Japanese Automotive Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/jpy-corporate-automotive
Japanese Automotive Corporate Bond Yields (JPY) as of 2026-09-10: 10Y at 3.40%, fitted curve 1M–15Y (1.56%–4.02%), 146 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.56% | — |
| 3M | 1.60% | 1.63% |
| 6M | 1.68% | 1.76% |
| 9M | 1.76% | 2.02% |
| 12M | 1.84% | 2.02% |
| 18M | 1.99% | 2.29% |
| 2Y | 2.10% | 2.47% |
| 3Y | 2.31% | 2.77% |
| 4Y | 2.51% | 3.17% |
| 5Y | 2.70% | 3.53% |
| 6Y | 2.87% | 3.84% |
| 7Y | 3.02% | 4.11% |
| 8Y | 3.16% | 4.33% |
| 9Y | 3.29% | 4.52% |
| 10Y | 3.40% | 4.73% |
| 15Y | 4.02% | 5.87% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.10% and the 10-year 3.40%, a 10Y−2Y spread of +130 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 | 2.10% | 1.90% | 1.74% | 1.71% | 1.70% | 1.69% | 1.51% |
| 10Y | 3.40% | 3.28% | 3.22% | 3.15% | 3.06% | 2.99% | 2.71% |
| 10Y − 2Y | +130 bp | +138 bp | +149 bp | +143 bp | +136 bp | +130 bp | +119 bp |
Yields by rating group
The same curve split by credit quality: 103 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 2.29%, Speculative 3.41%.
Bonds in this curve
A selection of 30 of the 146 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Aisin Seiki CO., LTD. | 1.57% | 2026-09-25 | 0.16% | JP310200AG92 |
| Toyota Motor Corporation | 1.37% | 2026-10-13 | 0.37% | JP363360APA1 |
| Exedy Corporation | 1.85% | 2026-12-15 | 0.39% | JP316116AGC0 |
| Subaru Corporation | 1.60% | 2026-12-17 | 0.21% | JP381480BKC0 |
| Honda Motor CO LTD | 1.66% | 2027-03-05 | 0.15% | JP385460CL33 |
| Nissan Motor | 2.96% | 2027-03-19 | 0.70% | JP367340AQ34 |
| Toyota Motor Corporation | 1.67% | 2027-06-02 | 0.11% | JP363340AN69 |
| Toyota Motor Corporation | 1.67% | 2027-06-02 | 0.22% | JP363340CH65 |
| Nextage CO., LTD. | 3.20% | 2027-08-16 | 2.30% | JP375821AQ84 |
| Aisin Seiki CO., LTD. | 1.83% | 2027-09-06 | 0.28% | JP310200AH91 |
| Toyota Boshoku Corporation | 1.94% | 2027-12-15 | 0.44% | JP363540ANC9 |
| Honda Motor CO LTD | 2.09% | 2027-12-20 | 0.86% | JP385468AQC0 |
| Toyota Motor Corporation | 2.10% | 2028-06-15 | 0.35% | JP363500AP63 |
| Yamaha Motor CO., LTD. | 2.16% | 2028-06-16 | 1.22% | JP394280AR62 |
| Nissan Motor | 4.25% | 2029-03-19 | 1.03% | JP367340BQ33 |
| Toyota Motor Corporation | 2.15% | 2029-04-11 | 0.62% | JP363360BQ45 |
| Sumitomo Rubber Industries, LTD. | 2.52% | 2030-04-22 | 1.26% | JP340420AR41 |
| Bridgestone Corporation | 2.37% | 2030-04-30 | 1.21% | JP383080BR41 |
| KYB Corporation | 2.80% | 2031-03-12 | 2.24% | JP322020AS34 |
| Toyo Tire Corporation | 2.67% | 2031-03-12 | 0.48% | JP361060BM38 |
| Mazda Motor Corporation | 3.33% | 2032-03-17 | 1.86% | JP386840AR38 |
| Toyota Motor Corporation | 2.60% | 2032-06-02 | 0.32% | JP363340BN68 |
| Toyota Motor Corporation | 2.72% | 2033-06-01 | 0.73% | JP363340BP66 |
| Toyota Motor Corporation | 2.86% | 2033-06-15 | 0.80% | JP363500BP62 |
| Toyota Motor Corporation | 3.03% | 2034-06-16 | 2.82% | JP363500DS67 |
| Mazda Motor Corporation | 3.82% | 2034-07-31 | 1.84% | JP386840BQ79 |
| Sumitomo Rubber Industries, LTD. | 3.42% | 2035-04-20 | 2.02% | JP340420BR40 |
| Bridgestone Corporation | 3.09% | 2035-04-27 | 1.77% | JP383080AR42 |
| Bridgestone Corporation | 3.21% | 2036-04-25 | 2.73% | JP383080BS40 |
| Toyota Motor Corporation | 3.96% | 2041-01-21 | 0.74% | JP363500AM17 |