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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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Parmesan Crusted Chicke

 


For Breading

  • ½ cup all purpose flour
  • 2 eggs
  • ⅔ cup seasoned Italian bread crumbs 
  • ⅓ cup freshly grated Parmigiano-Reggiano cheese
  • ¼ teaspoon salt
  • ¼ teaspoon freshly ground black pepper
  • 1 tablespoon finely chopped fresh herbs, such as thyme, parsley, chives or rosemary

For Chicken

  • 3-4 boneless skinless chicken breasts (about 1½ pounds), pounded ¼"-thick (see note)
  • Salt and freshly ground black pepper
  • ¼ cup olive oil
  • Lemon wedges, for serving

  • INSTRUCTIONS


    • 1. Prepare the Breading Stations: Set up three shallow bowls. Fill the first with flour, the second with beaten eggs, and the third with a mixture of bread crumbs, Parmesan cheese, salt, pepper, and chopped fresh herbs.

    2. Season the Chicken: Season the chicken breasts with salt and pepper.

    3. Bread the Chicken: Dredge each chicken breast in flour, then dip in the egg mixture, and finally coat with the bread crumb mixture.

    4. Cook the Chicken: Heat oil in a large sauté pan over medium heat. Cook the chicken breasts for 2-3 minutes on each side until golden brown and cooked through.

    5. Serve: Serve immediately with lemon wedges.

    This dish is perfect for a weeknight dinner or a special occasion. Enjoy!


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