Canadian government bond yields mostly decreased between April 2024 and April 2025. For instance, the 2-year bond yield dropped from 4.22 percent to 2.57 percent, and the 30-year yield went from 3.63 percent to 3.44 percent. The decline in yields was consistent across both short- and long-term maturities during this period.

The yield on Canada 10Y Bond Yield eased to 3.33% on July 4, 2025, marking a 0.05 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.08 points, though it remains 0.17 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. Canada 10-Year Government Bond Yield - values, historical data, forecasts and news - updated on July of 2025.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Canada (IRLTLT01CAM156N) from Jan 1955 to May 2025 about long-term, Canada, 10-year, bonds, yield, government, interest rate, interest, and rate.

Graph and download economic data for Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Canada (IRLTLT01CAQ156N) from Q1 1955 to Q1 2025 about long-term, Canada, 10-year, bonds, yield, government, interest rate, interest, and rate.

The yield on Canada 5 Year Bond Yield rose to 2.93% on July 3, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.10 points, though it remains 0.68 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 5Y.

The yield on Canada 3 Year Bond Yield rose to 2.76% on July 3, 2025, marking a 0.03 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.10 points, though it remains 1.14 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 3Y.

As of April 16, 2025, the Canadian bond market displayed a positive spread of 57.8 basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 2-year versus 1-year sprea also showed a positive spread of 19.1 basis points. Negative spreads indicate a (partially) inverted yield curve. This often signals investor pessimism about short-term economic prospects, as investors seek the relative safety of long-term bonds, pushing those yields down relative to shorter-term bonds. An inverted yield curve is typically interpreted as a potential indicator of economic slowdown or recession, as it reflects expectations of lower interest rates in the future to stimulate the economy.

The yield on Canada 20 Year Bond Yield eased to 3.54% on June 27, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.06 points and is 0.04 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 20Y.

The yield on Canada 30 Year Bond Yield rose to 3.65% on July 3, 2025, marking a 0 percentage point increase from the previous session. Over the past month, the yield has edged up by 0.13 points and is 0.13 points higher than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 30Y.

The yield on Canada 2 Year Bond Yield eased to 2.66% on July 4, 2025, marking a 0.03 percentage point decrease from the previous session. Over the past month, the yield has edged up by 0.05 points, though it remains 1.28 points lower than a year ago, according to over-the-counter interbank yield quotes for this government bond maturity. This dataset includes a chart with historical data for Canada 2Y.

his paper presents an equilibrium bond-pricing model that jointly explains the upward-sloping nominal and real yield curves and the violation of the expectations hypothesis. Instead of relying on the inflation risk premium, the ambiguity-averse agent faces different amounts of Knightian uncertainty in the long run versus the short run; hence the model-implied nominal and real short rate expectations are upward-sloping under the agent's worst-case equilibrium beliefs. The expectations hypothesis roughly holds under investors' worst-case beliefs. The difference between the worst-case scenario and the true distribution makes realized excess returns on long-term bonds predictable.

Data and code for peer-reviewed article published in American Economic Review: Insights.

Prices for Canada 5Y including live quotes, historical charts and news. Canada 5Y was last updated by Trading Economics this July 3 of 2025.

Interactive chart showing the daily 5 year treasury yield back to 1962. The values shown are daily data published by the Federal Reserve Board based on the average yield of a range of Treasury securities, all adjusted to the equivalent of a five-year maturity.

Graph and download economic data for Interest Rates, Government Securities, Treasury Bills for Canada (INTGSTCAM193N) from Jan 1950 to Apr 2017 about bills, Canada, securities, Treasury, government, interest rate, interest, and rate.

Prices for Canada 30Y including live quotes, historical charts and news. Canada 30Y was last updated by Trading Economics this July 3 of 2025.

Graph and download economic data for Amounts Outstanding of International Bonds and Notes, Fixed Rate in Currency of Issue in Canadian dollar (DISCONTINUED) (IBANFXCAAO) from Q3 1993 to Q2 2015 about issues, notes, Canada, fixed, bonds, currency, and rate.