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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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Piña Coladas

 


If you like piña coladas, whip up this frosty cocktail with frozen pineapple, cream of coconut, and rum.

INGREDIENTS

  • 2 cups frozen pineapple chunks
  • 2 cups ice cubes
  • 6 oz. (¾ cup) Coco Lopez® Cream of Coconut
  • 2 oz. (¼ cup) full-fat unsweetened coconut milk
  • or heavy cream
  • 6 oz. (¾ cup) white rum
  • Juice of 1 lime (about 2 tablespoons)
  • Pineapple slices and/or Maraschino cherries, for
  • garnish


  • INSTRUCTIONS  

Put the pineapple, ice, cream of coconut, coconut milk (or heavy cream), rum, and lime  juice into a blender.

Blend until smooth and frosty. Pour into glasses and garnish with pineapple slices and Maraschino cherries, if desired. Serve immediately.





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