Japan Investment Grade Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/eur-corporate-japan
Japan Investment Grade Corporate Bond Yields (EUR) as of 2026-10-26: 10Y at 4.60%, fitted curve 3M–15Y (3.21%–4.78%), 114 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 3.21% | — |
| 6M | 3.37% | 3.54% |
| 9M | 3.50% | 3.77% |
| 12M | 3.61% | 3.92% |
| 18M | 3.75% | 4.12% |
| 2Y | 3.86% | 4.12% |
| 3Y | 4.01% | 4.32% |
| 4Y | 4.12% | 4.51% |
| 5Y | 4.24% | 4.75% |
| 6Y | 4.34% | 4.93% |
| 7Y | 4.43% | 5.04% |
| 8Y | 4.50% | 5.09% |
| 9Y | 4.55% | 5.13% |
| 10Y | 4.60% | 5.17% |
| 15Y | 4.78% | 5.29% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.86% and the 10-year 4.60%, a 10Y−2Y spread of +75 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.86% | 3.86% | 3.39% | 3.32% | 3.10% | 3.14% | 3.15% |
| 10Y | 4.60% | 4.62% | 4.24% | 4.11% | 3.90% | 3.96% | 4.00% |
| 10Y − 2Y | +75 bp | +76 bp | +86 bp | +79 bp | +79 bp | +82 bp | +85 bp |
Bonds in this curve
A selection of 30 of the 115 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Toyota | 3.07% | 2027-01-11 | 3.12% | XS2744121869 |
| Toyota | 3.43% | 2027-04-02 | 4.00% | XS2696749626 |
| Mizuho FG | 3.45% | 2027-04-08 | 1.63% | XS2465984107 |
| Asahi Group | 3.27% | 2027-04-19 | 0.34% | XS2328981431 |
| Smfg | 3.44% | 2027-06-14 | 1.41% | XS1621087516 |
| Mitsubishi HC Capital | 3.50% | 2027-08-02 | 3.62% | XS2867261518 |
| Toyota | 3.43% | 2027-10-21 | 2.28% | XS2156236452 |
| Honda | 3.61% | 2027-10-25 | 3.75% | XS2657613720 |
| Toyota | 3.80% | 2028-02-25 | 0.00% | XS2307309380 |
| Mizuho FG | 3.81% | 2028-04-10 | 1.60% | XS1801905628 |
| Smfg | 4.18% | 2028-08-10 | 1.54% | XS1862483259 |
| Mizuho FG | 4.01% | 2029-09-06 | 0.47% | XS2383901761 |
| Orix | 3.94% | 2029-05-29 | 3.78% | XS2770467848 |
| Smfg | 4.02% | 2029-06-18 | 0.87% | XS2012044454 |
| Nomura | 4.22% | 2030-05-28 | 3.46% | XS3066581664 |
| Smfg | 4.08% | 2030-06-12 | 4.49% | XS2629485447 |
| Mufg | 4.25% | 2031-06-07 | 4.64% | XS2613666739 |
| Mufg | 3.89% | 2031-06-10 | 3.20% | XS3089768157 |
| Mizuho FG | 4.10% | 2032-05-16 | 3.21% | XS3293638568 |
| Smfg | 4.22% | 2032-05-28 | 3.57% | XS3066719959 |
| Mizuho FG | 4.19% | 2033-05-13 | 3.29% | XS2997348037 |
| Mizuho FG | 4.41% | 2033-05-20 | 4.42% | XS2589713614 |
| Mizuho FG | 4.52% | 2034-05-21 | 3.98% | XS2769667234 |
| Toyota | 4.32% | 2034-06-29 | 3.71% | XS3413988786 |
| JTI | 4.59% | 2035-06-17 | 4.12% | XS3040320908 |
| Mizuho FG | 4.59% | 2035-08-26 | 3.69% | XS3157912943 |
| Mufg | 4.45% | 2036-06-10 | 3.87% | XS3089768314 |
| Softbank Group | 4.97% | 2036-06-30 | 4.47% | XS3317460700 |
| JR East | 4.50% | 2039-09-15 | 1.10% | XS2385121749 |
| JR East | 4.78% | 2043-02-22 | 4.11% | XS2588859376 |