Actual
3.6440
Daily Change
0.0180
Monthly
0.08%
Yearly
0.26%
Q3 Forecast
3.6262
Canada 10-Year Government Bond Yield - Summary

Canada's 10-year government bond yield rose to 3.65%, approaching the three-month high of 3.66% reached on July 31st, following stronger-than-expected employment data. Canadian employment increased by 75,100 jobs in July, well above expectations for a 15,000 gain, while the unemployment rate fell to a two-year low of 6.4%. The stronger labor market raised expectations of a potential BoC rate hike if energy prices remain elevated. Meanwhile, recent data suggests Canada's economy expanded an annualized 3.4% in the second quarter. Well above the Bank of Canada's expectation of a 2.5% growth rate. 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 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 3.64% on August 7, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.08 points and is 0.26 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 7 of 2026.

Canada 10-Year Government Bond Yield - Forecast

The yield on Canada 10Y Bond Yield rose to 3.64% on August 7, 2026, marking a 0.02 percentage points increase from the previous session. Over the past month, the yield has edged up by 0.08 points and is 0.26 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 3.63 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 3.44 in 12 months time.



Bonds Yield Day Month Year Date
Canada 10Y 3.64 0.018% 0.075% 0.260% Aug/07
Canada 1M 2.28 0% 0.010% -0.452% Aug/07
Canada 52W 2.66 0.010% 0.075% -0.020% Aug/07
Canada 20Y 3.92 0.014% 0.082% 0.241% Aug/07
Canada 2Y 2.97 0.039% 0.102% 0.298% Aug/07
Canada 30Y 4.04 0.011% 0.083% 0.286% Aug/07
Canada 3M 2.29 -0.001% 0.029% -0.371% Aug/07
Canada 3Y 3.05 0.039% 0.087% 0.335% Aug/07
Canada 5Y 3.26 0.028% 0.077% 0.336% Aug/07
Canada 6M 2.39 0% 0.050% -0.280% Aug/07
Canada 7Y 3.36 0.028% 0.069% 0.189% Aug/07



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 6.40 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
3.64 3.63 12.44 0.23 1985 - 2026 percent Daily

News Stream
Canada 10-Year Yield Climbs on Strong Jobs Data
Canada's 10-year government bond yield rose to 3.65%, approaching the three-month high of 3.66% reached on July 31st, following stronger-than-expected employment data. Canadian employment increased by 75,100 jobs in July, well above expectations for a 15,000 gain, while the unemployment rate fell to a two-year low of 6.4%. The stronger labor market raised expectations of a potential BoC rate hike if energy prices remain elevated. Meanwhile, recent data suggests Canada's economy expanded an annualized 3.4% in the second quarter. Well above the Bank of Canada's expectation of a 2.5% growth rate. 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 energy-driven inflation pressures were easing. However, policymakers warned that inflation expectations remained elevated and questioned the durability of the recovery.
2026-08-07
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.
2026-07-29
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