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Why Your Grocery Bill Keeps Rising — And What You Can Do About It

  It's not just gas. Canada's food inflation hit its highest pace in over a year in May 2026 — and produce prices are leading the charge. MoneySavings.ca  |  June 27, 2026 If your grocery receipts have been giving you sticker shock lately, you're not imagining things. Canada's official inflation figures, released by Statistics Canada on June 22, confirm that food prices are climbing faster than the overall cost of living — and have been for 16 consecutive months . If you're trying to figure out why your weekly shop costs so much more than it did a year ago, here's a plain-English breakdown — and some practical steps you can take to soften the blow. By the Numbers — May 2026 (Statistics Canada) Overall CPI: +3.2% year over year (highest since December 2023) Grocery prices (food purchased from stores): +4.3% year over year Fresh vegetables: +9.0% year over year Fresh fruit: +5.3% year over year Tomatoes: +45.2% year over year Lettuce: +10.7% year over year G...
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Stock Market Today: Rising Treasury Yields Spook Investors

         

In today’s volatile stock market, rising Treasury yields have sent shockwaves through the financial world. As investors grapple with the implications of higher interest rates, major US indexes are facing a downward slide.

Key Points:

  • The S&P 500 (^GSPC) fell by 0.7%, while the Dow Jones Industrial Average (^DJI) drifted about 0.9% lower, shedding nearly 350 points.
  • The Nasdaq Composite (^IXIC) also slid more than 0.7%.
  • The yield on five-year Treasurys rose to near four-week highs on Tuesday, while the 10-year yield (^TNX) topped the key 4.5% level.
  • Investors are concerned that the Federal Reserve will keep rates higher for longer, impacting stock valuations.
  • These worries seem to overshadow the hopes for AI growth that recently lifted the Nasdaq to a record high following Nvidia’s post-earnings rally.

What’s Driving the Yields?

  • A government debt auction flopped, leading to a jump in US bond yields.
  • The release of the Fed’s Beige Book later today could provide more insight ahead of Friday’s reading on PCE, the central bank’s preferred inflation gauge.

American Airlines Slashes Earnings Outlook

  • American Airlines (AAL) stock plummeted more than 15% as the airline carrier cut its earnings per share guidance for the current quarter.
  • The company cited higher domestic competition and a loss of corporate share as reasons for the downward revision.
  • Despite robust demand in the airlines industry, American Airlines faces headwinds due to the spike in Treasury yields.

Market Outlook:

  • The rate-sensitive Nasdaq Composite ended the session down 1.6%, while the S&P 500 gave back 1.3%.
  • Yields on the 2-year and 10-year Treasury bonds hit their highest levels since 2006 and 2007, respectively.

Investors are closely monitoring the situation, trying to decipher the impact on Fed policy-making. As the market grapples with uncertainty, it’s clear that rising yields are a major concern. 

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