Japanese Metals & Mining Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/jpy-corporate-metals-mining
Japanese Metals & Mining Corporate Bond Yields (JPY) as of 2026-09-11: 10Y at 3.47%, fitted curve 1M–10Y (1.51%–3.47%), 57 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.51% | — |
| 6M | 1.69% | 1.73% |
| 9M | 1.79% | 2.10% |
| 12M | 1.89% | 2.10% |
| 18M | 2.04% | 2.37% |
| 2Y | 2.17% | 2.57% |
| 3Y | 2.38% | 2.84% |
| 4Y | 2.56% | 3.14% |
| 5Y | 2.72% | 3.46% |
| 6Y | 2.90% | 3.91% |
| 7Y | 3.08% | 4.36% |
| 8Y | 3.24% | 4.61% |
| 9Y | 3.37% | 4.67% |
| 10Y | 3.47% | 4.56% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.17% and the 10-year 3.47%, a 10Y−2Y spread of +130 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.17% | 1.97% | 1.79% | 1.78% | 1.74% | 1.74% | 1.61% |
| 10Y | 3.47% | 3.36% | 3.32% | 3.34% | 3.32% | 3.17% | 2.94% |
| 10Y − 2Y | +130 bp | +139 bp | +152 bp | +157 bp | +157 bp | +143 bp | +133 bp |
Bonds in this curve
A selection of 30 of the 57 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nippon Steel Corporation | 1.51% | 2026-09-18 | 0.28% | JP338100AG94 |
| JFE Holdings, INC. | 1.48% | 2026-09-18 | 0.25% | JP338603BK99 |
| Dowa Holdings CO., LTD. | 1.58% | 2026-09-24 | 0.10% | JP363860AM94 |
| Mitsui Mining and Smelting Company, Limited | 1.70% | 2027-03-03 | 0.43% | JP388840AN38 |
| Nippon Steel Corporation | 1.77% | 2027-05-20 | 0.38% | JP338100BH50 |
| JFE Holdings, INC. | 1.77% | 2027-06-09 | 0.33% | JP338603AN63 |
| Daido Steel CO., LTD. | 1.94% | 2027-09-01 | 0.42% | JP349100AN92 |
| Sumitomo Metal Mining CO., LTD. | 1.86% | 2027-10-14 | 0.32% | JP340260ANA6 |
| Kobe Steel, LTD. | 2.03% | 2027-11-26 | 0.98% | JP328980AQB6 |
| Nippon Steel Corporation | 2.00% | 2027-12-20 | 0.35% | JP338100BHC4 |
| Nippon Steel & Sumikin Bussan Corporation | 2.19% | 2028-03-03 | 0.40% | JP368100AJ31 |
| Nippon Steel Corporation | 2.09% | 2028-03-17 | 0.56% | JP338100AP36 |
| Nippon Steel Corporation | 2.19% | 2028-06-20 | 2.49% | JP338100B898 |
| Nippon Steel Corporation | 2.19% | 2028-06-20 | 0.39% | JP338100CJ65 |
| Sumitomo Metal Mining CO., LTD. | 2.08% | 2028-07-19 | 0.39% | JP340260AP79 |
| Nippon Steel & Sumikin Bussan Corporation | 2.39% | 2029-04-17 | 0.39% | JP368100AK46 |
| Kobe Steel, LTD. | 2.33% | 2029-04-25 | 0.87% | JP328980AQ49 |
| JFE Holdings, INC. | 2.28% | 2029-05-25 | 0.36% | JP338603CK56 |
| JFE Holdings, INC. | 2.53% | 2030-06-04 | 1.53% | JP338603AR69 |
| Nippon Steel Corporation | 2.56% | 2030-06-20 | 0.42% | JP338100CL61 |
| Sumitomo Metal Mining CO., LTD. | 2.50% | 2031-06-11 | 2.23% | JP340260BS67 |
| Nippon Steel Corporation | 2.68% | 2031-06-16 | 2.44% | JP338100CS64 |
| JFE Holdings, INC. | 2.83% | 2032-06-09 | 0.58% | JP338603BN62 |
| JFE Holdings, INC. | 2.87% | 2032-10-22 | 1.82% | JP338603CRA8 |
| Nippon Steel Corporation | 2.95% | 2033-03-18 | 1.15% | JP338100BP35 |
| Kobe Steel, LTD. | 3.06% | 2033-06-08 | 1.00% | JP328980BP64 |
| Kobe Steel, LTD. | 3.23% | 2034-04-25 | 1.42% | JP328980BQ48 |
| JFE Holdings, INC. | 3.37% | 2035-10-23 | 2.18% | JP338603ARA2 |
| JFE Holdings, INC. | 3.46% | 2036-06-11 | 3.19% | JP338603AS68 |
| Nippon Steel Corporation | 3.44% | 2036-06-16 | 3.20% | JP338100AS66 |