Canadian Corporate Bond Yields (CAD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/cad-corporate
Canadian Corporate Bond Yields (CAD) as of 2026-09-10: 10Y at 4.84%, fitted curve 1M–40Y (2.44%–5.45%), 533 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.44% | — |
| 3M | 2.52% | 2.56% |
| 6M | 2.65% | 2.82% |
| 9M | 2.79% | 3.24% |
| 12M | 2.93% | 3.24% |
| 18M | 3.21% | 3.81% |
| 2Y | 3.46% | 4.29% |
| 3Y | 3.86% | 4.78% |
| 4Y | 4.15% | 5.15% |
| 5Y | 4.35% | 5.36% |
| 6Y | 4.51% | 5.46% |
| 7Y | 4.62% | 5.48% |
| 8Y | 4.70% | 5.50% |
| 9Y | 4.77% | 5.57% |
| 10Y | 4.84% | 5.69% |
| 15Y | 5.14% | 6.18% |
| 20Y | 5.34% | 6.58% |
| 25Y | 5.45% | 6.54% |
| 30Y | 5.40% | 4.61% |
| 40Y | 4.84% | 0.55% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.46% and the 10-year 4.84%, a 10Y−2Y spread of +138 bp — positively sloped — as of 2026-09-10. The chart and table below track how they have moved.
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.46% | 3.32% | 3.17% | 3.24% | 3.24% | 3.20% | 3.00% |
| 10Y | 4.84% | 5.07% | 4.53% | 4.55% | 4.48% | 4.54% | 4.50% |
| 10Y − 2Y | +138 bp | +176 bp | +136 bp | +131 bp | +124 bp | +134 bp | +150 bp |
Yields by rating group
The same curve split by credit quality: 822 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 2.70%, A+ to BBB- 2.72%, Speculative 5.29%.
Bonds in this curve
A selection of 30 of the 1486 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Lbbw | 5.56% | 2026-10-21 | 1.00% | DE000LB2BHS4 |
| Royal Bank of Canada | 4.07% | 2026-11-02 | 5.24% | CA780086VV38 |
| Royal Bank of Canada | 2.48% | 2026-11-12 | 0.00% | CA780083YD71 |
| Deere & Company | 4.02% | 2027-01-20 | 4.36% | CA47788ZAQ42 |
| National Bank of Canada | 2.81% | 2027-02-08 | 4.27% | CA136765BZ64 |
| Walt Disney Company/the | 3.17% | 2027-03-30 | 3.06% | CA254687FU53 |
| Toronto-Dominion Bank | 3.52% | 2027-06-01 | 4.21% | CA89117F7G86 |
| Deere & Company | 3.52% | 2027-06-14 | 4.95% | CA47788ZAN11 |
| Daimler Truck Finance North America LLC | 4.11% | 2027-09-20 | 5.22% | CA233852AF92 |
| Loblaw Companies Limited | 3.80% | 2027-11-08 | 6.65% | CA53947ZAC10 |
| Bank of Montreal | 3.48% | 2028-03-01 | 3.19% | CA06368BTX69 |
| Royal Bank of Canada | 3.92% | 2028-05-01 | 4.63% | CA780086XL38 |
| National Bank of Canada | 3.77% | 2028-06-14 | 5.22% | CA63306AHP45 |
| Mercedes-Benz | 3.80% | 2028-06-27 | 5.12% | CA58769CAB87 |
| Deere & Company | 3.92% | 2029-04-04 | 4.63% | CA47788ZAR25 |
| Rogers Communications INC | 4.07% | 2029-05-01 | 3.25% | CA775109BJ98 |
| Hydro ONE INC | 4.43% | 2030-06-03 | 7.35% | CA448810AC58 |
| Ford Motor Company | 4.96% | 2030-06-24 | 4.45% | CA34527ADG28 |
| Bell Canada | 4.11% | 2031-03-17 | 3.00% | CA07813ZCG78 |
| Alphabet INC | 4.16% | 2031-05-15 | 3.65% | CA02079WAG65 |
| Transcanada Pipelines Limited | 4.58% | 2032-05-12 | 5.33% | CA89353ZCK27 |
| Alphabet INC | 4.48% | 2033-05-15 | 4.00% | CA02079WAA95 |
| Cppib Capital INC | 3.97% | 2034-06-02 | 4.30% | CA12593CAY71 |
| Metro INC | 5.01% | 2035-10-15 | 5.97% | CA59162ZAB81 |
| AT&T INC | 5.16% | 2036-03-12 | 4.50% | CA00206RNL29 |
| Power Corporation of Canada | 5.59% | 2039-04-22 | 8.57% | CA739239AC53 |
| Enbridge INC | 5.64% | 2045-09-29 | 4.55% | CA29251ZCX39 |
| Bell Canada | 5.98% | 2053-02-09 | 5.15% | CA07813ZCM47 |
| AT&T INC | 5.91% | 2056-03-12 | 5.25% | CA00206RNM02 |
| Hydro-Quebec | 4.98% | 2063-02-15 | 4.00% | CA448814JD62 |