Euro High Yield (BB–D) Non-Callable Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-bb-d-non-callable
Euro High Yield (BB–D) Non-Callable Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 5.56%, fitted curve 6M–30Y (4.23%–5.57%), 73 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.23% | — |
| 9M | 4.23% | 4.30% |
| 18M | 4.26% | 4.34% |
| 2Y | 4.30% | 4.46% |
| 3Y | 4.43% | 4.78% |
| 4Y | 4.69% | 5.61% |
| 5Y | 5.02% | 6.66% |
| 6Y | 5.30% | 7.07% |
| 7Y | 5.45% | 6.73% |
| 10Y | 5.56% | 5.98% |
| 30Y | 5.57% | 5.65% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.30% and the 10-year 5.56%, a 10Y−2Y spread of +126 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.30% | 3.92% | 3.77% | 3.86% | 3.88% | 3.85% | 3.29% |
| 10Y | 5.56% | 5.30% | 5.18% | 6.08% | — | — | — |
| 10Y − 2Y | +126 bp | +138 bp | +141 bp | +222 bp | — | — | — |
Bonds in this curve
A selection of 30 of the 77 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Petroleos Mexicanos | 4.18% | 2027-04-21 | 2.75% | XS1172951508 |
| Worldline SA | 6.03% | 2027-06-30 | 0.88% | FR0013521564 |
| NEW Immo Holding SA | 4.49% | 2027-07-23 | 3.25% | FR0013524865 |
| Iliad Holding SAS | 3.69% | 2028-02-11 | 1.88% | FR0014001YB0 |
| Petroleos Mexicanos | 4.54% | 2028-02-21 | 4.88% | XS1568888777 |
| Nexans SA | 4.24% | 2028-04-05 | 5.50% | FR001400H0F5 |
| NEW Immo Holding SA | 4.97% | 2028-04-17 | 5.88% | FR001400PIA0 |
| Valeo SE | 3.96% | 2028-08-03 | 1.00% | FR0014004UE6 |
| Clariane SE | 4.44% | 2028-10-15 | 2.25% | FR00140060J6 |
| NEW Immo Holding SA | 5.08% | 2028-12-08 | 4.88% | FR001400EHH1 |
| Iliad Holding SAS | 4.01% | 2029-02-15 | 5.38% | FR001400MLX3 |
| Finnair OYJ | 4.41% | 2029-05-24 | 4.75% | FI4000571260 |
| Nexans SA | 4.15% | 2029-05-29 | 4.12% | FR001400Q5V0 |
| CMA CGM SA | 4.83% | 2029-07-15 | 5.50% | XS2852136816 |
| TDC NET A/S | 4.34% | 2029-08-02 | 5.19% | XS2807518639 |
| Valeo SE | 4.46% | 2030-04-11 | 4.50% | FR001400PAJ8 |
| Spie SA | 4.17% | 2030-05-28 | 3.75% | FR001400ZYD0 |
| Assemblin Caverion Group AB | 5.66% | 2030-07-01 | 6.25% | XS2842976875 |
| Trivium Packaging Finance B.V. | 5.67% | 2030-07-15 | 6.62% | XS3080735726 |
| Clariane SE | 6.92% | 2031-04-15 | 6.88% | XS3314100986 |
| TDC Brands A/S | 9.33% | 2031-04-30 | 8.00% | XS3358347634 |
| Valeo SE | 4.74% | 2031-05-20 | 5.12% | FR001400WJR8 |
| Kapla Holding SAS | 5.51% | 2032-04-30 | 5.12% | XS3356048812 |
| Dufry ONE B.V. | 4.70% | 2032-05-23 | 4.50% | XS3037720227 |
| Froneri LUX Finco Sarl | 5.84% | 2032-08-01 | 4.75% | XS3123695671 |
| United Group B.V. | 6.92% | 2033-05-14 | 6.38% | XS3367705640 |
| Molins Finance S.A. | 5.20% | 2033-06-15 | 5.50% | XS3385893956 |
| Nomad Foods Bondco PLC | 5.50% | 2033-07-15 | 5.25% | XS3453584800 |
| Telekom Srbija AD | 7.13% | 2036-05-18 | 7.12% | XS3370282090 |
| Telecom Italia | 5.41% | 2055-03-17 | 5.25% | XS0214965963 |