Canada A–BBB Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-canada-non-callable
Canada A–BBB Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.61%, fitted curve 1M–30Y (4.49%–6.35%), 35 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.49% | — |
| 3M | 4.51% | 4.52% |
| 6M | 4.54% | 4.57% |
| 9M | 4.57% | 4.62% |
| 12M | 4.60% | 4.68% |
| 18M | 4.65% | 4.77% |
| 2Y | 4.71% | 4.89% |
| 3Y | 4.83% | 5.07% |
| 4Y | 4.95% | 5.31% |
| 5Y | 5.07% | 5.55% |
| 6Y | 5.19% | 5.78% |
| 7Y | 5.30% | 5.99% |
| 10Y | 5.61% | 6.33% |
| 15Y | 5.98% | 6.73% |
| 30Y | 6.35% | 6.71% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.71% and the 10-year 5.61%, a 10Y−2Y spread of +90 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-06-04 |
|---|---|---|---|
| 2Y | 4.71% | 4.49% | 4.43% |
| 10Y | 5.61% | — | 5.39% |
| 10Y − 2Y | +90 bp | — | +97 bp |
Bonds in this curve
A selection of 30 of the 39 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Toronto-Dominion Bank | 4.75% | 2026-09-10 | 1.25% | US89114TZG02 |
| Toronto-Dominion Bank | 4.76% | 2026-12-11 | 5.26% | US89115A2V36 |
| Toronto-Dominion Bank | 4.45% | 2026-12-17 | 4.57% | US89115A3A89 |
| Toronto-Dominion Bank | 4.35% | 2027-01-12 | 1.95% | US89114TZN52 |
| Royal Bank of Canada | 4.42% | 2027-01-19 | 4.88% | US78016HZT03 |
| Toronto-Dominion Bank | 4.57% | 2027-04-05 | 4.98% | US89115A2W19 |
| Royal Bank of Canada | 4.52% | 2027-05-04 | 3.62% | US78016EZD20 |
| Federation des Caisses Desjardins du Quebec | 4.38% | 2027-08-23 | 4.55% | US31429KAH68 |
| Toronto-Dominion Bank | 4.60% | 2027-09-15 | 4.69% | US89115A2H42 |
| Royal Bank of Canada | 4.46% | 2027-11-01 | 6.00% | US78016FZU10 |
| Toronto-Dominion Bank | 4.70% | 2028-01-10 | 5.16% | US89115A2M37 |
| Federation des Caisses Desjardins du Quebec | 4.70% | 2028-05-26 | 4.50% | US31429KAR41 |
| Toronto-Dominion Bank | 4.79% | 2028-07-17 | 5.52% | US89115A2U52 |
| National Bank of Canada | 4.74% | 2028-12-18 | 5.60% | US63307A2X29 |
| Royal Bank of Canada | 4.68% | 2029-02-01 | 4.95% | US78016HZV58 |
| Canadian Pacific Railway | 4.94% | 2029-03-15 | 4.00% | US13645RBP82 |
| Toronto-Dominion Bank | 4.85% | 2029-04-05 | 4.99% | US89115A2Y74 |
| Bank of Nova Scotia | 4.89% | 2030-02-01 | 4.85% | US06417XAP69 |
| Meglobal Canada ULC | 5.41% | 2030-05-18 | 5.88% | US58518N2A93 |
| Federation des Caisses Desjardins du Quebec | 4.98% | 2030-08-26 | 4.57% | US31429KAP84 |
| Toronto-Dominion Bank | 4.82% | 2031-09-10 | 2.00% | US89114TZJ41 |
| Toronto-Dominion Bank | 5.01% | 2032-01-12 | 2.45% | US89114TZQ83 |
| Suncor Energy INC | 5.15% | 2032-02-01 | 7.15% | US867229AC03 |
| Suncor Energy INC | 5.38% | 2033-07-15 | 5.35% | US716442AH16 |
| Fairfax Financial Holdings LTD | 6.05% | 2037-07-15 | 7.75% | US303901AE28 |
| Transcanada Pipelines Limited | 5.79% | 2038-08-15 | 7.25% | US89352HAE99 |
| Nutrien LTD | 5.77% | 2040-12-01 | 5.62% | US67077MAG33 |
| Barrick Mining Corporation | 5.87% | 2041-05-30 | 5.70% | US06849RAG74 |
| Fairfax Financial Holdings LTD | 6.52% | 2055-03-15 | 6.10% | USC33461AK75 |
| Brookfield Corporation | 6.31% | 2055-09-15 | 6.08% | US112586AB85 |