The Canadian Index

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Line chart of Government of Canada 10-year and 5-year benchmark bond yields from September 16 to October 15, 2026.

The largest recent yield drop came on jobs day rather than oil day. The 10-year yield fell 7 basis points to 3.86% on October 9, when the Labour Force Survey showed 68,000 jobs lost and unemployment at 6.5%. The dashed line marks the September 16 10-year level of 3.92%. October 16 yields publish after the close, so the series ends on October 15.

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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Line chart comparing WTI crude oil and the USD/CAD exchange rate from September 16 to October 16, 2026.

Oil has recovered to roughly its September 16 price, but the Canadian dollar has not followed.

WTI Crude Oil vs. USD/CAD, September 16 to October 16, 2026

October 16, 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 Brent crude, the S&P/TSX Composite and gold futures rebased to 100 at the August 31 close.

Brent was the only one of the three to finish above its starting level, while the index and gold both fell.

Brent, TSX and Gold Rebased to the August 31 Close

September 30, 2026

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Line chart of Government of Canada 2-year, 5-year and 10-year benchmark yields, August 31 to September 29, 2026.

The Bank of Canada held its policy rate at 2.25% for a seventh straight time, yet Canadian yields rose as United States yields surged.

Government of Canada Benchmark Yields, September 2026

September 30, 2026

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Line chart of the S&P/TSX Composite daily close for September 2026, with a shaded slide and a dashed line at the August 25 record.

The index fell for the month even though Brent crude gained and the Strait of Hormuz stayed shut, because rising United States bond yields outweighed oil and gold.

S&P/TSX Composite Daily Close Through September 2026

September 30, 2026

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