Euro Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/eur-corporate-technology-media-telecom-non-callable
Euro Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR) as of 2026-09-11: 10Y at 4.63%, fitted curve 3M–40Y (2.94%–5.30%), 213 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.94% | — |
| 6M | 3.00% | 3.10% |
| 9M | 3.08% | 3.42% |
| 12M | 3.19% | 3.42% |
| 18M | 3.47% | 4.07% |
| 2Y | 3.62% | 4.14% |
| 3Y | 3.78% | 4.18% |
| 4Y | 3.93% | 4.45% |
| 5Y | 4.07% | 4.74% |
| 6Y | 4.20% | 5.01% |
| 7Y | 4.32% | 5.25% |
| 8Y | 4.43% | 5.46% |
| 9Y | 4.54% | 5.65% |
| 10Y | 4.63% | 5.80% |
| 15Y | 4.97% | 6.09% |
| 20Y | 5.15% | 6.21% |
| 25Y | 5.23% | 6.08% |
| 30Y | 5.28% | 5.89% |
| 40Y | 5.30% | 5.66% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.62% and the 10-year 4.63%, a 10Y−2Y spread of +101 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 | 3.62% | 3.22% | 3.11% | 3.15% | 3.23% | 3.11% | 2.78% |
| 10Y | 4.63% | 4.24% | 4.09% | 4.02% | 4.07% | 4.01% | 3.98% |
| 10Y − 2Y | +101 bp | +102 bp | +98 bp | +87 bp | +85 bp | +90 bp | +120 bp |
Yields by rating group
The same curve split by credit quality: 206 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.17%, A+ to BBB- 4.18%, Speculative 4.67%.
Bonds in this curve
A selection of 30 of the 215 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Vodafone Group PLC | 3.22% | 2026-11-24 | 0.90% | XS2002017361 |
| Deutsche Telekom AG | 2.84% | 2027-01-30 | 1.38% | XS1557095616 |
| Orange SA | 2.82% | 2027-02-03 | 0.88% | FR0013217114 |
| America Movil SAB de CV | 3.34% | 2027-06-26 | 0.75% | XS2006277508 |
| Worldline SA | 6.03% | 2027-06-30 | 0.88% | FR0013521564 |
| Orange SA | 3.03% | 2027-09-09 | 1.50% | FR0013241676 |
| Lagardere SCA | 5.60% | 2027-10-07 | 1.75% | FR0014005SR9 |
| Legrand SA | 3.40% | 2027-12-16 | 1.88% | FR0013073277 |
| Deutsche Telekom AG | 3.11% | 2028-01-17 | 3.25% | XS0875797515 |
| MMS USA Holdings INC | 3.70% | 2028-06-13 | 1.25% | FR0013425147 |
| Legrand SA | 3.54% | 2028-06-24 | 0.62% | FR0013428943 |
| NTT Finance Corporation | 3.76% | 2029-03-16 | 2.91% | XS3100081093 |
| Telstra Group Limited | 3.69% | 2029-03-26 | 1.38% | XS1966038249 |
| WPP PLC | 3.98% | 2030-03-23 | 1.62% | XS1205548164 |
| Indigo Group SAS | 4.13% | 2030-04-18 | 4.50% | FR001400LCK1 |
| Deutsche Telekom AG | 3.46% | 2031-03-25 | 1.75% | DE000A2TSDE2 |
| TDC Brands A/S | 9.33% | 2031-04-30 | 8.00% | XS3358347634 |
| Telenor ASA | 4.05% | 2032-04-01 | 3.38% | XS3035229999 |
| Orange SA | 4.08% | 2032-04-07 | 1.62% | FR0013506300 |
| Naver Corporation | 4.28% | 2033-04-21 | 3.75% | XS3324309049 |
| Telefonica Emisiones SAU | 4.47% | 2033-05-02 | 3.71% | XS3285006634 |
| AT&T INC | 4.41% | 2034-03-15 | 3.38% | XS1076018305 |
| Alphabet INC | 4.13% | 2034-05-11 | 3.62% | XS3363386544 |
| Digital Dutch Finco BV | 4.91% | 2035-03-15 | 3.88% | XS2976337753 |
| Telekom Srbija AD | 7.13% | 2036-05-18 | 7.12% | XS3370282090 |
| Deutsche Telekom AG | 4.34% | 2039-03-29 | 2.25% | DE000A2LQRS3 |
| Deutsche Telekom AG | 5.07% | 2044-09-12 | 3.56% | XS2900442356 |
| Orange SA | 4.72% | 2049-09-04 | 1.38% | FR0013444692 |
| Telecom Italia | 5.41% | 2055-03-17 | 5.25% | XS0214965963 |
| Alphabet INC | 5.35% | 2063-05-11 | 4.80% | XS3363388086 |