Japanese Secured Transportation Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/jpy-corporate-secured-transportation
Japanese Secured Transportation Corporate Bond Yields (JPY) as of 2026-09-11: 10Y at 3.21%, fitted curve 3M–20Y (1.44%–4.13%), 51 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 1.44% | — |
| 6M | 1.58% | 1.73% |
| 18M | 1.95% | 2.15% |
| 2Y | 2.05% | 2.36% |
| 3Y | 2.22% | 2.58% |
| 4Y | 2.36% | 2.85% |
| 5Y | 2.51% | 3.18% |
| 6Y | 2.67% | 3.53% |
| 7Y | 2.81% | 3.84% |
| 8Y | 2.95% | 4.13% |
| 9Y | 3.09% | 4.39% |
| 10Y | 3.21% | 4.63% |
| 15Y | 3.77% | 5.39% |
| 20Y | 4.13% | 6.01% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.05% and the 10-year 3.21%, a 10Y−2Y spread of +117 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 | 2.05% | 1.85% | 1.65% | 1.65% | 1.66% | 1.62% | 1.50% |
| 10Y | 3.21% | 3.11% | 3.05% | 2.96% | 2.85% | 2.73% | 2.55% |
| 10Y − 2Y | +117 bp | +126 bp | +141 bp | +132 bp | +119 bp | +111 bp | +105 bp |
Bonds in this curve
A selection of 30 of the 51 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.44% | 2026-12-18 | 1.60% | JP380390BC23 |
| Hiroshima Expressway Public Corporation | 1.56% | 2027-02-26 | 0.26% | JP379760AH23 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.58% | 2027-03-19 | 0.24% | JP380390AH37 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.88% | 2027-12-20 | 2.41% | JP380390A811 |
| Kintetsu Group Holdings CO., LTD. | 2.15% | 2028-01-25 | 0.51% | JP326080BJ16 |
| Hiroshima Expressway Public Corporation | 1.95% | 2028-02-22 | 0.26% | JP379760AJ21 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.09% | 2028-12-20 | 2.26% | JP380390B918 |
| Hiroshima Expressway Public Corporation | 2.12% | 2029-02-21 | 0.16% | JP379760AK28 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.13% | 2029-03-19 | 0.18% | JP380390AK32 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.13% | 2029-03-19 | 1.10% | JP380390BE39 |
| Hiroshima Expressway Public Corporation | 2.25% | 2029-12-14 | 0.14% | JP379760AKC1 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.30% | 2030-03-19 | 0.83% | JP380390BF38 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.30% | 2030-03-22 | 0.06% | JP380390AL31 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.41% | 2030-12-16 | 0.80% | JP380390BFC2 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.43% | 2031-03-20 | 0.25% | JP380390AM30 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.44% | 2031-03-20 | 0.28% | JP380390BG37 |
| Japan Freight Railway Company | 2.62% | 2032-03-17 | 0.37% | JP369420AN36 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.55% | 2032-03-19 | 0.50% | JP380390BH36 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.68% | 2033-03-18 | 0.40% | JP380390BJ34 |
| Japan Freight Railway Company | 2.78% | 2033-06-15 | 0.76% | JP369420AP67 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.83% | 2034-03-15 | 0.38% | JP380390BK31 |
| Japan Freight Railway Company | 2.95% | 2034-06-13 | 1.23% | JP369420AQ66 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.98% | 2035-03-16 | 0.22% | JP380390BL30 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.99% | 2035-03-20 | 1.24% | JP380390CF37 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 3.08% | 2036-03-21 | 0.44% | JP380390BM39 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 3.09% | 2036-03-21 | 0.54% | JP380390CG36 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 3.48% | 2039-03-15 | 0.50% | JP380390CK30 |
| Hiroshima Expressway Public Corporation | 3.56% | 2039-12-16 | 0.34% | JP379760BKC9 |
| Japan Freight Railway Company | 4.02% | 2044-06-13 | 1.95% | JP369420BQ65 |
| Japan Freight Railway Company | 4.07% | 2045-06-09 | 2.76% | JP369420AR65 |