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The rise in the Canadian term premium in a global context

In Canada and abroad, yields on long-term government bonds have stayed high even as policy interest rates have fallen. This is due to rising term premiums―the extra compensation investors demand for holding these bonds. A key factor driving higher term premiums is global concerns about the ability of markets to absorb substantial amounts of government debt.
March 26, 2026

Speech: Brandon Chamber of Commerce

Economic developments, monetary policy and affordability — Senior Deputy Governor Carolyn Rogers speaks before the Brandon Chamber of Commerce (13:25 (ET) approx.).

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