What was Canada 10Y bond yield on Friday December 1?

Canada 10Y Bond Yield was 3.49 percent on Friday December 1, 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 December of 2023.

How much does a 10 year government bond cost?

The bond has an annual interest payment of 2 per cent of the principal (i.e. $2 each year). If the yield on all 10 year government bonds trading in the secondary market is 2 per cent (the same as the interest payments in our bond), then the price of our bond will be $100 and the yield on our bond will also be 2 per cent.

Why did Canadian bond yields edge higher?

Canadian bond yields edged higher after new data unveiled another period of accelerating wage growth, which has been flagged by BoC members as a key contributor to unsustainable price growth.