The yield on Canada 10Y Bond Yield rose to 3.20% on September 19, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.25 points, though it remains 0.25 points higher 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 September 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 Aug 2025 about long-term, Canada, 10-year, bonds, yield, government, interest rate, interest, and rate.

As of April 16, 2025, the Canadian bond market displayed a positive spread of **** 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 **** 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 5 Year Bond Yield rose to 2.77% on September 19, 2025, marking a 0.02 percentage point increase from the previous session. Over the past month, the yield has fallen by 0.20 points, though it remains 0.01 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 5Y.

The yield on Canada 3 Year Bond Yield eased to 2.51% on September 19, 2025, marking a 0.01 percentage point decrease from the previous session. Over the past month, the yield has fallen by 0.24 points and is 0.37 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.

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); ...).

View market daily updates and historical trends for Canada 3 Month Treasury Bill Yield. Source: Bank of Canada. Track economic data with YCharts analytics.

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.

View market daily updates and historical trends for Canada 3 Year Benchmark Bond Yield. Source: Bank of Canada. Track economic data with YCharts analytics.

View market daily updates and historical trends for Canada 1 Year Treasury Bill Yield. Source: Bank of Canada. Track economic data with YCharts analytics.

The Canadian Real Estate Investment Trust (REIT) industry has faced challenges in recent years. Despite these headwinds, a decline in interest rates spurred by the Bank of Canada has started to positively impact the industry. With reduced borrowing costs, REITs are getting an opportunity to alleviate their financial burdens by financing new acquisitions and refinancing existing debts more economically. As a result, REITs are expected to have a more favorable financial position. However, the easing of bond yields by these lower interest rates is merely compensating for the decreased revenue, making the REITs' dividend yield look more appealing to investors. Through the end of 2025, industry revenue has dipped at a CAGR of 4.4% to reach $9.8 billion, when revenue will climb 4.2%. The residential segment of the REIT market is flourishing as it aligns with population growth and continues to meet housing demands, making it an attractive investment option because of its stability and constant performance. Technology advancements in AI and Proptech are enhancing the REIT sector by providing valuable data sets and optimizing operational efficiency. This improved efficiency invariably leads to decreased operational costs and maximized property values, causing profit to climb. In turn, the enhanced transparency and real-time data access create an increased investor demand, attracting a broader range of investors and strengthening trust in the sector. The industry will return to growth through the end of 2030, with industry revenue climbing at a CAGR of 2.4% to reach $11.0 billion in 2030. Immigration and population growth are expected to continue to shape the Canadian REIT industry. The continued influx of immigrants will strengthen demand for housing and retail spaces, directly benefiting the residential REIT sector. In addition, surging demand for data centers driven by rising cloud adoption, AI workloads and big data will provide REITs with opportunities to diversify portfolios, capture higher yields and reduce exposure to more volatile sectors. However, challenges remain, particularly in the office segment, which is facing declining demand because of the adoption of remote and hybrid work models and may require strategies for repositioning or divesting obsolete assets.

View market daily updates and historical trends for Canada 5 Year Benchmark Bond Yield. Source: Bank of Canada. Track economic data with YCharts analytics.

Prices for Canada 3Y including live quotes, historical charts and news. Canada 3Y was last updated by Trading Economics this September 20 of 2025.

View market daily updates and historical trends for Canada 2 Year Benchmark Bond Yield. Source: Bank of Canada. Track economic data with YCharts analytics.