Actual
3.7220
Daily Change
0.0440
Monthly
0.16%
Yearly
0.23%
Q3 Forecast
3.6475
Canada 10-Year Government Bond Yield - Summary

Canada’s 10-year government bond yield rose to 3.68%, approaching the over-two-month high of 3.72% touched on August 10th, following stronger-than-expected manufacturing sales data. Canadian factory sales rose 0.1% in June from May, beating expectations for a decline and marking a fifth consecutive monthly gain, while sales volumes increased 1.2%. Recent data also showed a stronger Canadian labor market, while Canada’s economy is estimated to have expanded at an annualized 3.4% in the second quarter, well above the Bank of Canada’s 2.5% forecast. The strong macroeconomic data raised expectations for a potential BoC rate hike if energy prices remain elevated. In July, the Bank of Canada held its policy rate at 2.25% for a sixth consecutive meeting, noting that the economy was adjusting to recent shocks and that energy-driven inflation pressures were easing. However, policymakers warned that inflation expectations remained elevated and questioned the durability of the recovery.

Canada 10-Year Government Bond Yield - Stats

The yield on Canada 10Y Bond Yield rose to 3.72% on August 17, 2026, marking a 0.04 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.16 points and is 0.23 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 August 17 of 2026.

Canada 10-Year Government Bond Yield - Forecast

The yield on Canada 10Y Bond Yield rose to 3.72% on August 17, 2026, marking a 0.04 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.16 points and is 0.23 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 3.65 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 3.45 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.72 0.044% 0.157% 0.232% Aug/17
Canada 1M 2.27 -0.025% 0.005% -0.445% Aug/17
Canada 52W 2.69 0.030% 0.060% -0.010% Aug/17
Canada 20Y 4.01 0.054% 0.155% 0.189% Aug/17
Canada 2Y 2.98 0.026% 0.145% 0.245% Aug/17
Canada 30Y 4.15 0.054% 0.169% 0.249% Aug/17
Canada 3M 2.31 -0.005% 0.035% -0.365% Aug/17
Canada 3Y 3.07 0.026% 0.111% 0.286% Aug/17
Canada 5Y 3.32 0.036% 0.146% 0.305% Aug/17
Canada 6M 2.42 0.005% 0.015% -0.265% Aug/17
Canada 7Y 3.41 0.036% 0.137% 0.148% Aug/17



Related Last Previous Unit Reference
Canada Inflation Rate 3.00 2.80 percent Jul 2026
Canada Interest Rate 2.25 2.25 percent Jul 2026
Canada Unemployment Rate 6.40 6.50 percent Jul 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
3.72 3.68 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canadian Yields Rise on Strong Macroeconomic Data
Canada’s 10-year government bond yield rose to 3.68%, approaching the over-two-month high of 3.72% touched on August 10th, following stronger-than-expected manufacturing sales data. Canadian factory sales rose 0.1% in June from May, beating expectations for a decline and marking a fifth consecutive monthly gain, while sales volumes increased 1.2%. Recent data also showed a stronger Canadian labor market, while Canada’s economy is estimated to have expanded at an annualized 3.4% in the second quarter, well above the Bank of Canada’s 2.5% forecast. The strong macroeconomic data raised expectations for a potential BoC rate hike if energy prices remain elevated. In July, the Bank of Canada held its policy rate at 2.25% for a sixth consecutive meeting, noting that the economy was adjusting to recent shocks and that energy-driven inflation pressures were easing. However, policymakers warned that inflation expectations remained elevated and questioned the durability of the recovery.
2026-08-14
Canada 10Y Bond Yield Hits 26-month High
Canada 10 Year Government Bond Yield increased to 3.75%, the highest since May 2024. Over the past 4 weeks, Canada 10Y Bond Yield gained 15.60 basis points, and in the last 12 months, it increased 32.50 basis points.
2026-08-11
Canada 10Y Bond Yield Hits 11-week High
Canada 10 Year Government Bond Yield increased to 3.67%, the highest since May 2026. Over the past 4 weeks, Canada 10Y Bond Yield gained 10.50 basis points, and in the last 12 months, it increased 27.40 basis points.
2026-08-10