The Canadian Index

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Line chart showing Canada's 10-year government bond yield climbing toward a two-year high in early September 2026.

Canada's 10-year yield has barely moved even as Brent crude broke above $100 a barrel this week after the US destroyed five Iranian tankers and Iran struck a Jordan base and ships near Hormuz. Fed hike odds for next week's decision jumped to roughly 60% from 40% a week earlier, an unusual case of a rate hike being priced off an energy shock rather than growth data. The bond market's near-silence suggests it has not yet decided which story to believe.

This chart is presented for general informational purposes only and does not constitute financial, investment, tax, or legal advice. Figures reflect the source and period indicated and may no longer be current.

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Chart comparing same-day percentage moves across six major markets, including oil, the loonie, and the TSX.

Six major markets closed the same session with sharply different reactions to the day's news.

Six Markets, Six Different Reactions: The Same-Day Divergence Behind September 9's Headlines

September 9, 2026

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Line chart showing WTI crude oil climbing 21.8 percent over a month as the Hormuz conflict widened.

WTI crude gained in nine of ten trading sessions through mid-September as a tanker war in the Strait of Hormuz widened into direct strikes on Saudi Arabian supply infrastructure.

The Week the Same Barrel of Oil Split the BoC From the Fed and the TSX From Its Own Energy Sector

September 12, 2026

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Daily WTI crude oil price chart showing a pullback to $89.31 after a six-week high mid-week.

Oil touched a six-week high of $92.19 on Thursday after Houthi forces struck Saudi tankers, then eased on reports of Pakistan-brokered mediation between the parties.

Oil Pulls Back to $89.31 After Six-Week High on Mediation Reports

July 25, 2026

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Bar chart comparing weekly percentage moves across seven assets including oil, the Canadian dollar, and the TSX.

Oil, the Canadian dollar, and the TSX diverged over the week ending July 24, even as crude posted its strongest weekly gain since the war began in February.

Cross-Asset Weekly Moves: Oil Rallies, Loonie Falls Anyway

July 25, 2026

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Line chart of the TSX Composite over the week the Fed hiked rates and the Bank of Canada held.

Two G7 central banks moved in opposite directions the week of September 15: the Federal Reserve raised its policy rate a quarter point to…

The Week the Bank of Canada's Own Rate Stopped Setting Canadian Borrowing Costs

September 19, 2026

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Line chart showing the S&P/TSX Composite index rebounding on a base metals rally on September 17, 2026.

The TSX Composite rebounded to about 35,858 on Thursday, led by base metals, a day after closing at its lowest level since July.

The Fed Called an Oil Shock Elevated the Same Day the BoC Found No Sign It Has Spread

September 17, 2026

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