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Bond Yields Are Nearing 5%: What It Means for Your Mortgage and HELOC

  Published September 11, 2026 Something is happening in the bond market this week that matters more to your wallet than the daily swings in the TSX. The yield on the 10-year US Treasury note closed in on 5% on Friday — 4.95% , its highest level since 2023 and approaching territory not seen since 2007 — after climbing 18 basis points in a single week. Canadian bond yields have followed the same path: the 10-year Government of Canada bond hit its highest level in over two years earlier this month, and the 5-year bond — the one that actually sets your fixed mortgage rate — has drifted up to roughly 3.41%, about a quarter-point higher than it was a month ago. If you're renewing a mortgage, shopping for a HELOC, or just trying to figure out whether now is the moment to lock in, here's what's actually going on and what it means for your payments. Why bond yields, not the Bank of Canada, are driving fixed rates right now It's a common mix-up: people watch the Bank of Canada...
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U.S. Probes Leak of Classified Documents on Israel’s Attack Plans

 

The United States government has launched an investigation into the unauthorized release of highly classified documents detailing Israel’s plans to attack Iran. These documents, marked as top secret, were posted on the Telegram messaging app and first reported by CNN and Axios.

The leaked documents provide a detailed assessment of Israel’s military strategies and capabilities, including sensitive information that suggests Israel possesses nuclear weapons. The authenticity of the documents has been confirmed by multiple U.S. officials, who have expressed concern over the potential implications of this breach.

The investigation aims to identify the source of the leak and assess the potential damage to national security and international relations. This incident underscores the ongoing challenges in safeguarding classified information in the digital age.

If you have any questions or need further details, feel free to ask!

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