The yield on Canada's 10-year government bond fell to about 3.60% from an over one-month high of 3.66% on July 23rd as the oil rally paused, easing energy-driven inflation concerns. Meanwhile, Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%. Gasoline prices increased at a slower pace, while the Bank of Canada's preferred core inflation measures fell to their lowest levels in more than five years, reinforcing the BoC's view that higher energy costs stemming from the Middle East oil supply crisis are not spreading broadly throughout the economy. The softer inflation data also reduced expectations of further Bank of Canada interest rate hikes this year.

The yield on Canada 10Y Bond Yield eased to 3.55% on July 28, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.07 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 July 28 of 2026.

The yield on Canada 10Y Bond Yield eased to 3.55% on July 28, 2026, marking a 0.01 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.17 points and is 0.07 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 3.56 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 3.38 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.55 -0.012% 0.171% 0.072% Jul/28
Canada 1M 2.27 0.010% 0.020% -0.458% Jul/28
Canada 52W 2.65 -0.005% 0.105% -0.120% Jul/28
Canada 20Y 3.81 -0.012% 0.163% 0.082% Jul/28
Canada 2Y 2.85 -0.019% 0.120% 0.076% Jul/28
Canada 30Y 3.93 -0.008% 0.156% 0.140% Jul/28
Canada 3M 2.29 -0.005% 0.015% -0.395% Jul/28
Canada 3Y 2.97 -0.018% 0.144% 0.143% Jul/28
Canada 5Y 3.17 -0.011% 0.172% 0.134% Jul/28
Canada 6M 2.38 -0.013% 0.047% -0.308% Jul/28
Canada 7Y 3.27 -0.011% 0.176% 0.009% Jul/28



Related Last Previous Unit Reference
Canada Inflation Rate 2.80 3.20 percent Jun 2026
Canada Interest Rate 2.25 2.25 percent Jul 2026
Canada Unemployment Rate 6.50 6.60 percent Jun 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
3.55 3.56 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canadian Bond Yield Eases as Oil Rally Stalls
The yield on Canada's 10-year government bond fell to about 3.60% from an over one-month high of 3.66% on July 23rd as the oil rally paused, easing energy-driven inflation concerns. Meanwhile, Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%. Gasoline prices increased at a slower pace, while the Bank of Canada's preferred core inflation measures fell to their lowest levels in more than five years, reinforcing the BoC's view that higher energy costs stemming from the Middle East oil supply crisis are not spreading broadly throughout the economy. The softer inflation data also reduced expectations of further Bank of Canada interest rate hikes this year.
2026-07-24
Canada 10Y Bond Yield Hits 8-week High
Canada 10 Year Government Bond Yield increased to 3.60%, the highest since May 2026. Over the past 4 weeks, Canada 10Y Bond Yield gained 15.40 basis points, and in the last 12 months, it increased 3.00 basis points.
2026-07-22
Canadian Bond Yield Edges Higher
The yield on Canada's 10-year government bond rose above 3.57% in July, the highest in two months, as investors weighed rising US Treasury yields against soft Canadian inflation data. US bond yields increased as tensions between the US and Iran escalated over the weekend, sending oil prices higher before they pared most of their gains following comments from Iran's foreign ministry indicating that negotiations with the US could continue. Meanwhile, Canada's annual inflation rate eased to 2.8% in June 2026 from 3.2% in May, slightly below forecasts of 2.9%. Gasoline prices increased at a slower pace, while the Bank of Canada's preferred core inflation measures fell to their lowest levels in more than five years, reinforcing the BoC's view that the impact of higher energy costs stemming from the Middle East oil supply crisis is not spreading broadly throughout the economy. The softer inflation data reduced expectations of further Bank of Canada interest rate hikes this year.
2026-07-20