Japanese Consumer Products & Retail Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/jpy-corporate-consumer-products-retail
Japanese Consumer Products & Retail Corporate Bond Yields (JPY) as of 2026-09-10: 10Y at 3.41%, fitted curve 1M–20Y (1.53%–4.05%), 186 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.53% | — |
| 3M | 1.59% | 1.62% |
| 6M | 1.70% | 1.81% |
| 9M | 1.81% | 2.16% |
| 12M | 1.92% | 2.16% |
| 18M | 2.08% | 2.41% |
| 2Y | 2.20% | 2.57% |
| 3Y | 2.38% | 2.80% |
| 4Y | 2.53% | 3.03% |
| 5Y | 2.66% | 3.25% |
| 6Y | 2.80% | 3.57% |
| 7Y | 2.96% | 4.06% |
| 8Y | 3.13% | 4.56% |
| 9Y | 3.28% | 4.83% |
| 10Y | 3.41% | 4.90% |
| 15Y | 3.84% | 5.08% |
| 20Y | 4.05% | 5.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.20% and the 10-year 3.41%, a 10Y−2Y spread of +122 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 | 2.20% | 1.95% | 1.75% | 1.76% | 1.75% | 1.75% | 1.54% |
| 10Y | 3.41% | 3.31% | 3.27% | 3.16% | 3.07% | 2.94% | 2.70% |
| 10Y − 2Y | +122 bp | +136 bp | +152 bp | +140 bp | +131 bp | +119 bp | +115 bp |
Bonds in this curve
A selection of 30 of the 186 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| PAN Pacific International Holdings Corporation | 1.56% | 2026-10-21 | 0.13% | JP363965AMA4 |
| Seven & I Holdings CO., LTD. | 1.51% | 2026-11-02 | 0.40% | JP342295BPB1 |
| Takara Holdings INC. | 1.49% | 2026-11-26 | 0.10% | JP345960AMB6 |
| Nichirei Corporation | 1.41% | 2026-11-24 | 0.42% | JP366520APB5 |
| Ajinomoto CO., INC. | 1.51% | 2027-03-09 | 0.35% | JP311960BH31 |
| Takara Holdings INC. | 1.70% | 2027-04-23 | 0.32% | JP345960CH46 |
| J-OIL Mills, INC. | 1.74% | 2027-05-28 | 0.37% | JP384000AH56 |
| Asahi Group Holdings LTD | 1.71% | 2027-06-01 | 0.29% | JP311600AN63 |
| J.Front Retailing CO., LTD. | 1.86% | 2027-08-04 | 0.43% | JP338638BH85 |
| Nichirei Corporation | 1.83% | 2027-08-31 | 0.24% | JP366520AL82 |
| Seven & I Holdings CO., LTD. | 2.04% | 2027-12-20 | 0.28% | JP342295CLC6 |
| Marubeni Corporation | 2.04% | 2028-02-24 | 0.61% | JP387760AP26 |
| Ajinomoto CO., INC. | 2.02% | 2028-06-15 | 0.32% | JP311960AP65 |
| YKK Corporation | 2.07% | 2028-06-15 | 0.35% | JP399070AP67 |
| KPP Group Holdings CO., LTD. | 2.71% | 2029-03-12 | 1.17% | JP329335AQ31 |
| DCM Holdings CO., LTD. | 2.38% | 2029-03-14 | 0.89% | JP354866AQ36 |
| Japan Tobacco INC | 2.38% | 2030-04-10 | 1.29% | JP372680AR49 |
| Skylark Holdings CO., LTD. | 2.67% | 2030-04-16 | 1.56% | JP339621AR40 |
| Sugi Holdings CO., LTD. | 2.58% | 2031-03-12 | 2.03% | JP339706AS39 |
| PAN Pacific International Holdings Corporation | 2.62% | 2031-03-12 | 2.03% | JP363965AS35 |
| Asahi Group Holdings LTD | 2.71% | 2032-06-01 | 0.47% | JP311600BN62 |
| Suntory Holdings Limited | 2.67% | 2032-06-08 | 0.52% | JP333657CN67 |
| Japan Tobacco INC | 2.82% | 2033-04-20 | 0.92% | JP372680BP40 |
| Suntory Holdings Limited | 2.80% | 2033-05-25 | 0.80% | JP333657BP58 |
| Mitsubishi Corporation | 2.91% | 2034-03-21 | 1.05% | JP389840AQ33 |
| Marubeni Corporation | 2.98% | 2034-04-25 | 1.13% | JP387760AQ41 |
| Japan Tobacco INC | 3.14% | 2035-04-10 | 1.78% | JP372680BR48 |
| Nissin Foods Holdings CO., LTD. | 3.21% | 2036-04-16 | 2.73% | JP367560BS42 |
| Nisshin Seifun Group INC. | 3.68% | 2039-07-15 | 0.56% | JP367680BK78 |
| Ajinomoto CO., INC. | 3.99% | 2044-09-20 | 2.07% | JP311960DQ95 |