Northline Markets · Government bonds

Government of Canada long-term bond yield

The benchmark yield on Government of Canada bonds with the longest maturities (about 30 years).

Latest value4.02%percent
Observation date2026-11-05
Change, 1 year+0.41 ptsfrom 3.61% on 2025-11-05
Change, 5 years+2.06 ptsfrom 1.96% on 2021-11-05

Daily (business days), delayed Observed 2026-11-05 · retrieved 2026-11-07 · Source: Bank of Canada · Not a live quote.

History

Government of Canada long-term bond yield over time

Daily observations. Use the period buttons to change the range; the table beneath the chart lists the values.

Government of Canada long-term bond yield

%. Percent per year.

Chart loads when it comes into view.

Latest values: Government of Canada long-term bond yield 4.02 (2026-11-05).

Quotation convention. Percent per year.

What it measures

What this indicator is and why it is watched

What it measures

The benchmark yield on Government of Canada bonds with the longest maturities (about 30 years).

Why it is watched

It reflects the return investors require for lending to the government for decades.

Economic context

How it connects to the wider economy

Context, not a claim of cause.

Long yields are influenced by inflation expectations and by the supply of and demand for long bonds.

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.

Method and source

How the data are produced

Publisher
Bank of Canada
Dataset
BD.CDN.LONG.DQ.YLD
Frequency
Daily
Unit
%
Observations
4,205 (long history)
Retrieved
2026-11-07
Series id
ca23_long

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, long-term (BD.CDN.LONG.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.

Investigate

Take it into Intelligence Studio

Add this indicator to a workspace with related series and the recorded relationships.

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.