Switzerland Healthcare & Pharmaceuticals Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-24
https://bondscovery.com/yield-curve/usd-corporate-healthcare-pharmaceuticals-switzerland
Switzerland Healthcare & Pharmaceuticals Corporate Bond Yields (USD) as of 2026-09-24: 10Y at 5.62%, fitted curve 1M–30Y (4.41%–5.93%), 64 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.41% | — |
| 3M | 4.46% | 4.48% |
| 6M | 4.54% | 4.72% |
| 9M | 4.61% | 4.89% |
| 2Y | 4.88% | 5.10% |
| 3Y | 5.02% | 5.39% |
| 4Y | 5.14% | 5.61% |
| 5Y | 5.25% | 5.82% |
| 6Y | 5.34% | 6.00% |
| 7Y | 5.43% | 6.15% |
| 8Y | 5.50% | 6.26% |
| 9Y | 5.57% | 6.33% |
| 10Y | 5.62% | 6.38% |
| 15Y | 5.78% | 6.40% |
| 20Y | 5.84% | 6.28% |
| 25Y | 5.88% | 6.27% |
| 30Y | 5.93% | 6.75% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.88% and the 10-year 5.62%, a 10Y−2Y spread of +74 bp — positively sloped — as of 2026-09-24. 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 | Latest2026-09-24 | 1m ago2026-08-25 | 2m ago2026-07-27 | 3m ago2026-06-26 | 4m ago2026-05-27 | 5m ago2026-04-27 | 6m ago2026-03-27 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.88% | 4.49% | 4.53% | 4.38% | 4.33% | 4.12% | 4.15% |
| 10Y | 5.62% | 5.25% | 5.28% | 4.99% | 5.13% | 4.94% | 5.11% |
| 10Y − 2Y | +74 bp | +77 bp | +74 bp | +61 bp | +80 bp | +82 bp | +95 bp |
Yields by rating group
The same curve split by credit quality: 65 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.34%, A+ to BBB- 6.02%.
Bonds in this curve
A selection of 30 of the 65 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Roche Holding AG | 4.68% | 2026-11-13 | 5.26% | USU75000CE49 |
| Roche Holding AG | 4.65% | 2026-11-13 | 5.26% | US771196CE02 |
| Roche Holding AG | 4.52% | 2027-01-28 | 2.38% | US771196BL53 |
| Roche Holding AG | 4.38% | 2027-01-28 | 2.38% | USU75000BL90 |
| Novartis | 4.31% | 2027-02-14 | 2.00% | US66989HAQ11 |
| Roche Holding AG | 4.39% | 2027-03-10 | 2.31% | USU75000BV72 |
| Novartis | 4.46% | 2027-05-17 | 3.10% | US66989HAN89 |
| Roche Holding AG | 4.89% | 2028-09-17 | 3.62% | USU75000BP05 |
| Novartis | 5.02% | 2028-11-05 | 3.90% | US66989HAX61 |
| Roche Holding AG | 5.23% | 2029-09-09 | 4.20% | US771196CP58 |
| Novartis | 5.20% | 2029-09-18 | 3.80% | US66989HAT59 |
| Novartis | 5.34% | 2030-08-14 | 2.20% | US66989HAR93 |
| Novartis | 5.32% | 2030-11-05 | 4.10% | US66989HAY45 |
| Novartis | 5.32% | 2031-09-18 | 4.00% | US66989HAU23 |
| Roche Holding AG | 5.25% | 2031-12-13 | 2.08% | USU75000BX39 |
| Novartis | 5.45% | 2032-11-05 | 4.30% | US66989HAZ10 |
| Roche Holding AG | 5.36% | 2032-12-02 | 4.37% | USU75000CU80 |
| Roche Holding AG | 5.40% | 2033-11-13 | 5.59% | USU75000CH79 |
| Roche Holding AG | 5.53% | 2034-03-08 | 4.99% | USU75000CL81 |
| Roche Holding AG | 5.44% | 2034-09-09 | 4.59% | USU75000CQ78 |
| Novartis | 5.44% | 2034-09-18 | 4.20% | US66989HAV06 |
| Novartis | 5.41% | 2035-11-05 | 4.60% | US66989HBA59 |
| Novartis | 5.49% | 2036-03-18 | 4.90% | US66989HBJ68 |
| Hoffman Schroff Holdings INC | 6.02% | 2036-09-15 | 6.15% | US434541AA62 |
| Roche Holding AG | 5.68% | 2039-03-01 | 7.00% | USU75000AN65 |
| Novartis | 5.79% | 2042-09-21 | 3.70% | US66989HAF55 |
| Novartis | 5.88% | 2044-05-06 | 4.40% | US66989HAH12 |
| Roche Holding AG | 5.78% | 2044-11-28 | 4.00% | USU75000BG06 |
| Roche Holding AG | 5.86% | 2051-12-13 | 2.61% | USU75000BY12 |
| Novartis | 5.92% | 2055-11-05 | 5.30% | US66989HBC16 |