United Kingdom 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-united-kingdom-non-callable
United Kingdom A–BBB Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.59%, fitted curve 1M–25Y (4.51%–5.77%), 42 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.51% | — |
| 3M | 4.54% | 4.55% |
| 6M | 4.58% | 4.62% |
| 9M | 4.62% | 4.70% |
| 12M | 4.66% | 4.78% |
| 18M | 4.74% | 4.90% |
| 2Y | 4.81% | 5.05% |
| 3Y | 4.96% | 5.26% |
| 4Y | 5.10% | 5.50% |
| 5Y | 5.22% | 5.70% |
| 6Y | 5.32% | 5.84% |
| 7Y | 5.41% | 5.94% |
| 8Y | 5.48% | 6.00% |
| 9Y | 5.54% | 6.03% |
| 10Y | 5.59% | 6.03% |
| 15Y | 5.72% | 5.98% |
| 20Y | 5.76% | 5.87% |
| 25Y | 5.77% | 5.81% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.81% and the 10-year 5.59%, a 10Y−2Y spread of +78 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% | 4.77% | 4.57% | 4.46% | 4.68% | 4.32% | 4.27% |
| 10Y | 5.59% | 5.38% | 5.43% | 5.30% | 5.42% | 4.98% | 5.19% |
| 10Y − 2Y | +78 bp | +62 bp | +86 bp | +83 bp | +73 bp | +66 bp | +92 bp |
Bonds in this curve
A selection of 30 of the 67 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Nationwide Building Society | 5.85% | 2026-09-14 | 4.00% | US63859XAD93 |
| Nationwide Building Society | 4.35% | 2026-09-14 | 4.00% | US63859WAE93 |
| Natwest Group PLC | 6.40% | 2026-09-29 | 1.60% | USG6382GWT59 |
| Nationwide Building Society | 6.14% | 2026-10-13 | 1.50% | US63859VBH33 |
| BP PLC | 4.17% | 2027-01-16 | 3.02% | US10373QAV23 |
| Standard Chartered PLC | 4.90% | 2027-02-19 | 4.30% | XS1480699641 |
| BP PLC | 4.82% | 2027-04-14 | 3.59% | US10373QAZ37 |
| Nationwide Building Society | 4.54% | 2027-07-27 | 4.85% | US63861VAH06 |
| BP PLC | 4.36% | 2027-09-19 | 3.28% | US05565QDN51 |
| Standard Chartered PLC | 4.48% | 2027-12-03 | 4.85% | US85325X2B15 |
| Barclays Bank PLC | 5.74% | 2028-02-28 | 3.10% | US06741RFV87 |
| Barclays Bank PLC | 5.05% | 2028-05-09 | 4.84% | US06738EAW57 |
| Abrdn PLC | 5.57% | 2028-06-30 | 4.25% | XS1698906259 |
| Carnival Corp | 5.35% | 2029-05-01 | 5.12% | USP2121VAW48 |
| Nationwide Building Society | 5.08% | 2030-09-30 | 4.35% | US63861WAP05 |
| Standard Chartered PLC | 5.09% | 2030-10-15 | 5.00% | XS2914003533 |
| Standard Chartered PLC | 5.13% | 2031-05-13 | 5.24% | XS3068732455 |
| Unilever PLC | 4.83% | 2031-08-12 | 1.75% | US904764BQ99 |
| Hsbc Holdings PLC | 5.75% | 2032-05-17 | 7.62% | US404280AF65 |
| Standard Chartered PLC | 5.18% | 2032-06-05 | 4.53% | XS3304372868 |
| British American Tobacco plc | 5.29% | 2033-03-22 | 4.62% | US054989AF54 |
| Bank of Scotland PLC | 5.57% | 2033-11-01 | 6.00% | US4041A2AF14 |
| Glaxosmithkline Capital | 5.15% | 2034-04-15 | 5.38% | US377372AB33 |
| National Grid PLC | 5.41% | 2035-04-01 | 5.80% | US49337WAJ99 |
| Standard Chartered PLC | 5.77% | 2036-01-21 | 6.23% | XS2979655904 |
| Standard Chartered PLC | 5.68% | 2036-08-12 | 5.40% | XS3145651009 |
| Hsbc Holdings PLC | 5.86% | 2038-06-01 | 6.80% | US404280AJ87 |
| Astrazeneca PLC | 5.69% | 2042-09-18 | 4.00% | US046353AG32 |
| Standard Chartered PLC | 6.26% | 2044-03-26 | 5.70% | XS1049699926 |
| Unilever PLC | 5.68% | 2051-08-12 | 2.62% | US904764BR72 |