Canada's 10-year government bond yield fell 0.9 basis points to 3.650% on Monday as global debt markets absorbed mixed signals about safe-haven demand and interest-rate expectations.
The decline reflected rising government bond prices amid a volatile week for fixed-income markets. Last week's technology-led equity selloff initially drove investors toward U.S. Treasuries for safety. Stronger-than-expected American employment data then pushed Treasury yields higher as markets increased bets on further Federal Reserve tightening.
Oil-price movements and geopolitical risks are also influencing inflation expectations and global interest-rate outlooks. Government bond markets remain sensitive to incoming economic data, central-bank signals, and shifts in investor sentiment.