Japanese Secured Transportation Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-secured-transportation
Japanese Secured Transportation Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 3.11%, fitted curve 1M–20Y (1.17%–4.06%), 51 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.17% | — |
| 6M | 1.32% | 1.35% |
| 9M | 1.41% | 1.58% |
| 18M | 1.61% | 1.81% |
| 2Y | 1.72% | 2.04% |
| 3Y | 1.92% | 2.33% |
| 4Y | 2.12% | 2.71% |
| 5Y | 2.31% | 3.07% |
| 6Y | 2.49% | 3.40% |
| 7Y | 2.66% | 3.69% |
| 8Y | 2.82% | 3.95% |
| 9Y | 2.97% | 4.17% |
| 10Y | 3.11% | 4.35% |
| 15Y | 3.67% | 4.80% |
| 20Y | 4.06% | 5.25% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.72% and the 10-year 3.11%, a 10Y−2Y spread of +139 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 | 1.72% | 1.63% | 1.62% | 1.63% | 1.61% | 1.46% |
| 10Y | 3.11% | 2.92% | 2.97% | 2.73% | 2.64% | 2.47% |
| 10Y − 2Y | +139 bp | +130 bp | +135 bp | +110 bp | +103 bp | +100 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 | 1.21% | 2026-09-16 | 0.12% | JP380390AG95 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.27% | 2026-12-18 | 1.60% | JP380390BC23 |
| Hiroshima Expressway Public Corporation | 1.36% | 2027-02-26 | 0.26% | JP379760AH23 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.37% | 2027-03-19 | 0.24% | JP380390AH37 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.62% | 2027-12-20 | 2.41% | JP380390A811 |
| Hiroshima Expressway Public Corporation | 1.67% | 2028-02-22 | 0.26% | JP379760AJ21 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.67% | 2028-03-16 | 0.23% | JP380390AJ35 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.84% | 2028-12-20 | 2.26% | JP380390B918 |
| Hiroshima Expressway Public Corporation | 1.86% | 2029-02-21 | 0.16% | JP379760AK28 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.87% | 2029-03-19 | 0.18% | JP380390AK32 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 1.87% | 2029-03-19 | 1.10% | JP380390BE39 |
| Hiroshima Expressway Public Corporation | 2.06% | 2030-02-25 | 0.12% | JP379760AL27 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.07% | 2030-03-19 | 0.83% | JP380390BF38 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.07% | 2030-03-22 | 0.06% | JP380390AL31 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.24% | 2031-03-20 | 0.25% | JP380390AM30 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.25% | 2031-03-20 | 0.28% | JP380390BG37 |
| Hiroshima Expressway Public Corporation | 2.41% | 2032-02-20 | 0.27% | JP379760AN25 |
| Japan Freight Railway Company | 2.48% | 2032-03-17 | 0.37% | JP369420AN36 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.56% | 2033-03-18 | 0.40% | JP380390BJ34 |
| Japan Freight Railway Company | 2.67% | 2033-06-15 | 0.76% | JP369420AP67 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.75% | 2034-03-15 | 0.38% | JP380390BK31 |
| Japan Freight Railway Company | 2.87% | 2034-06-13 | 1.23% | JP369420AQ66 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.90% | 2035-03-16 | 0.22% | JP380390BL30 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.90% | 2035-03-20 | 1.24% | JP380390CF37 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 2.99% | 2036-03-21 | 0.44% | JP380390BM39 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 3.01% | 2036-03-21 | 0.54% | JP380390CG36 |
| Hiroshima Expressway Public Corporation | 3.39% | 2039-02-21 | 0.47% | JP379760BK27 |
| Fukuoka-Kitakyushu Expressway Public Corporation | 3.39% | 2039-03-15 | 0.50% | JP380390CK30 |
| Japan Freight Railway Company | 3.96% | 2044-06-13 | 1.95% | JP369420BQ65 |
| Japan Freight Railway Company | 4.03% | 2045-06-09 | 2.76% | JP369420AR65 |