Japanese A–BBB Transportation Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/jpy-corporate-a-bbb-transportation
Japanese A–BBB Transportation Corporate Bond Yields (JPY) as of 2026-09-10: 10Y at 3.24%, fitted curve 1M–40Y (1.30%–4.39%), 167 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.30% | — |
| 3M | 1.40% | 1.45% |
| 6M | 1.56% | 1.73% |
| 12M | 1.81% | 2.08% |
| 18M | 1.97% | 2.29% |
| 2Y | 2.08% | 2.44% |
| 3Y | 2.26% | 2.67% |
| 4Y | 2.42% | 2.92% |
| 5Y | 2.55% | 3.16% |
| 6Y | 2.69% | 3.47% |
| 7Y | 2.83% | 3.83% |
| 8Y | 2.98% | 4.17% |
| 9Y | 3.11% | 4.46% |
| 10Y | 3.24% | 4.72% |
| 15Y | 3.76% | 5.27% |
| 20Y | 4.09% | 5.82% |
| 25Y | 4.39% | 6.90% |
| 30Y | 4.38% | 4.33% |
| 40Y | 4.33% | 3.98% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.08% and the 10-year 3.24%, a 10Y−2Y spread of +117 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 | 2.08% | 1.83% | 1.67% | 1.63% | 1.64% | 1.64% | 1.49% |
| 10Y | 3.24% | 3.16% | 3.11% | 3.02% | 2.89% | 2.77% | 2.53% |
| 10Y − 2Y | +117 bp | +133 bp | +145 bp | +139 bp | +125 bp | +113 bp | +104 bp |
Bonds in this curve
A selection of 30 of the 167 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Central Japan Railway Company | 1.33% | 2026-09-18 | 2.39% | JP356680B6B4 |
| East Japan Railway Company | 1.22% | 2026-09-18 | 2.46% | JP378360B6A7 |
| East Japan Railway Company | 1.42% | 2026-12-22 | 1.63% | JP378360CBC6 |
| East Japan Railway Company | 1.51% | 2027-01-27 | 0.20% | JP378360AH11 |
| East Japan Railway Company | 1.61% | 2027-04-14 | 0.20% | JP378360AN47 |
| East Japan Railway Company | 1.73% | 2027-07-27 | 0.28% | JP378360AH78 |
| Central Japan Railway Company | 1.79% | 2027-09-17 | 2.31% | JP356680B7B2 |
| Central Japan Railway Company | 1.89% | 2027-12-20 | 2.30% | JP356680B821 |
| East Japan Railway Company | 1.92% | 2028-01-20 | 0.69% | JP378360AP11 |
| Nippon Yusen Kabushiki Kaisha | 2.19% | 2028-07-21 | 0.44% | JP375300AP77 |
| East Japan Railway Company | 2.04% | 2028-07-25 | 2.36% | JP378360B873 |
| East Japan Railway Company | 2.14% | 2029-04-10 | 1.73% | JP378360AS42 |
| Nippon Yusen Kabushiki Kaisha | 2.30% | 2029-04-17 | 0.72% | JP375300AQ43 |
| East Japan Railway Company | 2.33% | 2030-03-22 | 2.25% | JP378360BA33 |
| Nippon Yusen Kabushiki Kaisha | 2.50% | 2030-04-19 | 1.24% | JP375300AR42 |
| East Japan Railway Company | 2.47% | 2031-03-24 | 2.14% | JP378360BB32 |
| East Japan Railway Company | 2.46% | 2031-04-10 | 2.06% | JP378360BS41 |
| Central Japan Railway Company | 2.60% | 2032-04-23 | 1.82% | JP356680BC48 |
| East Japan Railway Company | 2.61% | 2032-05-20 | 2.34% | JP378360A2A7 |
| Central Japan Railway Company | 2.71% | 2033-03-18 | 1.31% | JP356680A369 |
| Central Japan Railway Company | 2.73% | 2033-05-24 | 1.73% | JP356680AD55 |
| Nippon Yusen Kabushiki Kaisha | 3.09% | 2034-04-17 | 1.18% | JP375300BQ42 |
| Central Japan Railway Company | 2.89% | 2034-04-24 | 1.58% | JP356680AE47 |
| Central Japan Railway Company | 3.03% | 2035-04-20 | 1.20% | JP356680AF46 |
| East Japan Railway Company | 3.17% | 2036-04-10 | 2.73% | JP378360CS40 |
| Central Japan Railway Company | 3.54% | 2039-04-22 | 2.56% | JP356680B946 |
| Central Japan Railway Company | 3.94% | 2044-05-31 | 2.03% | JP356680AQ50 |
| East Japan Railway Company | 4.25% | 2049-03-19 | 0.78% | JP378360BK31 |
| East Japan Railway Company | 4.39% | 2056-07-28 | 0.50% | JP378360DG76 |
| East Japan Railway Company | 4.32% | 2061-12-16 | 0.99% | JP378360CMC3 |