Global bond selloff lifts U.S. yields, drags on Canadian stocks and pushes up borrowing costs
A global wave of rising government yields has pushed U.S. rates to multiyear highs and rippled through Canadian markets on September 25, 2026. The S&P/TSX fell, the Canadian 10 year benchmark climbed, and the loonie weakened, amplifying pressure on Canadian borrowers and complicating the Bank of Canada policy outlook.