Canada A–BBB Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-canada
Canada A–BBB Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.22%, fitted curve 1M–100Y (4.74%–6.50%), 604 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.74% | — |
| 3M | 4.79% | 4.81% |
| 6M | 4.86% | 5.06% |
| 9M | 4.94% | 5.24% |
| 12M | 5.01% | 5.24% |
| 18M | 5.16% | 5.52% |
| 2Y | 5.28% | 5.77% |
| 3Y | 5.50% | 6.06% |
| 4Y | 5.66% | 6.30% |
| 5Y | 5.78% | 6.43% |
| 6Y | 5.87% | 6.52% |
| 7Y | 5.95% | 6.66% |
| 8Y | 6.03% | 6.91% |
| 9Y | 6.12% | 7.23% |
| 10Y | 6.22% | 7.51% |
| 15Y | 6.50% | 7.60% |
| 20Y | 6.49% | 6.51% |
| 25Y | 6.37% | 5.25% |
| 30Y | 6.34% | 6.00% |
| 40Y | 6.34% | 6.42% |
| 100Y | 6.34% | 6.44% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.28% and the 10-year 6.22%, a 10Y−2Y spread of +93 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 | 5.28% | 5.28% | 4.72% | 4.80% | 4.67% | 4.65% | 4.46% |
| 10Y | 6.22% | 6.16% | 5.66% | 5.65% | 5.40% | 5.46% | 5.36% |
| 10Y − 2Y | +93 bp | +88 bp | +95 bp | +85 bp | +73 bp | +81 bp | +90 bp |
Bonds in this curve
A selection of 30 of the 1123 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Canadian Pacific | 4.62% | 2026-12-02 | 1.75% | US13645RBE36 |
| Enbridge | 4.70% | 2026-12-01 | 4.25% | US29250NAL91 |
| RBC | 4.43% | 2027-01-19 | 4.88% | US78016HZT03 |
| Scotiabank | 4.05% | 2027-02-02 | 1.95% | US06417XAD30 |
| Nutrien | 5.02% | 2027-03-12 | 4.50% | US67077MBE75 |
| Enbridge | 5.09% | 2027-04-05 | 5.25% | US29250NCA19 |
| Cibc | 4.75% | 2027-06-28 | 5.24% | US13607L8C03 |
| Enbridge | 4.68% | 2027-07-15 | 3.70% | US29250NAR61 |
| Bank of Montreal | 4.84% | 2027-09-14 | 4.70% | US06368LAQ95 |
| Telus | 5.25% | 2027-09-15 | 3.70% | US87971MBF95 |
| Bank of Montreal | 4.95% | 2028-02-01 | 5.20% | US06368LGV27 |
| Toronto-Dominion Bank | 5.01% | 2028-01-31 | 4.86% | US89115A3E02 |
| Couche-Tard | 5.24% | 2028-09-29 | 4.15% | USC0219CAR81 |
| Constellation Software | 5.43% | 2029-02-16 | 5.16% | USC2670XAA75 |
| Nova Chemicals | 6.04% | 2029-05-15 | 4.25% | USC67111AK77 |
| Canadian Natural | 5.28% | 2029-12-15 | 5.00% | USC18478AA20 |
| Fairfax | 5.52% | 2030-04-29 | 4.62% | US303901BF83 |
| Nutrien | 5.44% | 2030-05-13 | 2.95% | US67077MAW82 |
| Bell Canada | 5.51% | 2032-02-15 | 2.15% | US0778FPAG48 |
| Telus | 5.97% | 2032-05-13 | 3.40% | US87971MBW29 |
| CN Rail | 5.28% | 2033-11-01 | 5.85% | US136375DH23 |
| Canadian Natural | 5.78% | 2034-12-15 | 5.40% | USC18478AB03 |
| Couche-Tard | 5.85% | 2035-09-29 | 5.08% | USC0219CAS64 |
| CN Rail | 5.60% | 2036-06-01 | 6.20% | US136375BN19 |
| Thomson Reuters | 6.44% | 2040-04-15 | 5.85% | US884903BH70 |
| Manulife | 6.16% | 2046-03-04 | 5.38% | US56501RAD89 |
| Bell Canada | 6.31% | 2049-07-29 | 4.30% | US0778FPAB50 |
| Fairfax | 6.69% | 2055-03-15 | 6.10% | USC33461AK75 |
| TC Energy | 6.44% | 2063-08-15 | 6.71% | US19828TAD81 |
| Canadian Pacific | 6.31% | 2115-09-15 | 6.12% | US13645RAX26 |