(Adds facts all through, updates rates)
* Loonie trades in a variety of 1.2079 to 1.2125
* Value of U.S. oil settles .6% larger
* Canada sells $3.5 billion of a 5-yr U.S. dollar world wide
* Canadian 10-calendar year yield touches a 6-working day substantial at 1.551%
TORONTO, May perhaps 11 (Reuters) - The Canadian greenback steadied
against its U.S. counterpart on Tuesday, keeping around its
strongest level in 3-1/2 many years as increased commodity charges extra
to investors' worries about the outlook for inflation.
U.S. stocks fell as speculation that mounting inflation
stress could prompt fascination amount hikes faster relatively than
afterwards dragged on shares.
Canada is a significant producer of commodities, including oil.
U.S. crude oil futures settled .6% better at $65.28,
bolstered by lingering fears of gasoline shortages owing to an
outage at the greatest U.S. fuel pipeline method right after a