Canada 10-year government bond yield
The benchmark yield on a 10-year Government of Canada bond: the annual return an investor receives for lending to the federal government for ten years.
Daily (business days), delayed Observed 2026-11-05 · retrieved 2026-11-07 · Source: Bank of Canada · Not a live quote.
Canada 10-year government bond yield over time
Daily observations. Use the period buttons to change the range; the table beneath the chart lists the values.
Canada 10-year government bond yield
%. Percent per year; higher yield means a lower bond price.
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Latest values: Canada 10-year government bond yield 3.67 (2026-11-05).
Related relationships: Government of Canada bond yields · 5 relationships use this data as evidence
Quotation convention. Percent per year; higher yield means a lower bond price.
What this indicator is and why it is watched
What it measures
The benchmark yield on a 10-year Government of Canada bond: the annual return an investor receives for lending to the federal government for ten years.
Why it is watched
It is a reference for long-term borrowing costs in Canada. Investors and economists watch it for signals about growth, inflation and interest-rate expectations, and the federal government's own borrowing costs depend on it.
How it connects to the wider economy
Context, not a claim of cause.
Higher long-term yields can raise financing costs for households, businesses and governments, with effects that depend on how much of their debt is refinanced and when. Yields also rise for reasons that are not bad news, such as stronger expected growth. Related housing, interest-rate and investment indicators are listed below; how strongly they are linked is a question to test, not something this page asserts.
Northline describes relationships as documented mechanisms, statistical associations or hypotheses. Nothing on this page states that a movement in this indicator caused a movement in another.
How the data are produced
- Publisher
- Bank of Canada
- Dataset
- BD.CDN.10YR.DQ.YLD
- Frequency
- Daily
- Unit
- %
- Observations
- 4,205 (long history)
- Retrieved
- 2026-11-07
- Series id
ca23_10y
Benchmark yields are the central bank or Treasury estimate for a bond of fixed maturity, not the yield on one specific bond. Daily, Bank of Canada.
Source: Bank of Canada, Benchmark bond yield, 10-year (BD.CDN.10YR.DQ.YLD). Content reused under the Bank of Canada terms (https://www.bankofcanada.ca/terms/); changes: values unchanged.
Licence conditions: see source terms: https://www.bankofcanada.ca/terms/; attribution required.
Missing observations are left missing and are never interpolated. Statistical agencies can revise published values; the observation date and retrieval date above identify the version shown. Methodology and sources.
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Questions worth testing
- How have housing starts moved after changes in the 10-year yield?
- How has business investment moved with long-term yields?
In Studio, the Scenarios tab can ask a what-if question about this indicator. Scenario Intelligence applies its usual checks: when there is too little history, the series are not comparable or the relationship is not stable, it reports “not enough evidence” rather than a number.