Japanese Investment Grade Consumer Products & Retail Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/jpy-corporate-consumer-products-retail
Japanese Investment Grade Consumer Products & Retail Corporate Bond Yields (JPY) as of 2026-10-26: 10Y at 3.29%, fitted curve 1M–20Y (1.72%–3.94%), 137 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.72% | — |
| 3M | 1.76% | 1.78% |
| 6M | 1.83% | 1.91% |
| 9M | 1.91% | 2.16% |
| 12M | 1.99% | 2.16% |
| 18M | 2.12% | 2.39% |
| 2Y | 2.22% | 2.54% |
| 3Y | 2.38% | 2.74% |
| 4Y | 2.51% | 2.96% |
| 5Y | 2.65% | 3.27% |
| 6Y | 2.80% | 3.62% |
| 7Y | 2.93% | 3.91% |
| 8Y | 3.06% | 4.15% |
| 9Y | 3.18% | 4.37% |
| 10Y | 3.29% | 4.55% |
| 15Y | 3.71% | 4.90% |
| 20Y | 3.94% | 5.10% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.22% and the 10-year 3.29%, a 10Y−2Y spread of +108 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.22% | 2.28% | 2.05% | 1.86% | 1.72% | 1.68% | 1.71% |
| 10Y | 3.29% | 3.59% | 3.39% | 3.28% | 3.12% | 3.16% | 2.98% |
| 10Y − 2Y | +108 bp | +131 bp | +134 bp | +143 bp | +141 bp | +148 bp | +128 bp |
Bonds in this curve
A selection of 30 of the 137 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nichirei | 1.69% | 2026-11-24 | 0.42% | JP366520APB5 |
| Takara Holdings INC. | 1.77% | 2026-11-26 | 0.10% | JP345960AMB6 |
| Ajinomoto | 1.58% | 2027-03-09 | 0.35% | JP311960BH31 |
| Takara Holdings INC. | 1.75% | 2027-04-23 | 0.32% | JP345960CH46 |
| Asahi Group | 1.77% | 2027-06-01 | 0.29% | JP311600AN63 |
| Fuji OIL Holdings INC. | 1.91% | 2027-07-20 | 0.42% | JP381640AN76 |
| Morinaga Milk | 1.84% | 2027-07-23 | 0.37% | JP392680AH72 |
| Ajinomoto | 1.84% | 2027-09-17 | 0.58% | JP311960AQ98 |
| Oriental Land | 1.92% | 2027-09-17 | 0.20% | JP319890BL90 |
| Asahi Group | 2.03% | 2028-03-08 | 0.54% | JP311600BP37 |
| Ppih | 2.19% | 2028-03-08 | 0.48% | JP363965BJ35 |
| Aeon | 2.44% | 2028-08-17 | 0.80% | JP338820AP84 |
| Asahi Group | 2.14% | 2028-09-07 | 0.51% | JP311600AP95 |
| J.Front Retailing | 2.36% | 2029-05-22 | 0.37% | JP338638BK56 |
| Aeon | 2.53% | 2029-07-04 | 1.13% | JP338820AQ75 |
| Asahi Group | 2.42% | 2030-05-02 | 1.33% | JP311600AR51 |
| Kirin | 2.44% | 2030-05-29 | 1.41% | JP325800BR58 |
| Nichirei | 2.52% | 2031-06-04 | 2.21% | JP366520AS69 |
| Morinaga Milk | 2.55% | 2031-06-05 | 1.09% | JP392680BQ62 |
| Kirin | 2.71% | 2032-05-28 | 1.67% | JP325800CR57 |
| Asahi Group | 2.69% | 2032-06-01 | 0.47% | JP311600BN62 |
| Suntory | 2.76% | 2033-05-25 | 0.80% | JP333657BP58 |
| Ajinomoto | 2.73% | 2033-06-15 | 0.77% | JP311960BP64 |
| Morinaga Milk | 2.99% | 2034-06-05 | 1.43% | JP392680AQ63 |
| Aeon | 3.42% | 2034-07-04 | 1.99% | JP338820BQ74 |
| Asahi Group | 3.12% | 2035-05-02 | 1.93% | JP311600BR50 |
| Kirin | 3.13% | 2035-05-29 | 2.08% | JP325800DR56 |
| Ajinomoto | 3.27% | 2037-03-09 | 0.92% | JP311960CH30 |
| Nisshin Seifun Group INC. | 3.62% | 2039-07-15 | 0.56% | JP367680BK78 |
| Ajinomoto | 3.96% | 2044-09-20 | 2.07% | JP311960DQ95 |