Japanese Investment Grade Technology, Media & Telecom Corporate Bond Yields (JPY)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/jpy-corporate-technology-media-telecom
Japanese Investment Grade Technology, Media & Telecom Corporate Bond Yields (JPY) as of 2026-10-26: 10Y at 3.28%, fitted curve 1M–25Y (1.73%–4.01%), 147 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.73% | — |
| 3M | 1.78% | 1.80% |
| 6M | 1.86% | 1.96% |
| 9M | 1.93% | 2.15% |
| 12M | 2.00% | 2.15% |
| 18M | 2.11% | 2.34% |
| 2Y | 2.21% | 2.54% |
| 3Y | 2.40% | 2.82% |
| 4Y | 2.58% | 3.18% |
| 5Y | 2.74% | 3.45% |
| 6Y | 2.87% | 3.60% |
| 7Y | 2.97% | 3.69% |
| 8Y | 3.07% | 3.91% |
| 9Y | 3.18% | 4.22% |
| 10Y | 3.28% | 4.50% |
| 15Y | 3.70% | 4.89% |
| 25Y | 4.01% | 4.89% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.21% and the 10-year 3.28%, a 10Y−2Y spread of +107 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.21% | 2.36% | 2.15% | 1.96% | 1.87% | 1.84% | 1.84% |
| 10Y | 3.28% | 4.21% | 4.12% | 4.00% | 3.82% | 3.92% | 3.86% |
| 10Y − 2Y | +107 bp | +185 bp | +197 bp | +203 bp | +195 bp | +208 bp | +202 bp |
Bonds in this curve
A selection of 30 of the 147 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| TDK | 1.74% | 2026-12-02 | 0.15% | JP353880AMC3 |
| Kddi | 1.61% | 2026-12-04 | 0.77% | JP349640AQC9 |
| NEC | 1.84% | 2027-03-02 | 0.35% | JP316474AN32 |
| Konica Minolta | 1.76% | 2027-03-05 | 0.55% | JP330060AQ30 |
| Naver Corporation | 2.07% | 2027-04-30 | 1.14% | JP541039APB4 |
| Hikari Tsushin | 2.05% | 2027-05-07 | 0.68% | JP378342AN57 |
| NEC | 1.84% | 2027-06-15 | 0.46% | JP373300DH61 |
| NTT Finance | 1.83% | 2027-06-18 | 0.67% | JP316572AQ63 |
| Hakuhodo DY Holdings Incorporated | 1.93% | 2027-10-08 | 0.65% | JP376655AQA7 |
| Kddi | 1.96% | 2027-10-27 | 0.43% | JP349640BNA8 |
| Scsk Corporation | 2.07% | 2028-03-10 | 1.27% | JP340040AR33 |
| Hikari Tsushin | 2.52% | 2028-06-09 | 1.11% | JP378342AP63 |
| TDK | 2.20% | 2028-09-07 | 0.52% | JP353880AP98 |
| NTT Finance | 2.22% | 2028-09-20 | 0.61% | JP316572BPB5 |
| NEC | 2.41% | 2029-05-28 | 2.09% | JP316474AS52 |
| NEC | 2.28% | 2029-06-15 | 1.88% | JP373300BS60 |
| NEC | 2.64% | 2030-06-07 | 2.36% | JP316474AS60 |
| TDK | 2.49% | 2030-06-18 | 1.36% | JP353880AR62 |
| Hikari Tsushin | 3.22% | 2031-05-01 | 2.82% | JP378342AS52 |
| NEC | 2.79% | 2031-05-28 | 2.57% | JP316474BS51 |
| Hikari Tsushin | 3.71% | 2032-05-07 | 1.17% | JP378342BN56 |
| NTT Finance | 2.80% | 2032-06-18 | 1.75% | JP316572BR95 |
| Hikari Tsushin | 3.84% | 2033-04-28 | 3.51% | JP378342BS51 |
| NTT Finance | 2.92% | 2033-06-20 | 0.84% | JP316572DP79 |
| NEC | 3.06% | 2034-07-07 | 1.59% | JP373300BQ70 |
| Kddi | 2.96% | 2034-07-11 | 1.42% | JP349640DQ77 |
| TDK | 3.22% | 2035-06-18 | 2.01% | JP353880CR60 |
| Hikari Tsushin | 4.79% | 2036-11-04 | 1.33% | JP378342CMB3 |
| Hikari Tsushin | 5.26% | 2039-11-08 | 1.70% | JP378342BKB9 |
| Hikari Tsushin | 6.26% | 2049-11-08 | 2.50% | JP378342CKB7 |