Japanese A–BBB Consumer Products & Retail Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-consumer-products-retail
Japanese A–BBB Consumer Products & Retail Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 3.27%, fitted curve 1M–20Y (1.24%–3.94%), 64 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.24% | — |
| 3M | 1.29% | 1.32% |
| 6M | 1.37% | 1.44% |
| 9M | 1.44% | 1.60% |
| 12M | 1.52% | 1.74% |
| 18M | 1.66% | 1.94% |
| 2Y | 1.79% | 2.17% |
| 3Y | 2.02% | 2.50% |
| 4Y | 2.25% | 2.92% |
| 5Y | 2.46% | 3.30% |
| 6Y | 2.65% | 3.63% |
| 7Y | 2.83% | 3.92% |
| 8Y | 3.00% | 4.15% |
| 9Y | 3.14% | 4.33% |
| 10Y | 3.27% | 4.46% |
| 15Y | 3.72% | 4.63% |
| 20Y | 3.94% | 4.59% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.79% and the 10-year 3.27%, a 10Y−2Y spread of +149 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 |
|---|---|---|---|---|---|---|
| 2Y | 1.79% | 1.67% | 1.66% | 1.60% | 1.62% | 1.49% |
| 10Y | 3.27% | 3.07% | 3.14% | 2.94% | 2.83% | 2.61% |
| 10Y − 2Y | +149 bp | +140 bp | +148 bp | +134 bp | +121 bp | +112 bp |
Bonds in this curve
A selection of 30 of the 64 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Marubeni Corporation | 1.29% | 2026-09-18 | 1.03% | JP387760AE94 |
| Seven & I Holdings CO., LTD. | 1.34% | 2026-11-02 | 0.40% | JP342295BPB1 |
| Takara Holdings INC. | 1.33% | 2026-11-26 | 0.10% | JP345960AMB6 |
| Ajinomoto CO., INC. | 1.32% | 2027-03-09 | 0.35% | JP311960BH31 |
| Takara Holdings INC. | 1.48% | 2027-04-23 | 0.32% | JP345960CH46 |
| Suntory Holdings Limited | 1.44% | 2027-06-08 | 0.30% | JP333657BN68 |
| Mitsubishi Corporation | 1.47% | 2027-07-09 | 0.92% | JP389840CR71 |
| Marubeni Corporation | 1.56% | 2027-07-12 | 0.38% | JP387760AH75 |
| Seven & I Holdings CO., LTD. | 1.76% | 2027-12-20 | 0.28% | JP342295CLC6 |
| Marubeni Corporation | 1.75% | 2028-02-24 | 0.61% | JP387760AP26 |
| Suntory Holdings Limited | 1.76% | 2028-05-25 | 0.39% | JP333657AP59 |
| Fast Retailing CO., LTD. | 1.79% | 2028-06-06 | 0.41% | JP380230CJ60 |
| Aeon CO., LTD. | 2.23% | 2029-07-04 | 1.13% | JP338820AQ75 |
| Marubeni Corporation | 2.00% | 2029-07-13 | 2.20% | JP387760AB71 |
| Japan Tobacco INC | 2.15% | 2030-04-10 | 1.29% | JP372680AR49 |
| Japan Tobacco INC | 2.15% | 2030-04-19 | 0.71% | JP372680AP41 |
| Marubeni Corporation | 2.42% | 2031-04-18 | 0.36% | JP387760AM45 |
| Takara Holdings INC. | 2.53% | 2031-11-26 | 0.27% | JP345960BMB4 |
| Suntory Holdings Limited | 2.53% | 2032-06-08 | 0.52% | JP333657CN67 |
| Mitsubishi Corporation | 2.56% | 2032-06-25 | 1.52% | JP389840AE60 |
| Japan Tobacco INC | 2.72% | 2033-04-20 | 0.92% | JP372680BP40 |
| Suntory Holdings Limited | 2.69% | 2033-05-25 | 0.80% | JP333657BP58 |
| Marubeni Corporation | 2.87% | 2034-02-22 | 1.02% | JP387760AQ25 |
| Mitsubishi Corporation | 2.83% | 2034-03-21 | 1.05% | JP389840AQ33 |
| Japan Tobacco INC | 3.07% | 2035-04-10 | 1.78% | JP372680BR48 |
| Aeon CO., LTD. | 3.54% | 2035-09-04 | 2.49% | JP338820CR98 |
| Ajinomoto CO., INC. | 3.11% | 2036-02-29 | 0.94% | JP311960CG31 |
| Ajinomoto CO., INC. | 3.24% | 2037-03-09 | 0.92% | JP311960CH30 |
| Japan Tobacco INC | 3.89% | 2043-04-20 | 1.63% | JP372680CP49 |
| Ajinomoto CO., INC. | 3.96% | 2044-09-20 | 2.07% | JP311960DQ95 |