United States AAA–AA Non-Callable Insurance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-insurance-united-states-non-callable
United States AAA–AA Non-Callable Insurance Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.63%, fitted curve 3M–15Y (4.13%–5.67%), 176 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.13% | — |
| 6M | 4.32% | 4.61% |
| 9M | 4.47% | 4.89% |
| 12M | 4.57% | 4.89% |
| 18M | 4.74% | 5.14% |
| 2Y | 4.86% | 5.34% |
| 3Y | 5.05% | 5.53% |
| 4Y | 5.17% | 5.66% |
| 5Y | 5.29% | 5.93% |
| 6Y | 5.42% | 6.27% |
| 7Y | 5.51% | 6.28% |
| 8Y | 5.57% | 6.16% |
| 9Y | 5.60% | 6.08% |
| 10Y | 5.63% | 6.02% |
| 15Y | 5.67% | 5.90% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.86% and the 10-year 5.63%, a 10Y−2Y spread of +76 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 | 4.86% | 4.66% | 4.53% | 4.53% | 4.35% | 4.23% | 4.09% |
| 10Y | 5.63% | 5.30% | 5.27% | 5.23% | — | — | — |
| 10Y − 2Y | +76 bp | +65 bp | +74 bp | +70 bp | — | — | — |
Bonds in this curve
A selection of 30 of the 236 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Metropolitan Life Global Funding I | 4.22% | 2026-12-18 | 3.45% | US59217HBB24 |
| Massmutual Global Funding II | 4.57% | 2027-01-14 | 2.35% | US57629XCA46 |
| Northwestern Mutual Life Insurance Company | 4.28% | 2027-01-11 | 1.75% | US66815L2F50 |
| Northwestern Mutual Life Insurance Company | 4.27% | 2027-03-25 | 5.07% | US66815L2R98 |
| Guardian Life Insurance Company of America | 4.35% | 2027-03-29 | 3.25% | US40139LBF94 |
| Massmutual Global Funding II | 4.25% | 2027-04-09 | 5.10% | US57629W4S64 |
| Metropolitan Life Global Funding I | 4.45% | 2027-06-11 | 5.05% | US592179KL87 |
| Metropolitan Life Global Funding I | 4.40% | 2027-06-30 | 4.40% | US59217GFB05 |
| Pricoa Global Funding I | 4.90% | 2027-08-27 | 4.40% | US74153XBK28 |
| Northwestern Mutual Life Insurance Company | 4.57% | 2027-09-12 | 4.11% | US66815L2T54 |
| NEW York Life Global Funding | 4.79% | 2028-01-10 | 3.00% | US64952XCS80 |
| NEW York Life Global Funding | 5.09% | 2028-01-09 | 4.85% | US64952XEU19 |
| Massmutual Global Funding II | 5.09% | 2028-06-14 | 5.05% | US57629X6G80 |
| NEW York Life Global Funding | 5.12% | 2028-06-13 | 4.90% | US64952XEZ06 |
| MET Tower Global Funding | 5.06% | 2029-04-12 | 5.25% | US58989V2H68 |
| RGA Global Funding | 5.23% | 2029-05-24 | 5.45% | US76209PAE34 |
| Metropolitan Life Global Funding I | 5.19% | 2030-04-09 | 2.95% | US59217GEG01 |
| Guardian Life Insurance Company of America | 5.28% | 2030-04-28 | 4.80% | US40139LBK89 |
| Northwestern Mutual Life Insurance Company | 5.37% | 2031-05-28 | 5.16% | US66815M2S53 |
| Guardian Life Insurance Company of America | 5.35% | 2031-06-01 | 4.81% | US40139MBR16 |
| RGA Global Funding | 5.66% | 2032-08-25 | 5.00% | US76209PAJ21 |
| RGA Global Funding | 5.62% | 2032-08-25 | 5.00% | US76209QAJ04 |
| Metropolitan Life Global Funding I | 5.45% | 2033-03-28 | 5.15% | US59217GFP90 |
| Metropolitan Life Global Funding I | 5.48% | 2033-03-28 | 5.15% | US59217HDZ73 |
| NEW York Life Global Funding | 5.58% | 2035-01-23 | 5.35% | US64952WFM01 |
| NEW York Life Global Funding | 5.61% | 2035-01-23 | 5.35% | US64952XFK28 |
| Pricoa Global Funding I | 5.64% | 2035-05-28 | 5.35% | US74153WCX56 |
| NEW York Life Global Funding | 5.61% | 2036-06-03 | 5.20% | US64952WFT53 |
| NEW York Life Global Funding | 5.74% | 2036-06-03 | 5.20% | US64952XFS53 |
| Teachers Insurance & Annuity Association America | 5.88% | 2039-12-16 | 6.85% | USU87602AV70 |