US AAA–AA Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-oil-gas
US AAA–AA Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.38%, fitted curve 1M–40Y (4.35%–6.16%), 141 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.35% | — |
| 6M | 4.40% | 4.41% |
| 9M | 4.43% | 4.49% |
| 12M | 4.46% | 4.55% |
| 18M | 4.52% | 4.64% |
| 2Y | 4.58% | 4.75% |
| 3Y | 4.69% | 4.92% |
| 4Y | 4.80% | 5.14% |
| 5Y | 4.91% | 5.35% |
| 6Y | 5.02% | 5.54% |
| 7Y | 5.11% | 5.71% |
| 8Y | 5.21% | 5.87% |
| 9Y | 5.30% | 6.01% |
| 10Y | 5.38% | 6.13% |
| 15Y | 5.71% | 6.37% |
| 20Y | 5.90% | 6.48% |
| 25Y | 5.93% | 6.05% |
| 30Y | 6.10% | 6.94% |
| 40Y | 6.16% | 6.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.58% and the 10-year 5.38%, a 10Y−2Y spread of +80 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 | 4.58% | 4.33% | 4.30% | 4.11% | 4.22% | 3.73% | 3.90% |
| 10Y | 5.38% | 5.08% | 5.13% | 5.00% | 5.10% | 4.72% | 4.80% |
| 10Y − 2Y | +80 bp | +75 bp | +83 bp | +90 bp | +87 bp | +99 bp | +90 bp |
Bonds in this curve
A selection of 30 of the 168 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Exxon Mobil Corp | 4.35% | 2026-08-16 | 2.27% | US30231GBD34 |
| Shell PLC | 4.23% | 2026-09-12 | 2.50% | US822582BX94 |
| Chevron USA INC | 4.33% | 2027-02-26 | 4.41% | US166756AZ95 |
| Exxon Mobil Corp | 4.43% | 2027-03-19 | 3.29% | US30231GBJ04 |
| Korea National OIL Corp | 4.44% | 2027-03-27 | 3.38% | US50066RAG11 |
| Chevron USA INC | 4.37% | 2027-08-12 | 1.02% | US166756AL00 |
| Chevron USA INC | 4.47% | 2027-08-13 | 3.95% | US166756BG06 |
| Chevron USA INC | 4.52% | 2028-01-15 | 3.85% | US166756AR79 |
| Noble Energy INC | 5.26% | 2028-01-15 | 3.85% | US655044AP00 |
| Equinor ASA | 4.49% | 2028-06-02 | 4.25% | US29446MAL63 |
| Chevron USA INC | 4.56% | 2028-08-13 | 4.05% | US166756BH88 |
| Saudi Arabian OIL Company | 4.99% | 2029-02-02 | 4.00% | XS3283469313 |
| Totalenergies SE | 4.61% | 2029-02-19 | 3.46% | US89153VAQ23 |
| Exxon Mobil Corp | 4.71% | 2030-03-19 | 3.48% | US30231GBK76 |
| Equinor ASA | 4.78% | 2030-04-06 | 3.12% | US29446MAF95 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 4.93% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Chevron USA INC | 4.85% | 2032-04-15 | 4.82% | US166756BE57 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Hess Corp | 5.11% | 2033-03-15 | 7.12% | US023551AM66 |
| Totalenergies SE | 5.17% | 2034-04-05 | 5.15% | US89157XAA90 |
| Saudi Arabian OIL Company | 5.45% | 2034-07-17 | 5.25% | XS2861550817 |
| Chevron USA INC | 5.09% | 2035-04-15 | 4.98% | US166756BF23 |
| Shell PLC | 5.12% | 2035-05-11 | 4.12% | US822582BE14 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| Chevron USA INC | 5.82% | 2044-11-15 | 5.05% | US166756AV81 |
| Totalenergies SE | 6.04% | 2049-07-12 | 3.46% | US89153VAU35 |
| Totalenergies SE | 6.00% | 2054-04-05 | 5.49% | US89157XAB73 |
| Totalenergies SE | 6.14% | 2064-04-05 | 5.64% | US89157XAC56 |