May crude futures rose $4.52 to $88.37 a barrel on Monday.
Canada's annual inflation rate accelerated to 2.4% in March, up from 1.8% in February, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2.6%
