US AAA–AA Callable Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-banks-callable
US AAA–AA Callable Banks Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.91%, fitted curve 1M–30Y (4.45%–6.30%), 148 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.45% | — |
| 3M | 4.50% | 4.52% |
| 6M | 4.55% | 4.70% |
| 9M | 4.59% | 4.75% |
| 12M | 4.62% | 4.75% |
| 18M | 4.69% | 4.88% |
| 2Y | 4.76% | 5.03% |
| 3Y | 4.90% | 5.29% |
| 4Y | 5.06% | 5.67% |
| 5Y | 5.23% | 6.07% |
| 6Y | 5.39% | 6.45% |
| 7Y | 5.54% | 6.79% |
| 8Y | 5.68% | 7.06% |
| 9Y | 5.81% | 7.25% |
| 10Y | 5.91% | 7.36% |
| 15Y | 6.20% | 7.29% |
| 20Y | 6.28% | 6.87% |
| 25Y | 6.30% | 6.59% |
| 30Y | 6.30% | 6.47% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.76% and the 10-year 5.91%, a 10Y−2Y spread of +115 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 | 4.76% | 4.48% | 4.60% | 4.40% | 4.35% | 4.22% | 4.00% |
| 10Y | 5.91% | — | 5.40% | 5.29% | 5.40% | 5.24% | 5.31% |
| 10Y − 2Y | +115 bp | — | +80 bp | +89 bp | +105 bp | +102 bp | +131 bp |
Bonds in this curve
A selection of 30 of the 279 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of NEW York Mellon | 4.75% | 2026-10-15 | 1.05% | US06406RAV96 |
| Westpac Banking Corporation | 5.42% | 2026-10-20 | 4.60% | US961214FV03 |
| Citibank NA | 4.63% | 2026-12-04 | 5.49% | US17325FBC14 |
| Jpmorgan Chase & CO | 4.42% | 2026-12-08 | 5.11% | US48125LRU88 |
| Westpac Banking Corporation | 4.67% | 2027-03-08 | 3.35% | US961214DK65 |
| Bank of Nova Scotia | 4.95% | 2027-03-09 | 2.17% | USC0574BAB48 |
| Bank of NEW York Mellon | 4.42% | 2027-05-16 | 3.25% | US06406RAD98 |
| Toronto-Dominion Bank | 4.67% | 2027-07-16 | 4.81% | USC8888MBQ09 |
| State Street Corp | 4.75% | 2027-10-22 | 4.33% | US857477CP63 |
| Westpac Banking Corporation | 4.79% | 2027-11-18 | 5.46% | US961214FK48 |
| Westpac Banking Corporation | 4.70% | 2028-01-25 | 3.40% | US961214DW04 |
| Bank of NEW York Mellon | 4.73% | 2028-01-29 | 3.40% | US06406RAF47 |
| Bank of NEW York Mellon | 4.82% | 2028-07-14 | 1.65% | US06406RAU14 |
| Toronto-Dominion Bank | 4.78% | 2028-09-13 | 5.14% | USC8920GAA97 |
| Swedbank AB | 5.16% | 2029-03-14 | 5.41% | XS2783622561 |
| Westpac Banking Corporation | 5.04% | 2029-04-16 | 5.05% | US961214FT56 |
| Bank of NEW York Mellon | 5.09% | 2030-03-14 | 4.97% | US06406RBV87 |
| State Street Corp | 5.12% | 2030-04-24 | 4.83% | US857477DB68 |
| Westpac Banking Corporation | 5.15% | 2031-06-03 | 2.15% | US961214ET65 |
| Westpac Banking Corporation | 5.22% | 2031-06-12 | 4.45% | US9612EVAB54 |
| UBS Group AG | 5.54% | 2032-07-15 | 7.12% | US22541LAE39 |
| National Bank of Canada | 5.20% | 2032-10-18 | 4.65% | US63305LT947 |
| Bank of NEW York Mellon | 5.54% | 2033-10-25 | 5.83% | US06406RBM88 |
| Bank of NEW York Mellon | 5.50% | 2034-04-26 | 4.97% | US06406RBR75 |
| Bank of NEW York Mellon | 5.57% | 2035-03-14 | 5.19% | US06406RBW60 |
| Bank of NEW York Mellon | 5.75% | 2037-04-23 | 5.08% | US06406RCM79 |
| National Bank of Canada | 6.42% | 2039-10-17 | 4.80% | US63305LU358 |
| National Bank of Canada | 6.32% | 2045-01-24 | 6.05% | US63305L7E77 |
| National Bank of Canada | 5.79% | 2051-07-31 | 5.60% | US63305TPZ39 |
| National Bank of Canada | 6.22% | 2056-07-22 | 6.00% | US63305TNQ57 |