United States AAA–AA Non-Callable Insurance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
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 2026-07-27: 10Y at 5.30%, fitted curve 1M–15Y (4.17%–5.32%), 170 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.17% | — |
| 3M | 4.22% | 4.25% |
| 6M | 4.30% | 4.38% |
| 9M | 4.38% | 4.53% |
| 12M | 4.45% | 4.67% |
| 18M | 4.59% | 4.87% |
| 2Y | 4.71% | 5.06% |
| 3Y | 4.87% | 5.19% |
| 4Y | 4.97% | 5.26% |
| 5Y | 5.06% | 5.43% |
| 6Y | 5.15% | 5.63% |
| 7Y | 5.23% | 5.67% |
| 8Y | 5.27% | 5.57% |
| 9Y | 5.29% | 5.47% |
| 10Y | 5.30% | 5.42% |
| 15Y | 5.32% | 5.36% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.71% and the 10-year 5.30%, a 10Y−2Y spread of +60 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 | 4.71% | 4.51% | 4.43% | 4.25% | 4.35% | 3.88% | 3.96% |
| 10Y | 5.30% | 5.21% | 5.23% | — | — | — | — |
| 10Y − 2Y | +60 bp | +71 bp | +80 bp | — | — | — | — |
Bonds in this curve
A selection of 30 of the 232 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Pacific Life Global Funding II | 3.27% | 2026-08-28 | 5.50% | US6944PL2W87 |
| MET Tower Global Funding | 4.19% | 2026-09-14 | 1.25% | US58989V2D54 |
| Protective Life Corp | 4.05% | 2026-09-20 | 1.30% | US74368CBH60 |
| RGA Global Funding | 4.34% | 2026-11-30 | 2.00% | US76209PAA12 |
| Metropolitan Life Global Funding I | 4.29% | 2026-12-18 | 3.45% | US59217HBB24 |
| Metropolitan Life Global Funding I | 4.21% | 2026-12-18 | 3.45% | US59217GBY44 |
| Massmutual Global Funding II | 4.78% | 2027-04-09 | 5.10% | US57629XCY22 |
| Massmutual Global Funding II | 4.22% | 2027-04-09 | 5.10% | US57629W4S64 |
| Metropolitan Life Global Funding I | 4.40% | 2027-06-11 | 5.05% | US592179KL87 |
| Northwestern Mutual Life Insurance Company | 4.82% | 2027-09-12 | 4.11% | US66815M2T37 |
| NEW York Life Global Funding | 4.72% | 2028-01-10 | 3.00% | US64952XCS80 |
| NEW York Life Global Funding | 4.92% | 2028-01-09 | 4.85% | US64952XEU19 |
| NEW York Life Global Funding | 4.95% | 2028-06-13 | 4.90% | US64952XEZ06 |
| Massmutual Global Funding II | 4.87% | 2028-06-14 | 5.05% | US57629X6G80 |
| NEW York Life Global Funding | 4.78% | 2029-02-02 | 4.05% | US64952XFR70 |
| NEW York Life Global Funding | 4.93% | 2029-06-06 | 5.00% | US64952XFE67 |
| Guardian Life Insurance Company of America | 5.11% | 2030-04-28 | 4.80% | US40139MBK62 |
| Guardian Life Insurance Company of America | 5.03% | 2030-12-11 | 4.40% | US40139MBP59 |
| Protective Life Corp | 5.19% | 2031-04-14 | 4.83% | US74368ECB48 |
| Northwestern Mutual Life Insurance Company | 5.09% | 2031-05-28 | 5.16% | US66815M2S53 |
| Guardian Life Insurance Company of America | 5.17% | 2032-09-05 | 4.67% | US40139LBL62 |
| NEW York Life Global Funding | 5.18% | 2033-01-28 | 4.55% | US64952XEV91 |
| Metropolitan Life Global Funding I | 5.26% | 2033-03-28 | 5.15% | US59217HDZ73 |
| Guardian Life Insurance Company of America | 5.26% | 2033-04-30 | 4.92% | US40139MBQ33 |
| NEW York Life Global Funding | 5.28% | 2035-01-23 | 5.35% | US64952WFM01 |
| NEW York Life Global Funding | 5.35% | 2035-01-23 | 5.35% | US64952XFK28 |
| Pricoa Global Funding I | 5.41% | 2035-05-28 | 5.35% | US74153WCX56 |
| Pricoa Global Funding I | 4.87% | 2035-05-28 | 5.35% | US74153XBN66 |
| NEW York Life Global Funding | 5.51% | 2036-06-03 | 5.20% | US64952XFS53 |
| Teachers Insurance & Annuity Association America | 5.79% | 2039-12-16 | 6.85% | USU87602AV70 |