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$1.3587 to the greenback, or 73.6 U.S. cents, after trading in a range of 1.3567 to 1.36.

Canadian government 10-year bond yields fell 2.9 basis points to 2.877%. The yield on similar U.S. government benchmark debt rose to 3.6513%.

U.S. October crude futures rose $1.01 to $69.66 a barrel on Monday.

Canadian factory sales rose 1.4% in July from the previous month, Statistics Canada said. Analysts polled by Reuters had expected factory sales growth of 1.1%.