Euro A–BBB Senior Unsecured Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-senior-unsecured-a-bbb-technology-media-telecom-non-callable
Euro A–BBB Senior Unsecured Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.23%, fitted curve 1M–25Y (2.59%–4.42%), 170 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.59% | — |
| 3M | 2.63% | 2.65% |
| 6M | 2.69% | 2.76% |
| 12M | 2.82% | 2.95% |
| 18M | 2.95% | 3.20% |
| 2Y | 3.07% | 3.44% |
| 3Y | 3.30% | 3.76% |
| 4Y | 3.51% | 4.13% |
| 5Y | 3.69% | 4.42% |
| 6Y | 3.84% | 4.62% |
| 7Y | 3.97% | 4.74% |
| 8Y | 4.08% | 4.81% |
| 9Y | 4.16% | 4.83% |
| 10Y | 4.23% | 4.83% |
| 15Y | 4.39% | 4.73% |
| 20Y | 4.42% | 4.51% |
| 25Y | 4.39% | 4.25% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.07% and the 10-year 4.23%, a 10Y−2Y spread of +116 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 3.07% | 2.88% | 3.02% | 3.01% | 3.12% | — | 2.57% |
| 10Y | 4.23% | 3.90% | 4.00% | 4.03% | 4.14% | 3.77% | 3.82% |
| 10Y − 2Y | +116 bp | +102 bp | +98 bp | +102 bp | +102 bp | — | +125 bp |
Bonds in this curve
A selection of 30 of the 172 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| SKY Limited | 2.43% | 2026-09-15 | 2.50% | XS1109741329 |
| Dassault Systemes SE | 2.32% | 2026-09-16 | 0.12% | FR0013444544 |
| Vodafone Group PLC | 2.49% | 2026-11-24 | 0.90% | XS2002017361 |
| Deutsche Telekom AG | 2.41% | 2027-01-30 | 1.38% | XS1557095616 |
| Orange SA | 2.56% | 2027-02-03 | 0.88% | FR0013217114 |
| America Movil SAB de CV | 3.00% | 2027-06-26 | 0.75% | XS2006277508 |
| Orange SA | 2.97% | 2027-07-07 | 1.25% | FR0013506292 |
| Legrand SA | 3.05% | 2027-12-16 | 1.88% | FR0013073277 |
| Deutsche Telekom AG | 2.62% | 2028-01-17 | 3.25% | XS0875797515 |
| AT&T INC | 3.26% | 2028-05-19 | 1.60% | XS2180007549 |
| MMS USA Holdings INC | 3.23% | 2028-06-13 | 1.25% | FR0013425147 |
| Booking Holdings INC | 3.38% | 2029-03-01 | 3.50% | XS2776511060 |
| NTT Finance Corporation | 3.47% | 2029-03-16 | 2.91% | XS3100081093 |
| Jcdecaux SE | 3.56% | 2030-02-07 | 1.62% | FR00140082Z6 |
| Infineon Technologies AG | 3.49% | 2030-02-13 | 2.88% | XS2996771767 |
| Infineon Technologies AG | 3.62% | 2031-02-16 | 3.00% | XS3296961975 |
| Deutsche Telekom AG | 3.10% | 2031-03-25 | 1.75% | DE000A2TSDE2 |
| Deutsche Telekom AG | 3.32% | 2032-02-03 | 3.00% | XS2987630873 |
| British Telecommunications PLC | 3.81% | 2032-02-11 | 3.12% | XS2994509706 |
| Deutsche Telekom AG | 3.65% | 2033-04-28 | 3.38% | XS3356130073 |
| Telefonica Emisiones SAU | 4.08% | 2033-05-02 | 3.71% | XS3285006634 |
| Infineon Technologies AG | 3.87% | 2034-02-16 | 3.50% | XS3296963591 |
| AT&T INC | 4.00% | 2034-03-15 | 3.38% | XS1076018305 |
| Koninklijke KPN N.V. | 4.05% | 2035-02-17 | 3.38% | XS3003295519 |
| T-Mobile USA INC | 4.06% | 2035-02-19 | 3.62% | XS3298843924 |
| Koninklijke KPN N.V. | 4.16% | 2036-02-16 | 3.88% | XS2764455619 |
| Verizon Communications | 4.22% | 2036-02-28 | 3.75% | XS2770514946 |
| Deutsche Telekom AG | 4.03% | 2039-03-29 | 2.25% | DE000A2LQRS3 |
| Booking Holdings INC | 4.87% | 2044-03-01 | 4.00% | XS2777442281 |
| Deutsche Telekom AG | 4.46% | 2049-12-09 | 1.75% | XS2089226026 |