United Kingdom AAA–AA Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-aaa-aa-united-kingdom
United Kingdom AAA–AA Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 5.54%, fitted curve 2Y–25Y (4.89%–6.13%), 30 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 2Y | 4.89% | — |
| 3Y | 5.01% | 5.34% |
| 4Y | 5.08% | 5.37% |
| 9Y | 5.45% | 5.94% |
| 10Y | 5.54% | 6.83% |
| 15Y | 5.94% | 7.36% |
| 20Y | 6.09% | 7.13% |
| 25Y | 6.13% | 6.60% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.89% and the 10-year 5.54%, a 10Y−2Y spread of +66 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-07-07 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.89% | 5.06% | 4.37% | 4.54% | 4.48% | 4.20% | — |
| 10Y | 5.54% | 5.76% | 5.26% | 5.39% | 5.04% | 5.08% | 4.99% |
| 10Y − 2Y | +66 bp | +70 bp | +89 bp | +86 bp | +57 bp | +88 bp | — |
Bonds in this curve
A selection of 30 of the 36 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Shell PLC | 4.77% | 2028-11-13 | 3.88% | US822582CB65 |
| Shell PLC | 4.82% | 2028-11-13 | 3.88% | US822905AS43 |
| Shell PLC | 5.03% | 2029-11-07 | 2.38% | US822582CD22 |
| Shell PLC | 5.09% | 2029-11-07 | 2.38% | US822905AF22 |
| Shell PLC | 5.09% | 2030-04-06 | 2.75% | US822582CG52 |
| Shell PLC | 5.14% | 2030-04-06 | 2.75% | US822905AB18 |
| Shell PLC | 5.16% | 2030-11-06 | 4.12% | US822905AN55 |
| Shell PLC | 5.35% | 2035-05-11 | 4.12% | US822582BE14 |
| Shell PLC | 5.45% | 2035-05-11 | 4.12% | US822905AC90 |
| Shell PLC | 5.50% | 2036-01-06 | 4.75% | US822905AQ86 |
| Shell PLC | 5.58% | 2038-12-15 | 6.38% | US822582AD40 |
| Shell PLC | 5.75% | 2038-12-15 | 6.38% | US822905AU98 |
| Shell PLC | 6.12% | 2040-03-25 | 5.50% | US822582AN22 |
| Shell PLC | 5.81% | 2040-03-25 | 5.50% | US822905AW54 |
| Shell PLC | 5.96% | 2041-10-15 | 5.12% | US822905AY11 |
| Shell PLC | 5.87% | 2041-11-26 | 2.88% | US822582CK64 |
| Shell PLC | 5.95% | 2042-08-21 | 3.62% | US822582AT91 |
| Shell PLC | 5.99% | 2043-08-12 | 4.55% | US822905AD73 |
| Shell PLC | 6.10% | 2043-08-12 | 4.55% | US822582AY86 |
| Shell PLC | 6.17% | 2045-05-11 | 4.38% | US822582BF88 |
| Shell PLC | 6.08% | 2045-05-11 | 4.38% | US822905AA35 |
| Shell PLC | 6.10% | 2046-05-10 | 4.00% | US822905AE56 |
| Shell PLC | 6.20% | 2046-09-12 | 3.75% | US822582BY77 |
| Shell PLC | 6.11% | 2046-09-12 | 3.75% | US822905AH87 |
| Shell PLC | 6.18% | 2049-11-07 | 3.12% | US822582CE05 |
| Shell PLC | 6.06% | 2049-11-07 | 3.12% | US822905BA26 |
| Shell PLC | 6.03% | 2050-04-06 | 3.25% | US822582CH36 |
| Shell PLC | 5.98% | 2050-04-06 | 3.25% | US822905AG05 |
| Shell PLC | 6.26% | 2051-11-26 | 3.00% | US822582CL48 |
| Shell PLC | 6.03% | 2051-11-26 | 3.00% | US822905BC81 |