UK Senior Unsecured Consumer Products & Retail Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-consumer-products-retail
UK Senior Unsecured Consumer Products & Retail Corporate Bond Yields (GBP) as of 2026-09-11: 10Y at 5.96%, fitted curve 1M–30Y (4.79%–7.01%), 51 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.79% | — |
| 3M | 4.81% | 4.82% |
| 6M | 4.84% | 4.99% |
| 9M | 4.88% | 5.04% |
| 18M | 4.97% | 5.13% |
| 2Y | 5.04% | 5.31% |
| 3Y | 5.16% | 5.51% |
| 4Y | 5.29% | 5.78% |
| 6Y | 5.53% | 6.19% |
| 7Y | 5.64% | 6.59% |
| 8Y | 5.75% | 6.85% |
| 9Y | 5.86% | 7.11% |
| 10Y | 5.96% | 7.35% |
| 15Y | 6.38% | 8.01% |
| 25Y | 6.88% | 9.17% |
| 30Y | 7.01% | 9.81% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.04% and the 10-year 5.96%, a 10Y−2Y spread of +92 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 | 5.04% | 4.82% | 4.87% | 4.86% | 5.02% | 4.84% | 4.58% |
| 10Y | 5.96% | 5.65% | 5.50% | 5.47% | 5.68% | 5.50% | 5.45% |
| 10Y − 2Y | +92 bp | +83 bp | +63 bp | +61 bp | +66 bp | +66 bp | +87 bp |
Yields by rating group
The same curve split by credit quality: 54 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.38%, A+ to BBB- 5.80%.
Bonds in this curve
A selection of 30 of the 54 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Next Group PLC | 9.61% | 2026-10-02 | 4.38% | XS0975833319 |
| Nestle SA | 4.39% | 2026-09-21 | 5.25% | XS2689044258 |
| Diageo Capital PLC | 4.17% | 2026-10-12 | 1.75% | XS1982100643 |
| Kering SA | 6.24% | 2026-11-23 | 5.12% | FR001400M6M1 |
| Lvmh Moet Hennessy Louis Vuitton SE | 5.13% | 2027-02-11 | 1.12% | FR0013482866 |
| Nestle SA | 4.44% | 2027-04-04 | 2.12% | XS2464407514 |
| Kraft Heinz Foods CO | 5.26% | 2027-07-01 | 4.12% | XS1253559865 |
| Unilever PLC | 4.59% | 2028-02-28 | 2.12% | XS2450201046 |
| Diageo Capital PLC | 5.08% | 2028-06-08 | 2.38% | XS2466404329 |
| British American Tobacco plc | 5.29% | 2028-06-26 | 2.25% | XS2197683894 |
| Intercontinental Hotels Group PLC | 5.63% | 2028-10-08 | 3.38% | XS2240494711 |
| Nestle SA | 5.07% | 2029-03-22 | 4.50% | XS2787862346 |
| Diageo Capital PLC | 5.23% | 2029-03-27 | 2.88% | XS2147890607 |
| Procter & Gamble CO | 4.95% | 2029-05-03 | 1.80% | XS1608101652 |
| Burberry Group PLC | 6.03% | 2030-06-20 | 5.75% | XS2831553073 |
| J Sainsbury PLC | 5.33% | 2030-06-29 | 5.12% | XS2989441899 |
| Walmart INC | 5.06% | 2030-12-19 | 5.75% | XS0121617517 |
| Nestle SA | 5.36% | 2032-04-04 | 2.50% | XS2464407860 |
| Mcdonald's Corp | 5.53% | 2032-04-23 | 5.88% | XS0146389464 |
| Diageo Capital PLC | 5.27% | 2033-03-28 | 1.25% | XS2240066915 |
| Nestle SA | 5.46% | 2033-06-23 | 1.38% | XS2354308194 |
| Mcdonald's Corp | 5.60% | 2034-03-15 | 2.95% | XS1963745580 |
| Walmart INC | 5.56% | 2034-03-27 | 5.62% | XS0419834931 |
| Walmart INC | 5.67% | 2035-09-28 | 5.25% | XS0202077953 |
| Nestle SA | 5.77% | 2036-03-22 | 4.75% | XS2787862429 |
| Anheuser-Busch Inbev SA/NV | 5.94% | 2037-05-25 | 2.85% | BE6295395956 |
| British American Tobacco plc | 6.71% | 2040-07-05 | 5.75% | XS0522408599 |
| British American Tobacco plc | 6.88% | 2052-09-09 | 2.25% | XS1488409977 |
| Mcdonald's Corp | 6.80% | 2054-06-11 | 4.12% | XS1075996907 |
| British American Tobacco plc | 7.10% | 2055-11-23 | 4.00% | XS1324911608 |