United Kingdom A–BBB Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-united-kingdom-callable
United Kingdom A–BBB Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.62%, fitted curve 1M–40Y (4.26%–6.33%), 406 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.26% | — |
| 3M | 4.33% | 4.36% |
| 6M | 4.45% | 4.57% |
| 9M | 4.56% | 4.79% |
| 12M | 4.64% | 4.89% |
| 18M | 4.74% | 4.93% |
| 2Y | 4.80% | 5.00% |
| 3Y | 4.92% | 5.16% |
| 4Y | 5.04% | 5.38% |
| 5Y | 5.15% | 5.59% |
| 6Y | 5.25% | 5.79% |
| 7Y | 5.35% | 5.96% |
| 8Y | 5.45% | 6.11% |
| 9Y | 5.54% | 6.25% |
| 10Y | 5.62% | 6.36% |
| 15Y | 5.92% | 6.54% |
| 20Y | 6.08% | 6.53% |
| 25Y | 6.14% | 6.38% |
| 30Y | 6.20% | 6.52% |
| 40Y | 6.33% | 6.72% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.80% and the 10-year 5.62%, a 10Y−2Y spread of +82 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 | 4.80% | 4.59% | 4.59% | 4.41% | 4.52% | 4.00% | 4.14% |
| 10Y | 5.62% | 5.30% | 5.43% | 5.39% | 5.42% | 5.04% | 5.17% |
| 10Y − 2Y | +82 bp | +71 bp | +83 bp | +97 bp | +90 bp | +104 bp | +102 bp |
Bonds in this curve
A selection of 30 of the 543 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| British American Tobacco plc | 4.32% | 2026-09-06 | 3.21% | US05526DBJ37 |
| Amcor PLC | 7.28% | 2026-09-15 | 3.10% | US081437AJ44 |
| Diageo Capital PLC | 4.64% | 2026-10-05 | 5.38% | US25243YBK47 |
| Hsbc Holdings PLC | 4.48% | 2026-11-23 | 4.38% | US404280BH13 |
| Astrazeneca PLC | 4.62% | 2027-02-26 | 4.80% | US04636NAK90 |
| Glaxosmithkline Capital | 4.54% | 2027-03-12 | 4.32% | US377373AM70 |
| Smith & Nephew PLC | 5.30% | 2027-03-20 | 5.15% | US83192PAC23 |
| BAE Systems PLC | 4.78% | 2027-03-26 | 5.00% | USG07540AB68 |
| 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 |
| CNH Industrial NV | 4.92% | 2027-11-15 | 3.85% | US12594KAB89 |
| BP PLC | 4.61% | 2027-11-17 | 5.02% | US10373QBY52 |
| Glaxosmithkline Capital | 4.41% | 2028-05-15 | 3.88% | US377372AN70 |
| Diageo Capital PLC | 4.56% | 2028-05-18 | 3.88% | US25243YAZ25 |
| British American Tobacco plc | 4.86% | 2029-02-02 | 5.93% | US05530QAQ38 |
| Astrazeneca PLC | 4.65% | 2029-02-26 | 4.85% | US04636NAL73 |
| Standard Chartered PLC | 5.67% | 2030-02-08 | 7.02% | USG84228FZ63 |
| Vodafone Group PLC | 4.98% | 2030-02-15 | 7.88% | US92857TAH05 |
| British American Tobacco plc | 5.11% | 2031-02-20 | 5.83% | US05526DBY04 |
| Astrazeneca PLC | 4.84% | 2031-02-26 | 4.90% | US04636NAM56 |
| Barclays Bank PLC | 4.94% | 2032-03-10 | 2.67% | US06738EBR53 |
| BP PLC | 5.17% | 2033-02-13 | 4.81% | US10373QBU31 |
| British American Tobacco plc | 5.34% | 2034-02-20 | 6.00% | US05526DBZ78 |
| Natwest Group PLC | 5.47% | 2035-03-01 | 5.78% | US639057AN83 |
| Astrazeneca PLC | 5.32% | 2036-03-02 | 4.60% | US04636NAS27 |
| British American Tobacco plc | 5.93% | 2040-09-25 | 3.73% | US05526DBT19 |
| Hsbc Holdings PLC | 5.95% | 2044-03-14 | 5.25% | US404280AQ21 |
| Vodafone Group PLC | 6.41% | 2049-06-19 | 4.88% | US92857WBS89 |
| BAE Systems PLC | 5.89% | 2054-03-26 | 5.50% | USG07540AF72 |
| Vodafone Group PLC | 6.56% | 2063-02-10 | 5.75% | US92857WBZ23 |