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5 Things to Know Today — September 25, 2026

  Friday, September 25, 2026  |  moneysavings.ca/canadian-money-brief Bond yields are nearing levels not seen in nearly two decades, Iran is offering a Hormuz truce, Ottawa just posted a fresh deficit, the loonie slid to 70.74 cents, and Canadian consumers pulled back in July. Here's what each story means for your money. 01 — Interest Rates Bond Yields Hit 5.10% — and Your Mortgage Is Watching The 10-year U.S. Treasury yield climbed to approximately 5.10% overnight — a level last seen in 2007 — while the 30-year surged to around 5.43%, its highest since 2004. The spike was triggered by a combination of stronger-than-expected U.S. PMI data, hawkish comments from Federal Reserve officials in New York and Philadelphia, and a weak Treasury auction. Canada's own 10-year bond yield has been tracking close behind, already at multi-year highs. Why does a U.S. number matter here? Canadian fixed mortgage rates are largely priced off the Government of Canada 5-year bond yield, which...
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Wall Street Mixed as Red-Hot Chipmaker Nvidia Claws Back Losses

 

World stocks experienced mixed performance today, with Wall Street showing a quiet and varied session. The red-hot chipmaker Nvidia, which had seen a meteoric rise in recent weeks, contributed to the market’s mixed sentiment.

Nvidia’s Recovery

  • Nvidia’s stock rose 2.2% before the opening bell, signaling a partial recovery from its recent losses. The frenzy over artificial intelligence (AI) that had propelled Nvidia’s stock to new heights appeared to be cooling down.
  • Just last week, Nvidia briefly overtook Microsoft as Wall Street’s most valuable company. However, in the past three days, it had declined nearly 13%.

Other Market Highlights

  • Microsoft: Shares of Microsoft remained essentially flat after the European Union accused the software giant of violating antitrust rules related to its Teams messaging and videoconferencing app.
  • SolarEdge: Solar panel manufacturer SolarEdge faced challenges, with its stock tumbling more than 17% before the bell. Customer PM&M Electric, owing SolarEdge over $11 million, filed for bankruptcy. Additionally, SolarEdge announced plans to raise $300 million through the sale of convertible senior notes.
  • Epac: Toolmaker Epac slid more than 9% due to missed third-quarter sales targets and lower-than-expected fourth-quarter revenue guidance.
  • Consumer Confidence Report: Later today, the Conference Board will release the latest consumer confidence report. In May, U.S. consumers showed increased confidence despite elevated inflation and high interest rates.
  • Global Markets: In Europe, France’s CAC 40 lost 0.8%, Germany’s DAX sank 1%, and Britain’s FTSE 100 was 0.2% lower. Japan’s benchmark Nikkei 225 surged 1%, while the Hang Seng in Hong Kong recovered most of its daytime losses to end 0.3% higher.

Conclusion

Today’s market reflects a mix of optimism and caution, with Nvidia’s performance closely watched. 

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