Japanese Technology, Media & Telecom Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/jpy-corporate-technology-media-telecom
Japanese Technology, Media & Telecom Corporate Bond Yields (JPY) as of 2026-07-27: 10Y at 4.03%, fitted curve 1M–25Y (1.24%–6.82%), 223 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.24% | — |
| 3M | 1.39% | 1.46% |
| 6M | 1.54% | 1.70% |
| 9M | 1.65% | 1.85% |
| 12M | 1.72% | 1.96% |
| 18M | 1.85% | 2.11% |
| 2Y | 1.98% | 2.35% |
| 3Y | 2.22% | 2.71% |
| 4Y | 2.46% | 3.20% |
| 5Y | 2.71% | 3.68% |
| 6Y | 2.95% | 4.17% |
| 7Y | 3.19% | 4.66% |
| 8Y | 3.44% | 5.20% |
| 9Y | 3.71% | 5.91% |
| 10Y | 4.03% | 6.94% |
| 15Y | 5.51% | 8.54% |
| 25Y | 6.82% | 8.80% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 1.98% and the 10-year 4.03%, a 10Y−2Y spread of +205 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 | 1.98% | 1.87% | 1.86% | 1.84% | 1.85% | 1.72% |
| 10Y | 4.03% | 3.81% | 4.07% | 3.86% | 3.74% | 3.45% |
| 10Y − 2Y | +205 bp | +194 bp | +221 bp | +202 bp | +189 bp | +173 bp |
Yields by rating group
The same curve split by credit quality: 132 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 2.58%, Speculative 3.19%.
Bonds in this curve
A selection of 30 of the 223 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Ibiden CO., LTD. | 1.28% | 2026-09-09 | 0.11% | JP314880BM92 |
| Softbank Group Corp | 1.98% | 2026-09-11 | 1.38% | JP343610BK90 |
| Sony Group Corporation | 1.23% | 2026-10-09 | 0.18% | JP343500BKA6 |
| Softbank Group Corp | 1.48% | 2026-10-09 | 0.24% | JP373200AMA4 |
| GMO Internet Group, INC. | 2.01% | 2026-12-16 | 0.77% | JP315275AMC3 |
| NTT Finance Corporation | 1.33% | 2026-12-18 | 0.26% | JP316572BH30 |
| Softbank Group Corp | 1.60% | 2027-03-18 | 0.45% | JP373200CL34 |
| GMO Internet Group, INC. | 2.45% | 2027-04-19 | 1.73% | JP338655AQ42 |
| NEC Corporation | 1.53% | 2027-06-15 | 0.46% | JP373300DH61 |
| NTT Finance Corporation | 1.51% | 2027-06-18 | 0.67% | JP316572AQ63 |
| Softbank Group Corp | 1.88% | 2027-12-03 | 0.48% | JP373200BLC0 |
| Yahoo Japan Corporation | 1.91% | 2027-12-07 | 0.40% | JP393380DHC0 |
| Softbank Group Corp | 1.94% | 2028-05-26 | 1.84% | JP373200AS54 |
| Softbank Group Corp | 2.04% | 2028-06-02 | 0.42% | JP373200BM67 |
| Softbank Group Corp | 3.58% | 2029-02-02 | 2.48% | JP343610AN23 |
| Sony Group Corporation | 1.88% | 2029-03-07 | 0.63% | JP343500BQ30 |
| Sony Group Corporation | 2.08% | 2030-03-06 | 1.27% | JP343500AR30 |
| Scsk Corporation | 2.17% | 2030-03-12 | 1.53% | JP340040BR32 |
| Softbank Group Corp | 2.69% | 2031-01-31 | 1.24% | JP373200AQ15 |
| Hikari Tsushin, INC. | 3.10% | 2031-01-31 | 0.98% | JP378342BM24 |
| Softbank Group Corp | 2.97% | 2032-02-04 | 1.81% | JP373200AR22 |
| Hikari Tsushin, INC. | 3.54% | 2032-03-12 | 2.60% | JP378342AR38 |
| NTT Finance Corporation | 2.79% | 2033-03-18 | 2.66% | JP316572CS69 |
| Hikari Tsushin, INC. | 3.85% | 2033-03-23 | 1.79% | JP378342BJ37 |
| Sony Group Corporation | 2.82% | 2034-03-07 | 1.00% | JP343500CQ39 |
| NTT Finance Corporation | 2.99% | 2034-03-17 | 1.48% | JP316572DQ60 |
| Sony Group Corporation | 2.99% | 2035-03-06 | 1.71% | JP343500BR39 |
| Hikari Tsushin, INC. | 4.65% | 2036-02-01 | 1.38% | JP378342CM23 |
| Hikari Tsushin, INC. | 5.27% | 2039-11-08 | 1.70% | JP378342BKB9 |
| Hikari Tsushin, INC. | 6.32% | 2049-11-08 | 2.50% | JP378342CKB7 |