Japanese Technology, Media & Telecom Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/jpy-corporate-technology-media-telecom
Japanese Technology, Media & Telecom Corporate Bond Yields (JPY) as of 2026-09-11: 10Y at 4.11%, fitted curve 1M–25Y (1.83%–6.83%), 218 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.83% | — |
| 3M | 1.86% | 1.88% |
| 6M | 1.92% | 1.99% |
| 9M | 1.97% | 2.15% |
| 12M | 2.03% | 2.15% |
| 18M | 2.14% | 2.38% |
| 2Y | 2.25% | 2.61% |
| 3Y | 2.47% | 2.96% |
| 4Y | 2.69% | 3.43% |
| 5Y | 2.91% | 3.91% |
| 6Y | 3.13% | 4.41% |
| 7Y | 3.35% | 4.93% |
| 8Y | 3.58% | 5.54% |
| 9Y | 3.83% | 6.36% |
| 10Y | 4.11% | 7.62% |
| 15Y | 5.57% | 10.81% |
| 25Y | 6.83% | 14.44% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.25% and the 10-year 4.11%, a 10Y−2Y spread of +186 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 | 2.25% | 2.07% | 1.91% | 1.89% | 1.87% | 1.87% | 1.78% |
| 10Y | 4.11% | 3.99% | 4.17% | 4.01% | 3.98% | 3.81% | 3.47% |
| 10Y − 2Y | +186 bp | +192 bp | +226 bp | +211 bp | +211 bp | +194 bp | +169 bp |
Yields by rating group
The same curve split by credit quality: 126 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 2.80%, Speculative 3.42%.
Bonds in this curve
A selection of 30 of the 218 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Sony Group Corporation | 1.49% | 2026-10-09 | 0.18% | JP343500BKA6 |
| Softbank Group Corp | 1.68% | 2026-10-09 | 0.24% | JP373200AMA4 |
| Gree, INC. | 2.25% | 2026-11-20 | 1.30% | JP327407APB3 |
| Rakuten Group, INC. | 2.35% | 2026-12-02 | 0.60% | JP396720BMC8 |
| NEC Corporation | 1.75% | 2027-03-02 | 0.35% | JP316474AN32 |
| Sony Group Corporation | 1.54% | 2027-03-05 | 0.35% | JP343500AQ31 |
| Hikari Tsushin, INC. | 2.01% | 2027-05-07 | 0.68% | JP378342AN57 |
| Softbank Group Corp | 1.88% | 2027-05-27 | 0.83% | JP373200AQ56 |
| Hikari Tsushin, INC. | 2.17% | 2027-08-10 | 1.78% | JP378342AH89 |
| Ibiden CO., LTD. | 1.85% | 2027-09-10 | 0.38% | JP314880BN91 |
| NTT Finance Corporation | 1.96% | 2027-12-20 | 0.70% | JP316572AQA7 |
| NTT Finance Corporation | 1.96% | 2027-12-20 | 0.28% | JP316572CLC0 |
| GMO Internet Group, INC. | 2.89% | 2028-06-15 | 1.48% | JP315275AP66 |
| NTT Finance Corporation | 2.11% | 2028-06-20 | 0.40% | JP316572BP71 |
| Hikari Tsushin, INC. | 2.71% | 2029-03-14 | 1.27% | JP378342AQ39 |
| NTT Finance Corporation | 2.23% | 2029-03-19 | 1.83% | JP316572AS61 |
| Softbank Group Corp | 2.69% | 2030-03-18 | 0.50% | JP373200DL33 |
| Softbank Group Corp | 3.76% | 2030-04-24 | 3.34% | JP343610AR45 |
| Softbank Group Corp | 4.02% | 2031-03-14 | 3.04% | JP343610AQ38 |
| Hikari Tsushin, INC. | 3.32% | 2031-03-14 | 1.93% | JP378342BQ38 |
| Hikari Tsushin, INC. | 3.74% | 2032-05-07 | 1.17% | JP378342BN56 |
| NTT Finance Corporation | 2.81% | 2032-06-18 | 1.75% | JP316572BR95 |
| NTT Finance Corporation | 2.90% | 2033-03-18 | 2.66% | JP316572CS69 |
| Hikari Tsushin, INC. | 3.95% | 2033-03-23 | 1.79% | JP378342BJ37 |
| NTT Finance Corporation | 3.08% | 2034-03-17 | 1.48% | JP316572DQ60 |
| Rakuten Group, INC. | 4.61% | 2034-06-23 | 0.90% | JP396720EK68 |
| NTT Finance Corporation | 3.30% | 2035-06-20 | 2.15% | JP316572CR94 |
| NTT Finance Corporation | 3.40% | 2036-03-19 | 3.16% | JP316572DS68 |
| Hikari Tsushin, INC. | 5.33% | 2039-11-08 | 1.70% | JP378342BKB9 |
| Hikari Tsushin, INC. | 6.32% | 2049-11-08 | 2.50% | JP378342CKB7 |