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Canadian government bond yields declined after October employment data showed the economy lost 4,700 jobs and the unemployment rate rose to 6.7% from 6.5%. The two-year yield fell 2.8 basis points to 3.128%, while the 10-year yield dropped 1.4 basis points to 3.652%.
Weaker labor data reduced expectations for further Bank of Canada tightening, putting downward pressure on Canadian yields. This can weigh on the Canadian dollar relative to the US dollar and increase the CAD cost of imported feed inputs.
ca.investing.comJaiveer ShekhawatNov 6, 2026Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
