Interest Rates: Long-Term Government Bond Yields: 10-Year: Main (Including Benchmark) for Canada
Annual
IRLTLT01CAA156N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.34
Year-over-Year Change
78.28%
Date Range
1/1/1955 - 1/1/2024
Summary
This series measures the annual long-term government bond yield for Canada. It is a key indicator of long-term interest rates and investor sentiment.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The annual long-term government bond yield represents the yield on long-term debt securities issued by the Canadian government. This metric is closely watched by economists, policymakers, and investors as it reflects market expectations about the future path of interest rates and inflation.
Methodology
The data is collected and published by the Bank of Canada.
Historical Context
Trends in this yield are analyzed to assess monetary policy, economic growth, and investment conditions.
Key Facts
- Canada's long-term government bond yield averaged 3.1% in 2022.
- Bond yields move inversely to prices, reflecting changing market conditions.
- Central banks monitor this yield to gauge inflation expectations.
FAQs
Q: What does this economic trend measure?
A: This series measures the annual yield on long-term government bonds issued by the Canadian government. It reflects market interest rates for long-term debt.
Q: Why is this trend relevant for users or analysts?
A: The long-term government bond yield is a key indicator of financial conditions, inflation expectations, and the stance of monetary policy. It is closely watched by economists, investors, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and published by the Bank of Canada, the country's central banking authority.
Q: How is this trend used in economic policy?
A: Central banks and governments monitor this yield to assess the impact of monetary policy and investor sentiment on long-term interest rates, which influence economic growth, inflation, and borrowing costs.
Q: Are there update delays or limitations?
A: The annual long-term government bond yield data is published in a timely manner by the Bank of Canada, with minimal lags. However, it may not capture short-term volatility in daily or monthly bond market movements.
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Citation
U.S. Federal Reserve, Annual (IRLTLT01CAA156N), retrieved from FRED.