The yield on Canada 10Y Bond Yield eased to 3.48% on May 7, 2026, marking a 0.04 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.01 points and is 0.27 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 May 7 of 2026.

The Canada 10-Year Government Bond Yield is expected to trade at 3.49 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 3.30 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.48 -0.029% 0.019% 0.282% May/07
Canada 1M 2.30 0.010% 0.020% -0.380% May/07
Canada 52W 2.63 -0.055% 0.040% 0.050% May/07
Canada 20Y 3.75 -0.016% -0.024% 0.318% May/07
Canada 2Y 2.88 -0.032% 0.072% 0.288% May/07
Canada 30Y 3.87 -0.026% -0.038% 0.369% May/07
Canada 3M 2.32 0.005% 0.025% -0.305% May/07
Canada 3Y 2.96 -0.032% 0.040% 0.325% May/07
Canada 5Y 3.13 -0.027% 0.038% 0.324% May/07
Canada 6M 2.41 -0.010% 0.040% -0.208% May/07
Canada 7Y 3.24 -0.029% 0.041% 0.214% May/07



Related Last Previous Unit Reference
Canada Inflation Rate 2.40 1.80 percent Mar 2026
Canada Interest Rate 2.25 2.25 percent Apr 2026
Canada Unemployment Rate 6.70 6.70 percent Mar 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
3.48 3.51 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canada 10-Year Bond Yield Rises
Canada’s 10-year government bond yield rose to 3.62% on May 4th, as a sharp jump in energy prices stoked concerns about a potential inflation shock. Reports of attacks in the UAE helped push oil prices sharply higher, reinforcing fears that elevated crude costs could feed into broader price pressures. That comes after March inflation had already shown the impact of higher energy prices on Canada’s CPI, keeping markets alert to renewed upside risks. At the same time, GDP stalled in March, a softer reading that could help limit further gains in yields by underscoring weaker growth. The Bank of Canada recently held rates unchanged, saying inflation expectations remain anchored, while stronger March earnings reduced the urgency for near-term cuts.
2026-05-04
Canada 10-Year Bond Yield Down on Subdued GDP
Canada's 10-year government bond yield fell to 3.56% from a 2-year high 3.61% on April 29th as a pullback in oil prices and muted GDP data pressed against the outlook of overly restrictive policy for the Bank of Canada. Fresh data showed that the Canadian GDP stalled in March, reflecting some impact of high energy prices on aggregate spending. The result was aligned with the Bank of Canada's latest policy decision, which left rates unchanged, but stated that the outlook on inflation is stable as the increase in energy prices have so far not threatened inflation expectations from households. On the other hand, average earnings rose sharply in March, limiting the need for imminent rate cuts this year.
2026-04-30
Canada 10-Year Bond Yield Rises on Inflationary Pressures
The yield on Canada’s 10-year government bond rose further to above 3.6%, its highest level in about a month, tracking a global increase in borrowing costs as the conflict in the Middle East adds to inflationary pressures. Investors also digested the Bank of Canada’s latest policy decision. The central bank kept its overnight rate unchanged at 2.25%, noting that while the evolving conflict has increased market volatility, it does not expect the recent surge in energy prices to de-anchor inflation expectations, reducing the likelihood of a rate hike this year. Canada’s headline CPI rose 2.4% in March, driven mainly by sharply higher gasoline prices. Short-term inflation expectations have also picked up, with inflation likely to rise further to around 3% in April.
2026-04-29