Japanese High Yield (BB–D) Transportation Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-bb-d-transportation
Japanese High Yield (BB–D) Transportation Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 3.19%, fitted curve 18M–25Y (1.75%–4.42%), 30 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 18M | 1.75% | — |
| 2Y | 1.84% | 2.12% |
| 3Y | 2.03% | 2.39% |
| 4Y | 2.21% | 2.76% |
| 5Y | 2.39% | 3.11% |
| 6Y | 2.56% | 3.44% |
| 7Y | 2.73% | 3.75% |
| 8Y | 2.89% | 4.03% |
| 9Y | 3.05% | 4.28% |
| 10Y | 3.19% | 4.49% |
| 15Y | 3.75% | 4.88% |
| 20Y | 4.16% | 5.39% |
| 25Y | 4.42% | 5.48% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.84% and the 10-year 3.19%, a 10Y−2Y spread of +135 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 ago2026-06-09 |
|---|---|---|---|
| 2Y | 1.84% | 1.74% | 1.75% |
| 10Y | 3.19% | 3.02% | 3.05% |
| 10Y − 2Y | +135 bp | +128 bp | +130 bp |
Bonds in this curve
The 30 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Kyushu Railway Company | 1.61% | 2027-11-25 | 0.34% | JP324701BNB5 |
| Kyushu Railway Company | 1.62% | 2027-12-03 | 0.80% | JP324701AQC8 |
| Mitsui O.S.K.Lines, LTD. | 1.93% | 2028-07-10 | 0.42% | JP336270AP75 |
| Mitsui O.S.K.Lines, LTD. | 1.99% | 2028-09-04 | 1.45% | JP336270AR99 |
| Kyushu Railway Company | 1.87% | 2028-12-11 | 0.60% | JP324701APC0 |
| Mitsui O.S.K.Lines, LTD. | 2.04% | 2029-01-25 | 0.64% | JP336270AQ17 |
| Kyushu Railway Company | 1.90% | 2029-03-07 | 0.29% | JP324701AK34 |
| Mitsui O.S.K.Lines, LTD. | 2.06% | 2029-05-23 | 0.85% | JP336270AQ58 |
| Kyushu Railway Company | 1.95% | 2029-08-01 | 0.81% | JP324701AQ87 |
| Kyushu Railway Company | 2.04% | 2029-12-10 | 0.23% | JP324701AKC1 |
| Mitsui O.S.K.Lines, LTD. | 2.22% | 2030-01-23 | 1.15% | JP336270AR16 |
| Kyushu Railway Company | 2.15% | 2030-06-07 | 0.29% | JP324701BL65 |
| Kyushu Railway Company | 2.15% | 2030-07-31 | 1.33% | JP324701AR78 |
| Mitsui O.S.K.Lines, LTD. | 2.52% | 2030-09-04 | 1.74% | JP336270BR98 |
| Kyushu Railway Company | 2.21% | 2030-12-04 | 1.54% | JP324701ARC6 |
| Kyushu Railway Company | 2.33% | 2031-04-15 | 0.27% | JP324701AM40 |
| Kyushu Railway Company | 2.60% | 2032-11-25 | 0.65% | JP324701CNB3 |
| Kyushu Railway Company | 2.71% | 2033-07-21 | 0.77% | JP324701AP70 |
| Kyushu Railway Company | 2.79% | 2033-12-09 | 1.10% | JP324701BPC8 |
| Mitsui O.S.K.Lines, LTD. | 3.06% | 2034-05-23 | 1.32% | JP336270BQ57 |
| Kyushu Railway Company | 2.89% | 2034-08-01 | 1.32% | JP324701BQ86 |
| Kyushu Railway Company | 2.94% | 2034-12-05 | 1.32% | JP324701BQC6 |
| Kyushu Railway Company | 3.04% | 2035-07-31 | 1.93% | JP324701BR77 |
| Kyushu Railway Company | 3.06% | 2035-12-04 | 2.12% | JP324701BRC4 |
| Kyushu Railway Company | 3.14% | 2036-06-04 | 2.99% | JP324701AS69 |
| Kyushu Railway Company | 3.59% | 2039-12-09 | 0.51% | JP324701BKC9 |
| Kyushu Railway Company | 3.65% | 2040-06-08 | 0.69% | JP324701CL64 |
| Kyushu Railway Company | 3.79% | 2041-12-09 | 0.62% | JP324701BMC5 |
| Kyushu Railway Company | 3.99% | 2044-08-01 | 2.08% | JP324701CQ85 |
| Kyushu Railway Company | 4.33% | 2049-03-05 | 0.93% | JP324701BK33 |