Japanese A–BBB Consumer Products & Retail Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-consumer-products-retail
Japanese A–BBB Consumer Products & Retail Corporate Bond Yields (JPY) as of 2026-09-10: 10Y at 3.33%, fitted curve 1M–20Y (1.47%–3.94%), 70 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.47% | — |
| 6M | 1.62% | 1.66% |
| 9M | 1.74% | 2.09% |
| 12M | 1.85% | 2.09% |
| 18M | 2.01% | 2.35% |
| 2Y | 2.13% | 2.50% |
| 3Y | 2.31% | 2.72% |
| 4Y | 2.47% | 2.99% |
| 5Y | 2.63% | 3.36% |
| 6Y | 2.79% | 3.72% |
| 7Y | 2.95% | 4.02% |
| 8Y | 3.09% | 4.27% |
| 9Y | 3.22% | 4.48% |
| 10Y | 3.33% | 4.65% |
| 15Y | 3.74% | 4.92% |
| 20Y | 3.94% | 4.98% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.13% and the 10-year 3.33%, a 10Y−2Y spread of +120 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.13% | 1.87% | 1.70% | 1.69% | 1.64% | 1.63% | 1.48% |
| 10Y | 3.33% | 3.26% | 3.20% | 3.13% | 3.03% | 2.89% | 2.64% |
| 10Y − 2Y | +120 bp | +139 bp | +150 bp | +144 bp | +139 bp | +126 bp | +116 bp |
Bonds in this curve
A selection of 30 of the 70 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Marubeni Corporation | 1.56% | 2026-09-18 | 1.03% | JP387760AE94 |
| Seven & I Holdings CO., LTD. | 1.51% | 2026-11-02 | 0.40% | JP342295BPB1 |
| Ajinomoto CO., INC. | 1.51% | 2027-03-09 | 0.35% | JP311960BH31 |
| Asahi Group Holdings LTD | 1.71% | 2027-06-01 | 0.29% | JP311600AN63 |
| Suntory Holdings Limited | 1.67% | 2027-06-08 | 0.30% | JP333657BN68 |
| Asahi Group Holdings LTD | 1.73% | 2027-06-11 | 0.33% | JP311600DH68 |
| Ajinomoto CO., INC. | 1.77% | 2027-09-17 | 0.58% | JP311960AQ98 |
| Seven & I Holdings CO., LTD. | 2.04% | 2027-12-20 | 0.28% | JP342295CLC6 |
| Marubeni Corporation | 2.04% | 2028-02-24 | 0.61% | JP387760AP26 |
| Marubeni Corporation | 2.03% | 2028-02-28 | 0.37% | JP387760AJ24 |
| Ajinomoto CO., INC. | 2.02% | 2028-06-15 | 0.32% | JP311960AP65 |
| Mitsubishi Corporation | 2.06% | 2028-07-07 | 1.05% | JP389840DR70 |
| Aeon CO., LTD. | 2.41% | 2028-08-17 | 0.80% | JP338820AP84 |
| Aeon CO., LTD. | 2.51% | 2029-07-04 | 1.13% | JP338820AQ75 |
| Marubeni Corporation | 2.27% | 2029-07-13 | 2.20% | JP387760AB71 |
| Japan Tobacco INC | 2.38% | 2030-04-10 | 1.29% | JP372680AR49 |
| Japan Tobacco INC | 2.39% | 2030-04-19 | 0.71% | JP372680AP41 |
| Marubeni Corporation | 2.62% | 2031-04-18 | 0.36% | JP387760AM45 |
| Asahi Group Holdings LTD | 2.71% | 2032-06-01 | 0.47% | JP311600BN62 |
| Suntory Holdings Limited | 2.67% | 2032-06-08 | 0.52% | JP333657CN67 |
| Japan Tobacco INC | 2.82% | 2033-04-20 | 0.92% | JP372680BP40 |
| Suntory Holdings Limited | 2.80% | 2033-05-25 | 0.80% | JP333657BP58 |
| Mitsubishi Corporation | 2.91% | 2034-03-21 | 1.05% | JP389840AQ33 |
| Marubeni Corporation | 2.98% | 2034-04-25 | 1.13% | JP387760AQ41 |
| Japan Tobacco INC | 3.14% | 2035-04-10 | 1.78% | JP372680BR48 |
| Asahi Group Holdings LTD | 3.18% | 2035-05-02 | 1.93% | JP311600BR50 |
| Ajinomoto CO., INC. | 3.30% | 2037-03-09 | 0.92% | JP311960CH30 |
| Marubeni Corporation | 3.60% | 2037-11-24 | 0.88% | JP387760AHB9 |
| Japan Tobacco INC | 3.94% | 2043-04-20 | 1.63% | JP372680CP49 |
| Ajinomoto CO., INC. | 3.99% | 2044-09-20 | 2.07% | JP311960DQ95 |