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News 2026-10-09 13:44 UTC

Canada 10-Year Yield Retreats as Employment Declines

Canada’s 10-year government bond yield fell to around 3.9% after reaching a three-year high of over 4% on October 1st, as weaker employment data reinforced expectations that the Bank of Canada will hold interest rates steady. Employment fell by 68,000, missing expectations for a 7,000 increase, while the unemployment r