Canada A–BBB Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-banks-canada
Canada A–BBB Banks Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.44%, fitted curve 1M–25Y (4.47%–6.90%), 296 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.47% | — |
| 3M | 4.57% | 4.62% |
| 6M | 4.75% | 5.04% |
| 9M | 4.92% | 5.42% |
| 12M | 5.05% | 5.42% |
| 18M | 5.21% | 5.63% |
| 2Y | 5.33% | 5.79% |
| 3Y | 5.53% | 6.07% |
| 4Y | 5.70% | 6.38% |
| 5Y | 5.85% | 6.65% |
| 6Y | 5.99% | 6.94% |
| 7Y | 6.12% | 7.24% |
| 8Y | 6.24% | 7.50% |
| 9Y | 6.35% | 7.69% |
| 10Y | 6.44% | 7.81% |
| 15Y | 6.74% | 7.92% |
| 20Y | 6.86% | 7.77% |
| 25Y | 6.90% | 7.51% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.33% and the 10-year 6.44%, a 10Y−2Y spread of +112 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 | 5.33% | 5.25% | 4.62% | 4.74% | 4.56% | 4.49% | 4.38% |
| 10Y | 6.44% | 6.16% | 5.68% | 5.49% | 5.46% | 5.55% | 5.39% |
| 10Y − 2Y | +112 bp | +91 bp | +106 bp | +76 bp | +90 bp | +107 bp | +102 bp |
Bonds in this curve
A selection of 30 of the 791 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Scotiabank | 4.45% | 2026-12-07 | 5.35% | US06418JAA97 |
| Bank of Montreal | 4.30% | 2026-12-11 | 5.27% | US06368LC537 |
| RBC | 4.43% | 2027-01-19 | 4.88% | US78016HZT03 |
| Scotiabank | 4.05% | 2027-02-02 | 1.95% | US06417XAD30 |
| Toronto-Dominion Bank | 4.50% | 2027-04-05 | 4.98% | US89115A2W19 |
| Cibc | 4.62% | 2027-04-07 | 3.45% | US13607HR618 |
| Cibc | 4.75% | 2027-06-28 | 5.24% | US13607L8C03 |
| Toronto-Dominion Bank | 5.34% | 2027-07-16 | 1.32% | US89114TMM17 |
| Bank of Montreal | 4.84% | 2027-09-14 | 4.70% | US06368LAQ95 |
| Toronto-Dominion Bank | 4.90% | 2027-09-15 | 4.69% | US89115A2H42 |
| Bank of Montreal | 4.95% | 2028-02-01 | 5.20% | US06368LGV27 |
| Toronto-Dominion Bank | 5.01% | 2028-01-31 | 4.86% | US89115A3E02 |
| RBC | 4.92% | 2028-08-01 | 5.20% | US78016HZS20 |
| Bank of Montreal | 5.12% | 2028-09-25 | 5.72% | US06368LWU69 |
| Toronto-Dominion Bank | 5.40% | 2029-07-17 | 4.60% | US89115JCU51 |
| Toronto-Dominion Bank | 5.30% | 2029-07-27 | 4.85% | US89115KAS96 |
| Bank of Montreal | 6.04% | 2030-05-23 | 5.00% | US06376DN757 |
| Toronto-Dominion Bank | 5.37% | 2030-06-03 | 4.81% | US89115KAB61 |
| Desjardins | 5.64% | 2031-05-27 | 5.02% | US31429KAQ67 |
| Bank of Montreal | 5.31% | 2031-06-04 | 5.51% | US06368L3L88 |
| Toronto-Dominion Bank | 5.56% | 2032-06-08 | 4.46% | US89115A2E11 |
| Bank of Montreal | 6.00% | 2032-10-26 | 6.00% | US06376MJ624 |
| Bank of Montreal | 5.99% | 2033-06-15 | 5.10% | US06376LZS86 |
| Toronto-Dominion Bank | 5.90% | 2033-07-17 | 5.10% | US89115JCV35 |
| Bank of Montreal | 6.28% | 2034-09-25 | 5.00% | US06376BN389 |
| Toronto-Dominion Bank | 5.85% | 2035-10-15 | 4.93% | US89115KAJ97 |
| Bank of Montreal | 6.45% | 2036-06-16 | 5.35% | US06376LZV16 |
| RBC | 6.30% | 2039-04-29 | 6.00% | US78014RYK03 |
| Cibc | 6.74% | 2046-03-05 | 5.30% | US13609FGZ18 |
| RBC | 7.12% | 2051-09-15 | 6.00% | US78014R4J65 |