Euro Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/eur-corporate-technology-media-telecom-non-callable
Euro Non-Callable Technology, Media & Telecom Corporate Bond Yields (EUR) as of 2026-07-27: 10Y at 4.23%, fitted curve 1M–30Y (2.75%–4.49%), 211 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 2.75% | — |
| 3M | 2.78% | 2.80% |
| 6M | 2.84% | 2.89% |
| 12M | 2.95% | 3.06% |
| 18M | 3.06% | 3.27% |
| 2Y | 3.16% | 3.48% |
| 3Y | 3.36% | 3.77% |
| 4Y | 3.55% | 4.10% |
| 5Y | 3.71% | 4.37% |
| 6Y | 3.85% | 4.57% |
| 7Y | 3.97% | 4.70% |
| 8Y | 4.07% | 4.79% |
| 9Y | 4.16% | 4.83% |
| 10Y | 4.23% | 4.84% |
| 15Y | 4.41% | 4.78% |
| 20Y | 4.47% | 4.63% |
| 25Y | 4.48% | 4.55% |
| 30Y | 4.49% | 4.51% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.16% and the 10-year 4.23%, a 10Y−2Y spread of +106 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 | 3.16% | 2.96% | 3.13% | 3.07% | 3.20% | 2.54% | 2.71% |
| 10Y | 4.23% | 3.90% | 4.00% | 4.03% | 4.14% | 3.78% | 3.83% |
| 10Y − 2Y | +106 bp | +94 bp | +87 bp | +96 bp | +94 bp | +124 bp | +112 bp |
Yields by rating group
The same curve split by credit quality: 207 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 3.80%, A+ to BBB- 3.79%, Speculative 4.19%.
Bonds in this curve
A selection of 30 of the 215 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 |
| Iliad Holding SAS | 3.97% | 2027-06-14 | 5.38% | FR001400EJI5 |
| America Movil SAB de CV | 3.00% | 2027-06-26 | 0.75% | XS2006277508 |
| Ubisoft Entertainment SA | 9.53% | 2027-11-24 | 0.88% | FR0014000O87 |
| Legrand SA | 3.05% | 2027-12-16 | 1.88% | FR0013073277 |
| AT&T INC | 3.26% | 2028-05-19 | 1.60% | XS2180007549 |
| TDC NET A/S | 3.72% | 2028-05-31 | 5.06% | XS2484502823 |
| Iliad Holding SAS | 4.05% | 2029-02-15 | 5.38% | FR001400MLX3 |
| Booking Holdings INC | 3.38% | 2029-03-01 | 3.50% | XS2776511060 |
| Jcdecaux SE | 3.56% | 2030-02-07 | 1.62% | FR00140082Z6 |
| TDC NET A/S | 4.19% | 2030-02-06 | 5.62% | XS2582501925 |
| 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 |
| Alphabet INC | 4.29% | 2039-05-11 | 4.10% | XS3363387435 |
| Booking Holdings INC | 4.87% | 2044-03-01 | 4.00% | XS2777442281 |
| Deutsche Telekom AG | 4.46% | 2049-12-09 | 1.75% | XS2089226026 |
| Telecom Italia | 5.28% | 2055-03-17 | 5.25% | XS0214965963 |