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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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Gingerbread Cookies

Ingredients:

- 3 cups all-purpose flour

- 3/4 cup brown sugar

- 1/2 cup unsalted butter, softened

- 1/2 cup molasses

- 1 egg

- 1 teaspoon baking soda

- 1 teaspoon ground cinnamon

- 1 teaspoon ground ginger

- 1/2 teaspoon ground cloves

- 1/4 teaspoon salt


Instructions:

1. Mix Dry Ingredients: In a medium bowl, whisk together the flour, baking soda, cinnamon, ginger, cloves, and salt.

2. Cream Butter and Sugar: In a large bowl, beat the butter and brown sugar until light and fluffy. Then, add in the egg and molasses and mix well.

3. Combine: Gradually add the dry ingredients to the butter mixture, blending well after each addition.

4. Chill: Divide the dough in half, flatten into disks, wrap in plastic wrap, and refrigerate for at least 2 hours.

5. Roll and Cut: Preheat your oven to 350°F (175°C). Roll out the dough on a lightly floured surface to about 1/4 inch thickness. Cut into shapes using cookie cutters.

6. Bake: Place the cookies on a parchment-lined baking sheet. Bake for 8-10 minutes or until the edges are firm. Let them cool on the baking sheet for a few minutes before transferring to a wire rack to cool completely.

7. Decorate: Once cooled, you can decorate the cookies with icing and sprinkles as desired.


I hope you have fun baking these! 

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