Rakuten Bond Yields (JPY)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/jpy-corporate-technology-media-telecom-japan-rakuten
Rakuten Bond Yields (JPY) as of 2026-09-25: 10Y at 5.16%, fitted curve 3M–10Y (2.52%–5.16%), 11 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 2.52% | — |
| 9M | 2.72% | 2.91% |
| 2Y | 3.23% | 3.55% |
| 3Y | 3.60% | 4.44% |
| 4Y | 3.94% | 5.12% |
| 5Y | 4.24% | 5.67% |
| 7Y | 4.71% | 6.24% |
| 8Y | 4.89% | 6.58% |
| 10Y | 5.16% | 6.69% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 3.23% and the 10-year 5.16%, a 10Y−2Y spread of +193 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 | 3.23% | 3.02% | 2.87% | 2.76% | 2.73% | 2.71% | 2.70% |
| 10Y | 5.16% | 4.98% | 4.91% | 4.75% | 4.81% | 4.66% | 4.60% |
| 10Y − 2Y | +193 bp | +196 bp | +204 bp | +199 bp | +207 bp | +196 bp | +190 bp |
Bonds in this curve
The 11 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Rakuten | 2.44% | 2026-12-02 | 0.60% | JP396720BMC8 |
| Rakuten | 2.73% | 2027-06-25 | 0.42% | JP396720DH64 |
| Rakuten | 3.19% | 2028-07-28 | 2.34% | JP396720AR73 |
| Rakuten | 3.20% | 2028-08-04 | 2.34% | JP396720AR81 |
| Rakuten | 3.30% | 2028-12-01 | 0.80% | JP396720CMC6 |
| Rakuten | 3.50% | 2029-06-25 | 0.45% | JP396720DK69 |
| Rakuten | 3.93% | 2030-07-29 | 3.26% | JP396720BR72 |
| Rakuten | 4.19% | 2031-12-02 | 1.05% | JP396720DMC4 |
| Rakuten | 4.63% | 2033-12-02 | 1.30% | JP396720EMC2 |
| Rakuten | 4.76% | 2034-06-23 | 0.90% | JP396720EK68 |
| Rakuten | 5.46% | 2036-12-02 | 1.50% | JP396720FMC9 |