Japanese Metals & Mining Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-metals-mining
Japanese Metals & Mining Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 3.37%, fitted curve 1M–10Y (1.28%–3.37%), 58 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.28% | — |
| 6M | 1.42% | 1.45% |
| 9M | 1.52% | 1.70% |
| 12M | 1.60% | 1.86% |
| 18M | 1.75% | 2.05% |
| 2Y | 1.88% | 2.27% |
| 3Y | 2.10% | 2.55% |
| 4Y | 2.30% | 2.88% |
| 5Y | 2.50% | 3.33% |
| 6Y | 2.73% | 3.85% |
| 7Y | 2.94% | 4.22% |
| 8Y | 3.12% | 4.40% |
| 9Y | 3.26% | 4.41% |
| 10Y | 3.37% | 4.33% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.88% and the 10-year 3.37%, a 10Y−2Y spread of +149 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 ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 |
|---|---|---|---|---|---|---|
| 2Y | 1.88% | 1.77% | 1.75% | 1.71% | 1.72% | 1.62% |
| 10Y | 3.37% | 3.19% | 3.40% | 3.20% | 3.10% | 2.83% |
| 10Y − 2Y | +149 bp | +141 bp | +165 bp | +150 bp | +138 bp | +121 bp |
Bonds in this curve
A selection of 30 of the 58 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Sumitomo Metal Mining CO., LTD. | 1.26% | 2026-09-15 | 0.09% | JP340260AM98 |
| Nippon Steel Corporation | 1.33% | 2026-09-18 | 0.28% | JP338100AG94 |
| JFE Holdings, INC. | 1.30% | 2026-09-18 | 0.25% | JP338603BK99 |
| Mitsui Mining and Smelting Company, Limited | 1.52% | 2027-03-03 | 0.43% | JP388840AN38 |
| Nippon Steel Corporation | 1.55% | 2027-05-20 | 0.38% | JP338100BH50 |
| JFE Holdings, INC. | 1.54% | 2027-06-09 | 0.33% | JP338603AN63 |
| Daido Steel CO., LTD. | 1.68% | 2027-09-01 | 0.42% | JP349100AN92 |
| Sumitomo Metal Mining CO., LTD. | 1.60% | 2027-10-14 | 0.32% | JP340260ANA6 |
| Kobe Steel, LTD. | 1.76% | 2027-11-26 | 0.98% | JP328980AQB6 |
| Mitsui Mining and Smelting Company, Limited | 1.80% | 2027-11-29 | 0.58% | JP388840ANB6 |
| Nippon Steel Corporation | 1.74% | 2027-12-20 | 0.35% | JP338100BHC4 |
| Kobe Steel, LTD. | 1.93% | 2028-06-08 | 0.55% | JP328980AP65 |
| Sumitomo Metal Mining CO., LTD. | 1.74% | 2028-06-09 | 1.64% | JP340260AS68 |
| Nippon Steel Corporation | 1.92% | 2028-06-20 | 2.49% | JP338100B898 |
| Godo Steel, LTD. | 2.39% | 2029-03-06 | 1.17% | JP330780AQ39 |
| Nippon Steel & Sumikin Bussan Corporation | 2.12% | 2029-04-17 | 0.39% | JP368100AK46 |
| Kobe Steel, LTD. | 2.08% | 2029-04-25 | 0.87% | JP328980AQ49 |
| JFE Holdings, INC. | 2.30% | 2030-06-04 | 1.53% | JP338603AR69 |
| Nippon Steel Corporation | 2.33% | 2030-06-20 | 0.42% | JP338100CL61 |
| JFE Holdings, INC. | 2.31% | 2030-07-12 | 0.47% | JP338603CL71 |
| Kobe Steel, LTD. | 2.50% | 2031-02-26 | 2.15% | JP328980AS21 |
| Godo Steel, LTD. | 2.89% | 2031-03-05 | 2.51% | JP330780AS37 |
| JFE Holdings, INC. | 2.68% | 2032-06-09 | 0.58% | JP338603BN62 |
| JFE Holdings, INC. | 2.75% | 2032-10-22 | 1.82% | JP338603CRA8 |
| Nippon Steel Corporation | 2.84% | 2033-03-18 | 1.15% | JP338100BP35 |
| Kobe Steel, LTD. | 2.95% | 2033-06-08 | 1.00% | JP328980BP64 |
| Kobe Steel, LTD. | 3.13% | 2034-04-25 | 1.42% | JP328980BQ48 |
| JFE Holdings, INC. | 3.28% | 2035-10-23 | 2.18% | JP338603ARA2 |
| JFE Holdings, INC. | 3.35% | 2036-06-11 | 3.19% | JP338603AS68 |
| Nippon Steel Corporation | 3.34% | 2036-06-16 | 3.20% | JP338100AS66 |