Canada 10-Year Yield Holds at 3.60%

2026-07-29 22:06 By Isabela Couto 1 min. read

Canada's 10-year government bond yield held steady at about 3.60% in late July after the Federal Reserve left interest rates unchanged.

While the decision was expected, three FOMC members dissented in favor of a 25-basis-point rate hike, keeping the possibility of tighter US monetary policy in September.

Earlier this month, 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 also warned that inflation expectations remain elevated and questioned the durability of the recovery.

Investors continued to assess the potential impact of President Trump's proposed tariffs on Canadian imports and renewed tensions between the US and Iran.



News Stream
Canada 10-Year Yield Holds at 3.60%
Canada's 10-year government bond yield held steady at about 3.60% in late July after the Federal Reserve left interest rates unchanged. While the decision was expected, three FOMC members dissented in favor of a 25-basis-point rate hike, keeping the possibility of tighter US monetary policy in September. Earlier this month, 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 also warned that inflation expectations remain elevated and questioned the durability of the recovery. Investors continued to assess the potential impact of President Trump's proposed tariffs on Canadian imports and renewed tensions between the US and Iran.
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