How can a Canada 10-year bond purchased today possibly lose 2.2% per year over the next seven years?

First that bond yields close to 1.8% currently. For it to lose 2.2% per year, that mean after the interest paid on the bond, the value of the bond would need to decline by approximately 4.0% per year. That means seven years from today, the value that the bond is trading at would need to be some 31% lower than it trades at today and it wuld have only three years to go until it matured at par. It's three year yield to maturity would be somewhere around  16% per year. 

This scenario is very doubtful.