AI news brief
Bond yields may show where interest rates are heading over the long term
Globe and Mail - Business - 2026-09-08
AI Summary
Bond yields have risen to levels not seen in nearly two decades, with Government of Canada 10-year bonds reaching their highest since 2008. Historical patterns suggest long-term interest rates may follow a 60-year cycle, potentially indicating a prolonged period of higher yields. While double-digit yields are unlikely, the trend towards higher rates could persist for decades.
Key takeaways
- Bond yields are at multi-year highs.
- Long-term interest rates may be in a rising cycle.
- Canadian bond yields are currently lower than U.S. yields.
What this could mean for homebuyers
Mortgage news can affect fixed rates, variable-rate expectations, affordability, and buyer timing. Use this article as context, then compare today's rates or ask the AI Mortgage Advisor how it applies to your situation.