US A–BBB Non-Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-a-bbb-utilities-power-non-callable
US A–BBB Non-Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.68%, fitted curve 1M–25Y (4.91%–7.04%), 74 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.91% | — |
| 3M | 4.92% | 4.93% |
| 6M | 4.93% | 5.07% |
| 9M | 4.95% | 5.05% |
| 12M | 4.96% | 5.05% |
| 18M | 4.99% | 5.11% |
| 2Y | 5.02% | 5.17% |
| 3Y | 5.08% | 5.28% |
| 4Y | 5.15% | 5.45% |
| 5Y | 5.22% | 5.65% |
| 6Y | 5.31% | 5.87% |
| 7Y | 5.39% | 6.12% |
| 8Y | 5.49% | 6.41% |
| 9Y | 5.58% | 6.71% |
| 10Y | 5.68% | 7.05% |
| 15Y | 6.27% | 8.46% |
| 20Y | 6.76% | 10.41% |
| 25Y | 7.04% | 11.06% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.02% and the 10-year 5.68%, a 10Y−2Y spread of +67 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.02% | 4.81% | 4.75% | 4.76% | 4.62% | 4.49% | 4.26% |
| 10Y | 5.68% | 5.62% | 5.54% | 5.40% | 5.35% | 5.39% | 5.15% |
| 10Y − 2Y | +67 bp | +81 bp | +79 bp | +65 bp | +73 bp | +91 bp | +89 bp |
Bonds in this curve
A selection of 30 of the 121 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Washington GAS Light CO | 5.08% | 2026-10-23 | 6.63% | US93884PCK49 |
| Spic 2016 US Dollar Bond Company Limited | 4.69% | 2026-12-06 | 3.88% | XS1528227827 |
| Duke Energy Corporation | 5.00% | 2026-12-15 | 3.10% | US26442KAC09 |
| Delmarva Power & Light CO | 4.61% | 2027-02-01 | 7.72% | US24710XAF50 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 5.13% | 2027-05-15 | 4.12% | US71568QAC15 |
| Sgsp (Australia) Assets PTY LTD | 4.99% | 2027-07-07 | 3.50% | XS1642641812 |
| CLP Power Hong Kong Financing Limited | 4.56% | 2027-10-26 | 3.38% | XS0848445358 |
| Orange & Rockland Utilities INC | 4.49% | 2027-12-01 | 6.50% | US684065AT26 |
| Israel Electric Corp LTD | 5.65% | 2027-12-15 | 7.75% | US46507WAB63 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 5.54% | 2028-05-21 | 5.45% | US71568QAE70 |
| Hengjian International Investment Limited | 4.77% | 2028-06-17 | 4.25% | XS3059267362 |
| China Southern Power Grid International Finance (BVI) CO. Limited | 4.77% | 2028-09-18 | 4.25% | XS1874715169 |
| Southern California Edison Company | 5.50% | 2029-04-01 | 6.65% | US842400EB53 |
| The Kansai Electric Power Company, Incorporated | 5.42% | 2030-02-26 | 5.04% | XS3007477444 |
| Castle Peak Power Finance Company Limited | 4.92% | 2030-06-22 | 2.20% | XS2190958301 |
| CLP Power Hong Kong Financing Limited | 4.86% | 2030-06-30 | 2.12% | XS2193950354 |
| CLP Power Hong Kong Financing Limited | 4.85% | 2031-07-21 | 2.25% | XS2364591367 |
| CLP Power Hong Kong Financing Limited | 4.85% | 2031-07-21 | 2.25% | XS2366836133 |
| Oncor Electric Delivery Company LLC | 5.20% | 2032-05-01 | 7.00% | US68233DAT46 |
| Alabama Power CO | 5.18% | 2033-02-15 | 5.70% | US010392EC80 |
| Consolidated Edison CO NEW York INC | 5.76% | 2033-04-01 | 5.88% | US209111EB55 |
| Iberdrola | 5.83% | 2033-09-15 | 6.75% | US29266MAE93 |
| Atlantic City Electric CO | 5.12% | 2034-05-15 | 5.80% | US048303CC31 |
| Idaho Power CO | 5.47% | 2034-08-15 | 5.88% | US45138LAQ68 |
| National Grid PLC | 5.59% | 2035-04-01 | 5.80% | US49337WAJ99 |
| CLP Power Hong Kong Financing Limited | 5.15% | 2035-06-30 | 2.50% | XS2193950271 |
| Colorado Interstate GAS CO / Colorado Interstate Issuing Corp | 5.79% | 2037-06-15 | 6.85% | US196522AE66 |
| Enel | 6.49% | 2041-07-12 | 2.88% | USU2920CAB91 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 6.85% | 2047-05-15 | 5.25% | US71568QAD97 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 6.87% | 2049-07-17 | 4.88% | US71568QAK31 |