# Canadian bond yields retreat as oil prices ease inflation concerns, data in focus

> Canadian government bond yields fell on Monday, with the 10-year yield down 4.1 basis points to 3.758% and the 2-year down 2.4 basis points to 3.283%. The decline followed a retreat in oil prices, which eased energy-driven inflation concerns.

- Date: 2026-11-02 · published 2026-11-02T21:27:03.467Z
- Category: macro · region Canada · magnitude low
- Page: https://feedsoft.ai/events/76203-canadian-bond-yields-retreat-as-oil-prices-ease-inflation-concerns-data-in-focus
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower crude prices reduce energy-driven inflation pressure, which could support expectations of a steadier Bank of Canada path and lower financing costs for farm and feed operations. Direct impact on feed commodity prices is limited.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2022-11-22 | [Oil prices retreat as investor sentiment darkens](https://feedsoft.ai/events/38849-oil-prices-retreat-as-investor-sentiment-darkens.md) | -2.1% | -4.7% |
| WTI | 2022-11-16 | [Canadian dollar retreats from 100-day moving average as inflation holds steady - The Globe and Mail](https://feedsoft.ai/events/38907-canadian-dollar-retreats-from-100-day-moving-average-as-inflation-holds-steady.md) | -6.9% | -11.2% |
| WTI | 2025-08-19 | [Canadian dollar falls as inflation data fuels rate cut bets — TradingView News](https://feedsoft.ai/events/23556-canadian-dollar-falls-as-inflation-data-fuels-rate-cut-bets-tradingview-news.md) | +1.4% | +1.0% |
| WTI | 2024-10-15 | [Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens](https://feedsoft.ai/events/28029-oil-plunges-4-as-iran-supply-disruption-concerns-ease-demand-outlook-weakens.md) | -5.8% | -7.4% |
| WTI | 2021-12-15 | [Canadian dollar at nearly 3-month low as oil prices fall \| Reuters](https://feedsoft.ai/events/43853-canadian-dollar-at-nearly-3-month-low-as-oil-prices-fall-reuters.md) | +0.7% | +16.9% |
| BRENT | 2022-11-22 | [Oil prices retreat as investor sentiment darkens](https://feedsoft.ai/events/38849-oil-prices-retreat-as-investor-sentiment-darkens.md) | -5.2% | -8.2% |
| BRENT | 2024-10-15 | [Oil plunges 4% as Iran supply disruption concerns ease, demand outlook weakens](https://feedsoft.ai/events/28029-oil-plunges-4-as-iran-supply-disruption-concerns-ease-demand-outlook-weakens.md) | -5.4% | -7.6% |
| BRENT | 2020-09-25 | [Oil prices down for the week on new coronavirus concerns](https://feedsoft.ai/events/51290-oil-prices-down-for-the-week-on-new-coronavirus-concerns.md) | -3.0% | +0.7% |

## Sources

- ca.investing.com: https://ca.investing.com/news/economy-news/canadian-bond-yields-retreat-as-oil-prices-ease-inflation-concerns-data-in-focus-4922289
- investing.com: https://www.investing.com/news/economy-news/canadian-bond-yields-retreat-as-oil-prices-ease-inflation-concerns-data-in-focus-4992385

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.