United Kingdom A–BBB Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-united-kingdom-callable
United Kingdom A–BBB Callable Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.87%, fitted curve 1M–40Y (4.24%–6.44%), 429 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.24% | — |
| 3M | 4.36% | 4.42% |
| 6M | 4.55% | 4.83% |
| 9M | 4.68% | 5.06% |
| 12M | 4.77% | 5.06% |
| 18M | 4.87% | 5.15% |
| 2Y | 4.95% | 5.26% |
| 3Y | 5.09% | 5.47% |
| 4Y | 5.23% | 5.77% |
| 5Y | 5.36% | 6.04% |
| 6Y | 5.48% | 6.30% |
| 7Y | 5.59% | 6.53% |
| 8Y | 5.70% | 6.73% |
| 9Y | 5.79% | 6.90% |
| 10Y | 5.87% | 7.05% |
| 15Y | 6.17% | 7.30% |
| 20Y | 6.32% | 7.37% |
| 25Y | 6.39% | 7.22% |
| 30Y | 6.42% | 7.03% |
| 40Y | 6.44% | 6.82% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.95% and the 10-year 5.87%, a 10Y−2Y spread of +93 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.95% | 4.71% | 4.67% | 4.60% | 4.52% | 4.47% | 4.28% |
| 10Y | 5.87% | 5.64% | 5.54% | 5.47% | 5.41% | 5.36% | 5.34% |
| 10Y − 2Y | +93 bp | +93 bp | +88 bp | +87 bp | +89 bp | +89 bp | +106 bp |
Bonds in this curve
A selection of 30 of the 567 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Diageo Capital PLC | 4.62% | 2026-10-05 | 5.38% | US25243YBK47 |
| Lloyds Banking Group PLC | 4.26% | 2027-01-11 | 3.75% | US53944YAD58 |
| Coca-Cola Europacific Partners PLC | 5.53% | 2027-01-15 | 1.50% | USG25839PT55 |
| Astrazeneca PLC | 4.66% | 2027-02-26 | 4.80% | US04636NAK90 |
| Glaxosmithkline Capital | 4.52% | 2027-03-12 | 4.32% | US377373AM70 |
| Unilever PLC | 4.68% | 2027-05-05 | 2.90% | US904764AY33 |
| Natwest Group PLC | 5.18% | 2027-05-17 | 5.42% | USG6382G7N69 |
| Unilever PLC | 4.59% | 2027-08-12 | 4.25% | US904764BU02 |
| British American Tobacco plc | 4.84% | 2027-08-15 | 3.56% | US05526DBB01 |
| Lloyds Banking Group PLC | 5.56% | 2028-01-05 | 5.46% | US53944YAZ60 |
| Barclays Bank PLC | 4.75% | 2028-01-10 | 4.34% | US06738EAU91 |
| Imperial Brands Finance PLC | 5.23% | 2028-06-30 | 4.50% | USG471ABR287 |
| RIO Tinto PLC | 4.86% | 2028-07-15 | 7.12% | US767201AD89 |
| Anglo American Capital PLC | 5.35% | 2029-03-16 | 3.88% | USG0446NAW41 |
| BAE Systems PLC | 5.18% | 2029-03-26 | 5.12% | USG07540AC42 |
| RIO Tinto PLC | 5.18% | 2030-03-14 | 4.88% | US76720AAS50 |
| Carnival Corp | 5.93% | 2030-03-15 | 5.75% | USP2121VAT19 |
| RIO Tinto PLC | 5.49% | 2031-03-15 | 7.25% | US013716AQ81 |
| Anglo American Capital PLC | 5.58% | 2031-03-17 | 2.88% | USG0446NAV67 |
| RIO Tinto PLC | 5.33% | 2032-03-14 | 5.00% | US76720AAT34 |
| British American Tobacco plc | 5.48% | 2032-03-16 | 4.74% | US05526DBW48 |
| Anglo American Capital PLC | 5.74% | 2033-03-19 | 5.00% | USG0446NBC77 |
| Smith & Nephew PLC | 5.77% | 2034-03-20 | 5.40% | US83192PAD06 |
| RIO Tinto PLC | 5.56% | 2035-03-14 | 5.25% | US76720AAU07 |
| Anglo American Capital PLC | 5.94% | 2036-03-19 | 5.25% | USG0446NBD50 |
| Anglogold Ashanti Holdings PLC | 6.17% | 2040-04-15 | 6.50% | US03512TAB70 |
| BAE Systems PLC | 6.22% | 2044-10-07 | 4.75% | USU05632AH41 |
| Vodafone Group PLC | 6.52% | 2049-06-19 | 4.88% | US92857WBS89 |
| BAE Systems PLC | 6.01% | 2054-03-26 | 5.50% | USG07540AF72 |
| Vodafone Group PLC | 6.69% | 2063-02-10 | 5.75% | US92857WBZ23 |