本日の逆イールドのカーブ
2026-09-10時点の10年−2年タームスプレッド
2026-09-10時点で、債券イールドカーブ1682本のうち18本が逆イールド（推定10年物利回りが2年物を下回る状態）です。最も深い逆イールド：USD Corporate Secured BB+–D (High Yield) Oil & Gas（-191bp）。
スプレッドは各カーブの最新更新日における2年物と10年物の推定値から算出し、直近7日以内に更新されたカーブのみを対象としています。スプレッドがマイナス（短期の利回りが長期を上回る状態）は、国債ベンチマークでは景気後退の典型的なシグナルとして注目されますが、セクター別や発行体別のカーブでは、短い年限に織り込まれた足元の信用不安を示すことが多くなります。
国債ベンチマーク
| カーブ | 2Y | 10Y | 10Y − 2Y | Δ 1か月 | 6か月推移 | 銘柄数 |
|---|---|---|---|---|---|---|
| RON Government | 7.21% | 7.44% | +23 bp | +42 bp | 69 | |
| US Treasury | 4.54% | 4.90% | +36 bp | -8 bp | 331 | |
| USD Government Domestic | 4.54% | 4.90% | +36 bp | — | 331 | |
| USD Government | 4.54% | 4.90% | +36 bp | -8 bp | 1049 | |
| German Bund | 3.09% | 3.50% | +41 bp | -4 bp | 88 | |
| AUD Government | 4.90% | 5.32% | +42 bp | -4 bp | 34 | |
| Australian Government Bond (ACGB) | 4.90% | 5.32% | +42 bp | -4 bp | 31 | |
| HKD Government | 3.23% | 3.67% | +44 bp | -15 bp | 31 | |
| CNY Government | 1.44% | 1.88% | +44 bp | +2 bp | 47 | |
| China Government Bond (CGB) | 1.44% | 1.88% | +44 bp | +2 bp | 30 | |
| CAD Government | 3.28% | 3.94% | +66 bp | -5 bp | 56 | |
| Government of Canada Bond | 3.28% | 3.94% | +66 bp | -5 bp | 55 | |
| GBP Government | 4.68% | 5.35% | +67 bp | -8 bp | 68 | |
| UK Gilt | 4.68% | 5.35% | +67 bp | -8 bp | 68 | |
| Spanish Bono | 3.17% | 3.96% | +78 bp | +3 bp | 61 | |
| USD Government Foreign | 5.15% | 5.96% | +82 bp | — | 718 | |
| EUR Government Domestic | 3.25% | 4.12% | +87 bp | — | 672 | |
| Italian BTP | 3.37% | 4.37% | +99 bp | +2 bp | 114 | |
| EUR Government | 3.21% | 4.21% | +101 bp | +4 bp | 920 | |
| JPY Government | 1.80% | 2.90% | +110 bp | -11 bp | 292 | |
| Japanese Government Bond (JGB) | 1.80% | 2.90% | +110 bp | -11 bp | 292 | |
| Indonesia USD Sovereign Bond | 4.74% | 5.85% | +111 bp | -11 bp | 65 | |
| French OAT | 3.29% | 4.41% | +112 bp | +10 bp | 70 | |
| EUR Government Foreign | 3.97% | 5.13% | +116 bp | — | 248 | |
| Türkiye USD Sovereign Bond | 6.14% | 7.40% | +126 bp | — | 31 | |
| INR Government | 5.45% | 6.86% | +141 bp | +104 bp | 77 | |
| Indian Government Security (G-Sec) | 5.45% | 6.86% | +141 bp | +104 bp | 77 |
本日逆イールド
逆イールドに近い（10年−2年が25bp未満）
| カーブ | 2Y | 10Y | 10Y − 2Y | Δ 1か月 | 6か月推移 | 銘柄数 |
|---|---|---|---|---|---|---|
| USD Corporate Secured Technology, Media & Telecom | 7.35% | 7.35% | +1 bp | -39 bp | 201 | |
| USD Corporate Secured BB+–D (High Yield) United States | 6.46% | 6.47% | +1 bp | -154 bp | 432 | |
| USD Corporate Secured BB+–D (High Yield) United States Callable | 6.46% | 6.50% | +5 bp | -72 bp | 431 | |
| USD Corporate Senior Unsecured Argentina Callable | 7.59% | 7.65% | +6 bp | -54 bp | 58 | |
| USD Corporate Senior Unsecured Argentina | 7.57% | 7.64% | +7 bp | -53 bp | 59 | |
| EUR Corporate Asset Managers | 3.85% | 3.93% | +8 bp | -11 bp | 41 | |
| EUR Corporate Senior Unsecured Asset Managers | 3.83% | 3.93% | +10 bp | +4 bp | 40 | |
| USD Corporate Senior Unsecured Metals & Mining Canada | 6.30% | 6.45% | +15 bp | -66 bp | 37 | |
| USD Corporate Senior Unsecured Metals & Mining Canada Callable | 6.30% | 6.47% | +17 bp | -70 bp | 36 | |
| CNY Corporate Senior Unsecured | 2.21% | 2.42% | +21 bp | -24 bp | 88 | |
| USD Corporate Senior Unsecured Technology, Media & Telecom United States Non-Callable | 5.36% | 5.58% | +22 bp | -21 bp | 31 | |
| RON Government | 7.21% | 7.44% | +23 bp | +42 bp | 69 |