The average yearly yield of Canadian 10-year government bonds has shown a significant downward trend from 1990 to 2020. Starting at over ten percent in 1990, yields steadily declined, with slight fluctuations, reaching a low of 0.75 percent in 2020. After 2020, yields began to rise again, reflecting recent increases in interest rates and inflation expectations, reaching an average of 3.34 percent in 2024.

Canada 3 Year Bond Yield was 2.59 percent on Tuesday March 25, 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 January 7, 2025, the Canadian bond market displayed a positive spread of 35 basis points between 10-year and 2-year yields, indicating long-term rates above short-term ones. The 2-year versus 1-year spread, on the other hand, showed a negative 4.2 basis points, suggesting a mildly inverted yield curve. 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.

Canada Government Marketable Bonds Yield: Average: More than 10 Years data was reported at 3.150 % pa in Feb 2025. This records a decrease from the previous number of 3.320 % pa for Jan 2025. Canada Government Marketable Bonds Yield: Average: More than 10 Years data is updated monthly, averaging 3.440 % pa from Jan 1998 (Median) to Feb 2025, with 326 observations. The data reached an all-time high of 6.380 % pa in Oct 1999 and a record low of 0.860 % pa in Jul 2020. Canada Government Marketable Bonds Yield: Average: More than 10 Years data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M012: Government Bonds Yield. Government Marketable Bond Yields refer to direct debt payable in Canadian dollars, excluding extendible issues and Canada Savings Bonds.

This table contains 39 series, with data for starting from 1991 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Financial market statistics (39 items: Government of Canada Treasury Bills, 1-month (composite rates); Government of Canada Treasury Bills, 2-month (composite rates); Government of Canada Treasury Bills, 3-month (composite rates);Government of Canada Treasury Bills, 6-month (composite rates); ...).

Le rendement des obligations canadiennes à 10 ans était de 2,92 % le vendredi 28 février, selon les cotations de rendement interbancaire de gré à gré pour cette échéance d'obligation gouvernementale. Les valeurs actuelles, des données historiques, des prévisions, des statistiques, des tableaux et le calendrier économique - Canada - Obligation d'Etat 10 ans.

Canada CA: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data was reported at 1.100 % in 2021. This records a decrease from the previous number of 1.127 % for 2020. Canada CA: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data is updated yearly, averaging 5.912 % from Dec 1960 (Median) to 2021, with 62 observations. The data reached an all-time high of 14.989 % in 1981 and a record low of 1.100 % in 2021. Canada CA: Long-Term Interest Rate: Government Bonds: Double Hit Scenario data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Canada – Table CA.OECD.EO: Interest Rate: Forecast: OECD Member: Annual. IRL - Long-term interest rate on government bonds; Yield 10-year federal government benchmark bond)

This table contains 61 series, with data for years 1985 - 2011 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Summary of transactions in Canadian bonds (10 items: Net flows;Retirements;New issues and retirements;New issues ...), Countries or regions (7 items: All countries;United Kingdom;Other European Union countries;United States ...).

Key information about Canada Long Term Interest Rate

• Canada Government Benchmark Bonds Yield: Month End: 10 Years was reported at 2.90 % pa in Feb 2025, compared with 3.07 % pa in the previous month.
• Canada Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 9.28 % pa in Jun 1994 and a record low of 0.46 % pa in Jul 2020.
• Long Term Interest Rate is reported by reported by Bank of Canada.

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025.
• Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.

A tabular presentation of interest rate forecasts for Canadian 3-month Treasury Bills and 10-year Government Bonds in 2013 by 6 private sector institutions as at July 22, 2013.

A tabular presentation of interest rate forecasts for Canadian 3-month Treasury Bills and 10-year Government Bonds in 2012 and 2013 by 6 private sector institutions.

A tabular presentation of interest rate forecasts for Canadian 3-month Treasury Bills and 10-year Government Bonds in 2013 by 6 private sector institutions as at July 22, 2013.

This table contains 61 series, with data for years 1985 - 2012 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Summary of transactions in Canadian bonds (10 items: Net flows;New issues;Retirements;New issues and retirements ...), Countries or regions (7 items: All countries;Other European Union countries;United Kingdom;United States ...).

Canada Core Inflation Nowcast: sa: Contribution: Securities Yield: Government Benchmark Bonds Yield: 3 Years data was reported at 2.669 % in 17 Mar 2025. This stayed constant from the previous number of 2.669 % for 10 Mar 2025. Canada Core Inflation Nowcast: sa: Contribution: Securities Yield: Government Benchmark Bonds Yield: 3 Years data is updated weekly, averaging 1.331 % from Jan 2018 (Median) to 17 Mar 2025, with 376 observations. The data reached an all-time high of 42.177 % in 18 Mar 2019 and a record low of 0.000 % in 19 Dec 2022. Canada Core Inflation Nowcast: sa: Contribution: Securities Yield: Government Benchmark Bonds Yield: 3 Years data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Core.

This table contains 76 series, with data for years 1936 - 2017 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (3 items: Canada and Abroad; Canada; Abroad); Type of issues (3 items: Gross new issues; Retirements; Net new issues); Issuers (10 items: Total, issuers; Government of Canada direct and guaranteed bonds; Provincial direct and guaranteed bonds; Municipal direct and guaranteed bonds; ...).

As of December 2024, Japan held United States treasury securities totaling about 1.06 trillion U.S. dollars. Foreign holders of United States treasury debt According to the Federal Reserve and U.S. Department of the Treasury, foreign countries held a total of 8.5 trillion U.S. dollars in U.S. treasury securities as of December 2024. Of the total held by foreign countries, Japan and Mainland China held the greatest portions, with China holding 759 billion U.S. dollars in U.S. securities. The U.S. public debt In 2023, the United States had a total public national debt of 33.2 trillion U.S. dollars, an amount that has been rising steadily, particularly since 2008. In 2023, the total interest expense on debt held by the public of the United States reached 678 billion U.S. dollars, while 197 billion U.S. dollars in interest expense were intra governmental debt holdings. Total outlays of the U.S. government were 6.1 trillion U.S. dollars in 2023. By 2029, spending is projected to reach 8.3 trillion U.S. dollars.

政府可流通债券收益：平均：10年及以上在02-01-2025达3.150年利率%，相较于01-01-2025的3.320年利率%有所下降。政府可流通债券收益：平均：10年及以上数据按月更新，01-01-1998至02-01-2025期间平均值为3.440年利率%，共326份观测结果。该数据的历史最高值出现于10-01-1999，达6.380年利率%，而历史最低值则出现于07-01-2020，为0.860年利率%。CEIC提供的政府可流通债券收益：平均：10年及以上数据处于定期更新的状态，数据来源于Bank of Canada，数据归类于全球数据库的加拿大 – Table CA.M012: Government Bonds Yield。