Hikari Tsushin Bond Yields (JPY)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/jpy-corporate-technology-media-telecom-japan-hikari-tsushin
Hikari Tsushin Bond Yields (JPY) as of 2026-09-25: 10Y at 5.06%, fitted curve 1M–25Y (1.95%–6.26%), 34 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 1.95% | — |
| 6M | 2.09% | 2.13% |
| 9M | 2.18% | 2.46% |
| 12M | 2.27% | 2.46% |
| 18M | 2.45% | 2.84% |
| 2Y | 2.63% | 3.22% |
| 3Y | 2.97% | 3.73% |
| 4Y | 3.31% | 4.44% |
| 5Y | 3.65% | 5.22% |
| 6Y | 3.98% | 5.96% |
| 7Y | 4.29% | 6.62% |
| 8Y | 4.57% | 7.19% |
| 9Y | 4.83% | 7.68% |
| 10Y | 5.06% | 8.06% |
| 15Y | 5.82% | 8.61% |
| 25Y | 6.26% | 8.12% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 2.63% and the 10-year 5.06%, a 10Y−2Y spread of +243 bp — positively sloped — as of 2026-09-25. 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 | Latest2026-09-25 | 1m ago2026-08-26 | 2m ago2026-07-27 | 3m ago2026-06-26 | 4m ago2026-05-28 | 5m ago2026-04-28 | 6m ago2026-03-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 2.63% | 2.38% | 2.21% | 2.12% | 2.08% | 2.04% | 2.06% |
| 10Y | 5.06% | 4.81% | 4.77% | 4.57% | 4.63% | 4.45% | 4.37% |
| 10Y − 2Y | +243 bp | +243 bp | +255 bp | +246 bp | +255 bp | +241 bp | +231 bp |
Bonds in this curve
A selection of 30 of the 34 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Hikari Tsushin | 1.96% | 2026-11-04 | 0.20% | JP378342AMB7 |
| Hikari Tsushin | 1.93% | 2027-03-12 | 0.58% | JP378342CQ37 |
| Hikari Tsushin | 2.07% | 2027-05-07 | 0.68% | JP378342AN57 |
| Hikari Tsushin | 2.23% | 2027-08-10 | 1.78% | JP378342AH89 |
| Hikari Tsushin | 2.26% | 2027-09-10 | 1.07% | JP378342AQ96 |
| Hikari Tsushin | 2.56% | 2028-06-09 | 1.11% | JP378342AP63 |
| Hikari Tsushin | 2.62% | 2028-09-21 | 0.80% | JP378342AJ95 |
| Hikari Tsushin | 2.62% | 2028-10-23 | 1.65% | JP378342ARA8 |
| Hikari Tsushin | 2.80% | 2029-03-14 | 1.27% | JP378342AQ39 |
| Hikari Tsushin | 2.88% | 2029-08-09 | 1.00% | JP378342AN81 |
| Hikari Tsushin | 2.99% | 2029-09-11 | 1.58% | JP378342BQ95 |
| Hikari Tsushin | 3.04% | 2029-11-08 | 0.60% | JP378342AKB1 |
| Hikari Tsushin | 3.14% | 2030-03-12 | 2.52% | JP378342AS37 |
| Hikari Tsushin | 3.26% | 2030-07-12 | 1.20% | JP378342BL74 |
| Hikari Tsushin | 3.29% | 2030-10-23 | 2.27% | JP378342BRA6 |
| Hikari Tsushin | 3.42% | 2031-01-31 | 0.98% | JP378342BM24 |
| Hikari Tsushin | 3.49% | 2031-04-25 | 2.05% | JP378342AQ47 |
| Hikari Tsushin | 3.38% | 2031-05-01 | 2.82% | JP378342AS52 |
| Hikari Tsushin | 3.57% | 2031-06-16 | 0.85% | JP378342BM65 |
| Hikari Tsushin | 3.90% | 2032-05-07 | 1.17% | JP378342BN56 |
| Hikari Tsushin | 4.11% | 2033-03-23 | 1.79% | JP378342BJ37 |
| Hikari Tsushin | 4.05% | 2033-04-28 | 3.51% | JP378342BS51 |
| Hikari Tsushin | 4.26% | 2033-08-29 | 2.38% | JP378342AP89 |
| Hikari Tsushin | 4.56% | 2034-08-08 | 1.38% | JP378342CK82 |
| Hikari Tsushin | 4.86% | 2036-02-01 | 1.38% | JP378342CM23 |
| Hikari Tsushin | 5.04% | 2036-11-04 | 1.33% | JP378342CMB3 |
| Hikari Tsushin | 5.36% | 2038-09-21 | 2.12% | JP378342BJ94 |
| Hikari Tsushin | 5.50% | 2039-11-08 | 1.70% | JP378342BKB9 |
| Hikari Tsushin | 5.68% | 2041-06-14 | 1.85% | JP378342CM64 |
| Hikari Tsushin | 6.44% | 2049-11-08 | 2.50% | JP378342CKB7 |