Actual
3.9320
Daily Change
-0.02%
Monthly
0.08%
Yearly
0.72%
Q4 Forecast
3.8802
Canada 10-Year Government Bond Yield - Summary

Canada’s 10-year government bond yield rose above 4% in October, reaching a fresh three-year high as renewed selling in US Treasuries fueled a broader global bond selloff. The US 10-year benchmark yield climbed to its highest level since 2002, extending a months-long rise in sovereign borrowing costs. Higher oil prices have added to inflation concerns and reinforced expectations of further interest-rate hikes by central banks, keeping government bonds under pressure worldwide. In Canada, the advance estimate showed real GDP rose 0.2% in August, with gains in mining and quarrying and retail trade partly offset by a decline in oil and gas extraction. GDP was essentially unchanged in July, ending a three-month run of growth. The result was in line with expectations but highlighted a weaker start to the third quarter, reinforcing expectations for the Bank of Canada to hold rates. A US ban on various Canadian imports also took effect, further weighing on growth prospects.

Canada 10-Year Government Bond Yield - Stats

The yield on Canada 10Y Bond Yield eased to 3.93% on October 8, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.08 points and is 0.72 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 October 8 of 2026.

Canada 10-Year Government Bond Yield - Forecast

The yield on Canada 10Y Bond Yield eased to 3.93% on October 8, 2026, marking a 0.02 percentage points decrease from the previous session. Over the past month, the yield has edged up by 0.08 points and is 0.72 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 3.88 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 3.69 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.93 -0.016% 0.084% 0.720% Oct/08
Canada 1M 2.26 -0.088% -0.049% -0.144% Oct/08
Canada 52W 2.95 0.005% 0.129% 0.535% Oct/08
Canada 20Y 4.18 -0.024% 0.085% 0.562% Oct/08
Canada 2Y 3.25 0.009% 0.080% 0.774% Oct/08
Canada 30Y 4.29 -0.022% 0.078% 0.571% Oct/08
Canada 3M 2.41 0% 0.109% 0.030% Oct/08
Canada 3Y 3.34 0.007% 0.085% 0.826% Oct/08
Canada 5Y 3.60 -0.014% 0.114% 0.839% Oct/08
Canada 6M 2.62 0.005% 0.110% 0.220% Oct/08
Canada 7Y 3.66 -0.014% 0.072% 0.710% Oct/08



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 3.95 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canada 10-Year Yield Extends Three-Year High
Canada’s 10-year government bond yield rose above 4% in October, reaching a fresh three-year high as renewed selling in US Treasuries fueled a broader global bond selloff. The US 10-year benchmark yield climbed to its highest level since 2002, extending a months-long rise in sovereign borrowing costs. Higher oil prices have added to inflation concerns and reinforced expectations of further interest-rate hikes by central banks, keeping government bonds under pressure worldwide. In Canada, the advance estimate showed real GDP rose 0.2% in August, with gains in mining and quarrying and retail trade partly offset by a decline in oil and gas extraction. GDP was essentially unchanged in July, ending a three-month run of growth. The result was in line with expectations but highlighted a weaker start to the third quarter, reinforcing expectations for the Bank of Canada to hold rates. A US ban on various Canadian imports also took effect, further weighing on growth prospects.
2026-10-01
Canada 10-Year Yield Rises Toward Three-Year High
Canada’s 10-year government bond yield rose to near 4% in late September, approaching a three-year high as the US Treasury selloff resumed. Global government bonds have come under pressure as Middle East-driven oil price gains fuel expectations that central banks, including the Fed, will raise interest rates further. In the US, strong economic activity, along with concerns over large fiscal deficits and rising government debt, is also weighing on the bond market. In contrast, Canada’s advance estimates showed real GDP increased 0.2% in August, with gains in mining and quarrying and retail trade partly offset by a decline in oil and gas extraction. GDP was essentially unchanged in July, ending a three-month run of growth. The result was in line with expectations but highlighted a weaker start to the third quarter, reinforcing expectations for the Bank of Canada to hold rates. The US ban on various Canadian goods imports also took effect, further weighing on growth prospects.
2026-09-29
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