Japanese Senior Unsecured Consumer Products & Retail Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/jpy-corporate-senior-unsecured-consumer-products-retail
Japanese Senior Unsecured Consumer Products & Retail Corporate Bond Yields (JPY) as of 2026-09-11: 10Y at 3.43%, fitted curve 1M–20Y (1.54%–4.10%), 179 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.54% | — |
| 3M | 1.60% | 1.63% |
| 6M | 1.70% | 1.81% |
| 9M | 1.81% | 2.14% |
| 12M | 1.91% | 2.14% |
| 18M | 2.07% | 2.39% |
| 2Y | 2.18% | 2.55% |
| 3Y | 2.37% | 2.79% |
| 4Y | 2.54% | 3.08% |
| 5Y | 2.69% | 3.40% |
| 6Y | 2.85% | 3.76% |
| 7Y | 3.01% | 4.10% |
| 8Y | 3.16% | 4.40% |
| 9Y | 3.30% | 4.68% |
| 10Y | 3.43% | 4.96% |
| 15Y | 3.90% | 5.28% |
| 20Y | 4.10% | 5.19% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.18% and the 10-year 3.43%, a 10Y−2Y spread of +125 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 | 2.18% | 1.96% | 1.75% | 1.72% | 1.76% | 1.74% | 1.61% |
| 10Y | 3.43% | 3.31% | 3.26% | 3.20% | 3.12% | 2.97% | 2.73% |
| 10Y − 2Y | +125 bp | +134 bp | +151 bp | +148 bp | +136 bp | +122 bp | +113 bp |
Bonds in this curve
A selection of 30 of the 179 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| PAN Pacific International Holdings Corporation | 1.60% | 2026-10-21 | 0.13% | JP363965AMA4 |
| Seven & I Holdings CO., LTD. | 1.54% | 2026-11-02 | 0.40% | JP342295BPB1 |
| Nichirei Corporation | 1.42% | 2026-11-24 | 0.42% | JP366520APB5 |
| Takara Holdings INC. | 1.51% | 2026-11-26 | 0.10% | JP345960AMB6 |
| Ajinomoto CO., INC. | 1.52% | 2027-03-09 | 0.35% | JP311960BH31 |
| Takara Holdings INC. | 1.69% | 2027-04-23 | 0.32% | JP345960CH46 |
| J-OIL Mills, INC. | 1.73% | 2027-05-28 | 0.37% | JP384000AH56 |
| Asahi Group Holdings LTD | 1.71% | 2027-06-01 | 0.29% | JP311600AN63 |
| J.Front Retailing CO., LTD. | 1.86% | 2027-08-04 | 0.43% | JP338638BH85 |
| Nichirei Corporation | 1.82% | 2027-08-31 | 0.24% | JP366520AL82 |
| Seven & I Holdings CO., LTD. | 2.03% | 2027-12-20 | 0.28% | JP342295CLC6 |
| Marubeni Corporation | 2.03% | 2028-02-24 | 0.61% | JP387760AP26 |
| Ajinomoto CO., INC. | 2.01% | 2028-06-15 | 0.32% | JP311960AP65 |
| YKK Corporation | 2.06% | 2028-06-15 | 0.35% | JP399070AP67 |
| DCM Holdings CO., LTD. | 2.37% | 2029-03-14 | 0.89% | JP354866AQ36 |
| Maruha Nichiro Corporation | 2.29% | 2029-04-25 | 0.95% | JP387660AQ42 |
| Skylark Holdings CO., LTD. | 2.66% | 2030-04-16 | 1.56% | JP339621AR40 |
| Asahi Group Holdings LTD | 2.42% | 2030-05-02 | 1.33% | JP311600AR51 |
| Nissin Foods Holdings CO., LTD. | 2.47% | 2031-04-16 | 2.04% | JP367560AS43 |
| Marubeni Corporation | 2.61% | 2031-04-18 | 0.36% | JP387760AM45 |
| Asahi Group Holdings LTD | 2.71% | 2032-06-01 | 0.47% | JP311600BN62 |
| Suntory Holdings Limited | 2.67% | 2032-06-08 | 0.52% | JP333657CN67 |
| Suntory Holdings Limited | 2.81% | 2033-05-25 | 0.80% | JP333657BP58 |
| Ajinomoto CO., INC. | 2.76% | 2033-06-15 | 0.77% | JP311960BP64 |
| Mitsubishi Corporation | 2.92% | 2034-03-21 | 1.05% | JP389840AQ33 |
| Marubeni Corporation | 2.99% | 2034-04-25 | 1.13% | JP387760AQ41 |
| Asahi Group Holdings LTD | 3.20% | 2035-05-02 | 1.93% | JP311600BR50 |
| Nissin Foods Holdings CO., LTD. | 3.23% | 2036-04-16 | 2.73% | JP367560BS42 |
| Nisshin Seifun Group INC. | 3.71% | 2039-07-15 | 0.56% | JP367680BK78 |
| Ajinomoto CO., INC. | 4.03% | 2044-09-20 | 2.07% | JP311960DQ95 |