The Canadian dollar weakened against the greenback on Tuesday, and the yield on benchmark government debt slipped.
The loonie was trading 0.3% lower at C$1.3662 to the greenback, or 73.2 U.S. cents, after trading in a range of 1.3615 to 1.3664.
Canadian government 10-year bond yields fell 4.8 basis points to 3.584%. The yield on similar U.S. government benchmark debt fell to 4.4198%.
U.S. June crude futures fell $1.15 to $78.65 a barrel on Tuesday.
Canada's annual inflation rate eased to 2.7% in April, down from 2.9% in March, Statistics Canada said. Analysts polled by Reuters had expected an annual rate of 2.7%