Japanese A–BBB Technology, Media & Telecom Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-technology-media-telecom
Japanese A–BBB Technology, Media & Telecom Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 4.08%, fitted curve 1M–25Y (1.50%–6.75%), 121 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.50% | — |
| 3M | 1.54% | 1.56% |
| 6M | 1.61% | 1.68% |
| 9M | 1.68% | 1.81% |
| 12M | 1.74% | 1.95% |
| 18M | 1.88% | 2.15% |
| 2Y | 2.01% | 2.42% |
| 3Y | 2.29% | 2.83% |
| 4Y | 2.55% | 3.36% |
| 5Y | 2.82% | 3.89% |
| 6Y | 3.08% | 4.40% |
| 7Y | 3.34% | 4.89% |
| 8Y | 3.59% | 5.36% |
| 9Y | 3.83% | 5.82% |
| 10Y | 4.08% | 6.30% |
| 15Y | 5.45% | 8.26% |
| 25Y | 6.75% | 8.72% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.01% and the 10-year 4.08%, a 10Y−2Y spread of +206 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 | 2.01% | 1.91% | 1.87% | 1.84% | 1.89% | 1.76% |
| 10Y | 4.08% | 3.80% | 4.13% | 4.01% | 3.92% | 3.60% |
| 10Y − 2Y | +206 bp | +189 bp | +226 bp | +217 bp | +203 bp | +185 bp |
Bonds in this curve
A selection of 30 of the 121 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Softbank Group Corp | 1.98% | 2026-09-11 | 1.38% | JP343610BK90 |
| NTT Finance Corporation | 1.27% | 2026-09-18 | 0.42% | JP316572APB7 |
| Sony Group Corporation | 1.23% | 2026-10-09 | 0.18% | JP343500BKA6 |
| Softbank Group Corp | 1.48% | 2026-10-09 | 0.24% | JP373200AMA4 |
| NTT Finance Corporation | 1.33% | 2026-12-18 | 0.26% | JP316572BH30 |
| Sony Group Corporation | 1.35% | 2027-03-05 | 0.35% | JP343500AQ31 |
| Softbank Group Corp | 1.60% | 2027-03-18 | 0.45% | JP373200CL34 |
| Softbank Group Corp | 2.16% | 2027-04-23 | 1.80% | JP343610AQ46 |
| NTT Finance Corporation | 1.51% | 2027-06-18 | 0.67% | JP316572AQ63 |
| Sony Group Corporation | 1.53% | 2027-07-22 | 0.38% | JP343535AN74 |
| Softbank Group Corp | 1.88% | 2027-12-03 | 0.48% | JP373200BLC0 |
| Sony Group Corporation | 1.61% | 2027-12-08 | 0.45% | JP343500BNC6 |
| Softbank Group Corp | 1.94% | 2028-05-26 | 1.84% | JP373200AS54 |
| Softbank Group Corp | 2.04% | 2028-06-02 | 0.42% | JP373200BM67 |
| Softbank Group Corp | 3.58% | 2029-02-02 | 2.48% | JP343610AN23 |
| Sony Group Corporation | 1.88% | 2029-03-07 | 0.63% | JP343500BQ30 |
| Sony Group Corporation | 2.08% | 2030-03-06 | 1.27% | JP343500AR30 |
| Hikari Tsushin, INC. | 2.80% | 2030-03-12 | 2.52% | JP378342AS37 |
| Softbank Group Corp | 2.69% | 2031-01-31 | 1.24% | JP373200AQ15 |
| Hikari Tsushin, INC. | 3.10% | 2031-01-31 | 0.98% | JP378342BM24 |
| Softbank Group Corp | 2.97% | 2032-02-04 | 1.81% | JP373200AR22 |
| Hikari Tsushin, INC. | 3.54% | 2032-03-12 | 2.60% | JP378342AR38 |
| NTT Finance Corporation | 2.79% | 2033-03-18 | 2.66% | JP316572CS69 |
| Hikari Tsushin, INC. | 3.85% | 2033-03-23 | 1.79% | JP378342BJ37 |
| Sony Group Corporation | 2.82% | 2034-03-07 | 1.00% | JP343500CQ39 |
| NTT Finance Corporation | 2.99% | 2034-03-17 | 1.48% | JP316572DQ60 |
| Sony Group Corporation | 2.99% | 2035-03-06 | 1.71% | JP343500BR39 |
| Hikari Tsushin, INC. | 4.65% | 2036-02-01 | 1.38% | JP378342CM23 |
| Hikari Tsushin, INC. | 5.27% | 2039-11-08 | 1.70% | JP378342BKB9 |
| Hikari Tsushin, INC. | 6.32% | 2049-11-08 | 2.50% | JP378342CKB7 |