US Investment Grade Aerospace & Defense Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-aerospace-defense
US Investment Grade Aerospace & Defense Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 5.83%, fitted curve 1M–40Y (4.87%–6.19%), 279 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.87% | — |
| 3M | 4.89% | 4.91% |
| 6M | 4.93% | 5.08% |
| 9M | 4.96% | 5.11% |
| 12M | 4.99% | 5.11% |
| 18M | 5.05% | 5.24% |
| 2Y | 5.11% | 5.37% |
| 3Y | 5.22% | 5.55% |
| 4Y | 5.34% | 5.79% |
| 5Y | 5.44% | 6.01% |
| 6Y | 5.54% | 6.20% |
| 7Y | 5.62% | 6.37% |
| 8Y | 5.70% | 6.50% |
| 9Y | 5.77% | 6.62% |
| 10Y | 5.83% | 6.70% |
| 15Y | 6.04% | 6.81% |
| 20Y | 6.13% | 6.77% |
| 25Y | 6.16% | 6.62% |
| 30Y | 6.18% | 6.50% |
| 40Y | 6.19% | 6.38% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.11% and the 10-year 5.83%, a 10Y−2Y spread of +72 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 ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.11% | 5.22% | 4.69% | 4.73% | 4.55% | 4.53% | 4.35% |
| 10Y | 5.83% | 5.99% | 5.49% | 5.45% | 5.16% | 5.28% | 5.18% |
| 10Y − 2Y | +72 bp | +77 bp | +80 bp | +72 bp | +61 bp | +76 bp | +83 bp |
Yields by rating group
The same curve split by credit quality: 304 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.87%, A+ to BBB- 5.61%.
Bonds in this curve
A selection of 30 of the 304 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| L3Harris | 5.29% | 2026-12-15 | 3.85% | US502431AL33 |
| L3Harris | 5.26% | 2026-12-15 | 3.85% | US502413BE66 |
| L3Harris | 4.45% | 2027-01-15 | 5.40% | US502431AP47 |
| Boeing CO | 5.01% | 2027-02-01 | 2.70% | US097023CM50 |
| RTX Corp | 4.74% | 2027-03-15 | 3.50% | US75513ECH27 |
| BAE Systems | 4.74% | 2027-03-26 | 5.00% | USG07540AB68 |
| BAE Systems | 4.67% | 2027-07-01 | 7.50% | US11041RAL24 |
| Raytheon | 4.87% | 2027-08-15 | 7.20% | US755111AF81 |
| Rolls-Royce PLC | 5.13% | 2027-10-15 | 5.75% | USG76237AC37 |
| GE Aerospace | 4.94% | 2027-11-15 | 5.65% | US36267VAE39 |
| Boeing CO | 5.10% | 2028-02-01 | 3.25% | US097023DB86 |
| Boeing CO | 5.24% | 2028-03-01 | 3.25% | US097023BX25 |
| Heico | 5.12% | 2028-08-01 | 5.25% | US422806AA75 |
| Honeywell Aerospace | 5.13% | 2029-03-16 | 4.00% | USU43781AC46 |
| Boeing CO | 5.39% | 2029-05-01 | 6.30% | USU77434AB12 |
| Boeing CO | 5.38% | 2029-05-01 | 6.30% | US097023DQ55 |
| Boeing CO | 5.50% | 2030-05-01 | 5.15% | US097023CY98 |
| Honeywell Aerospace | 5.29% | 2031-03-16 | 4.30% | USU43781AE02 |
| Boeing CO | 5.56% | 2031-05-01 | 6.39% | US097023DR39 |
| Leidos | 5.71% | 2032-03-15 | 5.40% | US52532XAK19 |
| GE Aerospace | 5.62% | 2032-11-22 | 5.91% | US36267VAJ26 |
| Spacex | 7.39% | 2033-07-15 | 5.65% | US84615QAC78 |
| Boeing CO | 5.79% | 2034-05-01 | 3.60% | US097023CJ22 |
| Honeywell Aerospace | 5.71% | 2036-03-16 | 4.95% | USU43781AG59 |
| Lockheed Martin | 5.54% | 2036-05-15 | 4.50% | US539830BK40 |
| GE Aerospace | 6.04% | 2042-10-09 | 4.12% | US369604BF92 |
| BAE Systems | 6.10% | 2044-10-07 | 4.75% | USU05632AH41 |
| GE Aerospace | 6.34% | 2052-11-22 | 6.38% | US36267VAL71 |
| Honeywell Aerospace | 6.17% | 2056-03-16 | 5.73% | USU43781AJ98 |
| Lockheed Martin | 6.09% | 2062-06-15 | 4.30% | US539830BT58 |