Actual
3.9250
Daily Change
-0.07%
Monthly
0.27%
Yearly
0.70%
Q3 Forecast
3.9221
Canada 10-Year Government Bond Yield - Summary

Canada’s 10-year government bond yield eased to around 3.92% after touching a near three-year high of 4% on September 24th, as falling oil prices halted a sharp sell-off in global bonds. Lower oil prices tempered inflation concerns, pausing the broader bond-market selloff. Expectations that diplomatic efforts involving Iran and the US could make progress toward reopening the Strait of Hormuz drove oil lower. The latest decline in the 10-year yield therefore marks a partial reversal of the week’s bond-market selloff, although yields remain substantially above levels seen earlier in September. The BoC also faces inflation concerns as energy prices remain elevated. Meanwhile, Canadian retail sales likely increased 1.3% month over month in August, rebounding from a decline in July, according to estimates. This would mark the strongest gain since January. Stronger retail sales could signal resilient domestic demand, adding further upward pressure on yields.

Canada 10-Year Government Bond Yield - Stats

The yield on Canada 10Y Bond Yield eased to 3.93% on September 25, 2026, marking a 0.07 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.27 points and is 0.70 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Historically, the Canada 10-Year Government Bond Yield reached an all time high of 12.44 in March of 1985. Canada 10-Year Government Bond Yield - data, forecasts, historical chart - was last updated on September 27 of 2026.

Canada 10-Year Government Bond Yield - Forecast

The yield on Canada 10Y Bond Yield eased to 3.93% on September 25, 2026, marking a 0.07 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.27 points and is 0.70 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. The Canada 10-Year Government Bond Yield is expected to trade at 3.92 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 3.67 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.93 -0.073% 0.268% 0.697% Sep/25
Canada 1M 2.36 0.052% 0.077% -0.068% Sep/25
Canada 52W 2.99 -0.035% 0.325% 0.535% Sep/25
Canada 20Y 4.14 -0.061% 0.196% 0.565% Sep/25
Canada 2Y 3.34 -0.092% 0.400% 0.834% Sep/25
Canada 30Y 4.22 -0.060% 0.134% 0.550% Sep/25
Canada 3M 2.40 0% 0.125% -0.045% Sep/25
Canada 3Y 3.43 -0.093% 0.406% 0.886% Sep/25
Canada 5Y 3.64 -0.086% 0.377% 0.848% Sep/25
Canada 6M 2.58 -0.020% 0.205% 0.150% Sep/25
Canada 7Y 3.68 -0.083% 0.319% 0.713% Sep/25



Related Last Previous Unit Reference
Canada Inflation Rate 3.00 3.00 percent Aug 2026
Canada Interest Rate 2.25 2.25 percent Sep 2026
Canada Unemployment Rate 6.40 6.40 percent Aug 2026

Canada 10-Year Government Bond Yield
Generally, a government bond is issued by a national government and is denominated in the country`s own currency. Bonds issued by national governments in foreign currencies are normally referred to as sovereign bonds. The yield required by investors to loan funds to governments reflects inflation expectations and the likelihood that the debt will be repaid.
Actual Previous Highest Lowest Dates Unit Frequency
3.93 4.00 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canada 10-Year Yield Eases From 3-Year High
Canada’s 10-year government bond yield eased to around 3.92% after touching a near three-year high of 4% on September 24th, as falling oil prices halted a sharp sell-off in global bonds. Lower oil prices tempered inflation concerns, pausing the broader bond-market selloff. Expectations that diplomatic efforts involving Iran and the US could make progress toward reopening the Strait of Hormuz drove oil lower. The latest decline in the 10-year yield therefore marks a partial reversal of the week’s bond-market selloff, although yields remain substantially above levels seen earlier in September. The BoC also faces inflation concerns as energy prices remain elevated. Meanwhile, Canadian retail sales likely increased 1.3% month over month in August, rebounding from a decline in July, according to estimates. This would mark the strongest gain since January. Stronger retail sales could signal resilient domestic demand, adding further upward pressure on yields.
2026-09-25
Canada 10Y Bond Yield Hits 34-month High
Canada 10 Year Government Bond Yield increased to 3.99%, the highest since November 2023. Over the past 4 weeks, Canada 10Y Bond Yield gained 36.30 basis points, and in the last 12 months, it increased 75.40 basis points.
2026-09-24
Canada 10-Year Yield Nears Three-Year High
Canada’s 10-year government bond yield rose to around 3.95% in September, nearing a three-year high as energy-driven inflation concerns persisted. Oil prices rose after a five-week halt in the rally that followed the US-Iran war, amid uncertainty over diplomatic efforts to end the conflict and reopen the Strait of Hormuz. Strong US economic data also strengthened expectations that the Fed could deliver another rate hike this year. US Treasury yields soared to multi-decade highs, further pressuring Canadian bonds as domestic yields tend to track US rates. Fed projections showed that most policymakers expect another hike before the end of 2026. The Bank of Canada kept its key policy rate unchanged at 2.25% at its September meeting, as widely expected. However, it noted that inflation risks had increased, while new tariffs had made the growth outlook more uncertain. Governor Macklem said policymakers were prepared to raise rates if inflation remained elevated.
2026-09-23