The Canadian Index

All content, including the full-resolution download, is provided at no charge.

Line chart showing Canada's 10-year government bond yield climbing to a two-year high after new retaliatory tariffs took effect.

The Government of Canada 10-year yield closed at a two-year high Tuesday, and the move traces to the day's retaliatory tariff order rather than to the Iran-linked oil shock running at the same time. The tariffs raise a durable, domestic inflation pressure the Bank of Canada has to weigh, unlike a single day's spike in crude. Neither a dovish Fed comment nor a 41,700-job employment miss earlier in the summer moved the yield this much, underscoring how narrowly trade policy, not geopolitics, is driving the curve right now.

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.

Download Hi-Res JPEG (No Watermark)
Bar chart of same-day percentage moves across six markets, showing oil and the Canadian dollar rising while stocks and gold fell.

Gold fell even as an escalating Hormuz conflict intensified Tuesday, evidence that rising bond yields, not war headlines, are what is setting the tone across markets today.

Canada's Bond Market Shrugged Off a War for Months. A Tariff Order Just Broke It.

September 8, 2026

View chart & download
Line chart showing WTI crude edging up 0.6% to $90.76 after a second wave of strikes near Iran.

WTI crude settled at $90.76 Wednesday, up 0.60%, after a second wave of U.S.

WTI Crude Adds 0.60% as a Second Wave of Strikes Near Iran Barely Moves the Barrel

September 2, 2026

View chart & download
Bar chart comparing same-day percentage moves in TSX materials, gold, silver, oil and the Canadian dollar.

The Bank of Canada held its policy rate at 2.25% Wednesday while warning that upside inflation risk has increased, yet the two-year…

TSX Materials, Gold and Silver Lead a Broad Same-Day Rally Across Six Assets

September 2, 2026

View chart & download
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

View chart & download
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

View chart & download
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

View chart & download