United Kingdom A–BBB Callable Consumer Products & Retail Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-consumer-products-retail-united-kingdom-callable
United Kingdom A–BBB Callable Consumer Products & Retail Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.70%, fitted curve 1M–30Y (4.58%–6.43%), 71 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.58% | — |
| 3M | 4.60% | 4.61% |
| 9M | 4.66% | 4.69% |
| 12M | 4.69% | 4.78% |
| 18M | 4.75% | 4.87% |
| 2Y | 4.81% | 4.99% |
| 3Y | 4.93% | 5.17% |
| 4Y | 5.05% | 5.42% |
| 5Y | 5.17% | 5.65% |
| 6Y | 5.29% | 5.87% |
| 7Y | 5.40% | 6.07% |
| 8Y | 5.50% | 6.25% |
| 9Y | 5.60% | 6.41% |
| 10Y | 5.70% | 6.54% |
| 15Y | 6.06% | 6.79% |
| 20Y | 6.27% | 6.90% |
| 25Y | 6.38% | 6.81% |
| 30Y | 6.43% | 6.70% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.81% and the 10-year 5.70%, a 10Y−2Y spread of +89 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 ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.81% | 4.49% | 4.59% | 4.47% | 4.58% | 3.96% | 4.13% |
| 10Y | 5.70% | 5.44% | 5.46% | 5.41% | 5.41% | 5.22% | 5.16% |
| 10Y − 2Y | +89 bp | +95 bp | +87 bp | +94 bp | +83 bp | +126 bp | +103 bp |
Bonds in this curve
A selection of 30 of the 74 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| British American Tobacco plc | 4.32% | 2026-09-06 | 3.21% | US05526DBJ37 |
| Diageo Capital PLC | 4.64% | 2026-10-05 | 5.38% | US25243YBK47 |
| British American Tobacco plc | 4.65% | 2027-04-02 | 4.70% | US05526DBP96 |
| Unilever PLC | 4.35% | 2027-05-05 | 2.90% | US904764AY33 |
| Reckitt Benckiser Treasury Services PLC | 4.94% | 2027-06-26 | 3.00% | USG7420TAE67 |
| Imperial Brands Finance PLC | 5.00% | 2027-07-27 | 6.12% | USG471ABWD89 |
| British American Tobacco plc | 4.86% | 2028-03-16 | 4.45% | US05530QAP54 |
| Unilever PLC | 4.42% | 2028-03-22 | 3.50% | US904764BC04 |
| Diageo Capital PLC | 4.56% | 2028-05-18 | 3.88% | US25243YAZ25 |
| Imperial Brands Finance PLC | 5.02% | 2028-06-30 | 4.50% | USG471ABR287 |
| British American Tobacco plc | 4.86% | 2029-02-02 | 5.93% | US05530QAQ38 |
| British American Tobacco plc | 4.83% | 2029-09-06 | 3.46% | US05526DBH70 |
| Carnival Corp | 5.76% | 2030-03-15 | 5.75% | USP2121VAT19 |
| British American Tobacco plc | 5.02% | 2030-04-02 | 4.91% | US05526DBN49 |
| British American Tobacco plc | 5.11% | 2031-02-20 | 5.83% | US05526DBY04 |
| British American Tobacco plc | 5.03% | 2031-03-25 | 2.73% | US05526DBS36 |
| British American Tobacco plc | 5.12% | 2032-03-16 | 4.74% | US05526DBW48 |
| Diageo Capital PLC | 5.09% | 2032-04-29 | 2.12% | US25243YBE86 |
| Carnival Corp | 6.19% | 2033-02-15 | 6.12% | USP2121VAS36 |
| British American Tobacco plc | 5.30% | 2033-08-02 | 6.42% | US054989AB41 |
| British American Tobacco plc | 5.34% | 2034-02-20 | 6.00% | US05526DBZ78 |
| Unilever PLC | 5.14% | 2034-08-12 | 4.62% | US904764BV84 |
| Imperial Brands Finance PLC | 5.79% | 2035-07-01 | 5.62% | USG471ABR360 |
| British American Tobacco plc | 5.43% | 2035-08-15 | 5.62% | US05526DCC74 |
| Diageo Capital PLC | 5.49% | 2036-09-30 | 5.88% | US25243YAH27 |
| British American Tobacco plc | 5.71% | 2037-08-15 | 4.39% | US05526DBD66 |
| British American Tobacco plc | 5.93% | 2040-09-25 | 3.73% | US05526DBT19 |
| British American Tobacco plc | 6.32% | 2047-08-15 | 4.54% | US05526DBF15 |
| British American Tobacco plc | 6.37% | 2049-09-06 | 4.76% | US05526DBK00 |
| Imperial Brands Finance PLC | 6.53% | 2055-07-01 | 6.38% | USG471ABR444 |