Interest rates and bonds

How central banks set interest rates, how bond yields work, and how both reach your loans and savings.

Guides

Guide · US vs Canada

Bond yields explained: what they are and why they matter

A bond yield is the return a lender earns. Here is how US and Canadian government bond yields work, why they rose in 2026, and how they reach your mortgage.

Updated October 15, 2026

Live data

Live data · updated daily

10-year Treasury yield: latest close, history and meaning

The latest US 10-year Treasury yield close from the Treasury, with a chart back to 2000 and a plain-English note on what changed.

Updated October 15, 2026

Your questions answered

Explainer

Why do bond prices fall when interest rates rise?

An old bond's interest is fixed, so when new bonds pay more, its price must drop. A worked example shows why long bonds fall the most.

Updated October 15, 2026