United States Senior Unsecured Non-Callable Corporate Bond Yields (GBP)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/gbp-corporate-senior-unsecured-united-states-non-callable
United States Senior Unsecured Non-Callable Corporate Bond Yields (GBP) as of 2026-07-27: 10Y at 5.91%, fitted curve 1M–30Y (4.87%–6.61%), 61 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.87% | — |
| 3M | 4.89% | 4.89% |
| 6M | 4.90% | 4.92% |
| 12M | 4.94% | 4.98% |
| 18M | 4.98% | 5.07% |
| 2Y | 5.03% | 5.16% |
| 3Y | 5.12% | 5.31% |
| 4Y | 5.23% | 5.53% |
| 5Y | 5.33% | 5.77% |
| 6Y | 5.45% | 6.02% |
| 7Y | 5.57% | 6.27% |
| 8Y | 5.68% | 6.50% |
| 9Y | 5.80% | 6.71% |
| 10Y | 5.91% | 6.89% |
| 15Y | 6.33% | 7.17% |
| 30Y | 6.61% | 6.90% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.03% and the 10-year 5.91%, a 10Y−2Y spread of +88 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 ago2026-01-26 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.03% | 4.78% | 5.03% | 5.08% | 5.26% | 4.17% | 4.32% |
| 10Y | 5.91% | 5.56% | 5.75% | 5.80% | 5.85% | 5.37% | 5.21% |
| 10Y − 2Y | +88 bp | +79 bp | +72 bp | +71 bp | +58 bp | +120 bp | +90 bp |
Yields by rating group
The same curve split by credit quality: 66 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.09%, A+ to BBB- 5.44%, Speculative 6.82%.
Bonds in this curve
A selection of 30 of the 66 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Caterpillar | 4.36% | 2026-08-17 | 5.72% | XS2667627124 |
| Bank of America Corporation | 5.05% | 2026-12-10 | 4.25% | XS1002979141 |
| Jpmorgan Chase & CO | 4.99% | 2026-12-18 | 3.50% | XS0866897829 |
| Morgan Stanley | 4.96% | 2027-03-09 | 2.62% | XS1577762823 |
| Kraft Heinz Foods CO | 5.08% | 2027-07-01 | 4.12% | XS1253559865 |
| Apollo Global Management INC | 5.53% | 2027-07-28 | 5.15% | XS2796468432 |
| Apollo Global Management INC | 5.44% | 2027-11-24 | 1.75% | XS2264159471 |
| Caterpillar | 4.72% | 2028-02-28 | 4.62% | XS3013246692 |
| Goldman Sachs Group INC | 4.93% | 2028-04-10 | 7.25% | XS0357124618 |
| Bank of America Corporation | 4.88% | 2028-07-31 | 7.00% | XS0379947236 |
| Ford Motor Company | 5.56% | 2028-10-09 | 5.62% | XS2744491106 |
| Deere & Company | 4.66% | 2028-10-18 | 5.12% | XS2703627021 |
| Procter & Gamble CO | 4.69% | 2029-05-03 | 1.80% | XS1608101652 |
| Wells Fargo & Company | 5.21% | 2029-05-02 | 2.50% | XS1989386021 |
| Procter & Gamble CO | 5.07% | 2030-01-31 | 6.25% | XS0106655235 |
| Ford Motor Company | 5.94% | 2030-04-30 | 5.78% | XS2892967782 |
| United Parcel Service INC | 5.30% | 2031-02-12 | 5.50% | XS0124554618 |
| Citigroup INC | 5.37% | 2031-03-03 | 4.50% | XS0245936496 |
| Prologis International Funding II S.A. | 5.39% | 2032-02-22 | 2.75% | XS2447550620 |
| Mcdonald's Corp | 5.13% | 2032-04-23 | 5.88% | XS0146389464 |
| Morgan Stanley | 5.62% | 2033-11-18 | 5.79% | XS2558389891 |
| Verizon Communications | 5.86% | 2034-02-17 | 4.75% | XS1030900325 |
| Mcdonald's Corp | 5.43% | 2034-03-15 | 2.95% | XS1963745580 |
| Walmart INC | 5.37% | 2035-09-28 | 5.25% | XS0202077953 |
| Morgan Stanley | 5.75% | 2035-10-24 | 5.21% | XS2927570858 |
| GE Aerospace | 6.00% | 2037-09-18 | 4.88% | XS0229561831 |
| Goldman Sachs Group INC | 6.37% | 2038-01-18 | 6.88% | XS0340470490 |
| Citigroup INC | 6.14% | 2039-09-01 | 7.38% | XS0449155455 |
| Realty Income Corp | 6.31% | 2039-12-05 | 6.00% | XS2728570834 |
| Mcdonald's Corp | 6.61% | 2054-06-11 | 4.12% | XS1075996907 |