US Callable Aerospace & Defense Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-aerospace-defense-callable
US Callable Aerospace & Defense Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.54%, fitted curve 3M–40Y (4.63%–6.04%), 295 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.70% | — |
| 6M | 4.64% | 4.58% |
| 9M | 4.63% | 4.61% |
| 12M | 4.64% | 4.69% |
| 18M | 4.70% | 4.82% |
| 2Y | 4.77% | 4.98% |
| 3Y | 4.91% | 5.18% |
| 4Y | 5.04% | 5.42% |
| 5Y | 5.15% | 5.63% |
| 6Y | 5.26% | 5.80% |
| 7Y | 5.36% | 5.92% |
| 8Y | 5.43% | 5.98% |
| 9Y | 5.49% | 5.97% |
| 10Y | 5.54% | 5.93% |
| 15Y | 5.75% | 6.19% |
| 20Y | 5.96% | 6.57% |
| 25Y | 6.01% | 6.21% |
| 30Y | 6.03% | 6.12% |
| 40Y | 6.04% | 6.07% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.77% and the 10-year 5.54%, a 10Y−2Y spread of +77 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 | 4.77% | 4.58% | 4.60% | 4.40% | 4.46% | 4.04% | 4.10% |
| 10Y | 5.54% | 5.23% | 5.29% | 5.21% | 5.32% | 4.91% | 4.97% |
| 10Y − 2Y | +77 bp | +64 bp | +69 bp | +81 bp | +86 bp | +87 bp | +87 bp |
Yields by rating group
The same curve split by credit quality: 335 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.49%, A+ to BBB- 5.21%, Speculative 6.09%.
Bonds in this curve
A selection of 30 of the 335 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| RTX Corp | 5.05% | 2026-11-01 | 2.65% | US913017CH04 |
| RTX Corp | 5.07% | 2026-11-08 | 5.75% | US75513ECT64 |
| L3Harris Technologies INC | 4.91% | 2027-01-15 | 5.40% | US502431AP47 |
| Boeing CO | 4.24% | 2027-02-01 | 2.70% | US097023CM50 |
| Textron INC | 5.08% | 2027-03-15 | 3.65% | US883203BX87 |
| BAE Systems PLC | 4.78% | 2027-03-26 | 5.00% | USG07540AB68 |
| BAE Systems PLC | 4.49% | 2027-07-01 | 7.50% | US11041RAL24 |
| Rolls-Royce PLC | 4.92% | 2027-10-15 | 5.75% | USG76237AC37 |
| GE Aerospace | 4.95% | 2027-11-15 | 5.65% | US36267VAE39 |
| General Dynamics Corp | 4.73% | 2027-11-15 | 2.62% | US369550AZ10 |
| General Dynamics Corp | 4.57% | 2028-05-15 | 3.75% | US369550BC16 |
| Lockheed Martin Corp | 4.59% | 2028-05-15 | 4.45% | US539830BZ19 |
| Northrop Grumman Corp | 4.83% | 2029-02-01 | 4.60% | US666807CK64 |
| Lockheed Martin Corp | 4.74% | 2029-02-15 | 4.50% | US539830CC15 |
| Boeing CO | 4.93% | 2030-02-01 | 2.95% | US097023CN34 |
| General Dynamics Corp | 4.83% | 2030-04-01 | 3.62% | US369550BM97 |
| Boeing CO | 5.09% | 2031-02-01 | 3.62% | US097023DC69 |
| Northrop Grumman Corp | 5.02% | 2031-02-15 | 7.75% | US666807AW21 |
| Transdigm INC | 6.38% | 2032-03-01 | 6.62% | USU8936PBC69 |
| Leidos INC | 5.41% | 2032-03-15 | 5.40% | US52532XAK19 |
| Boeing CO | 5.51% | 2033-02-15 | 6.12% | US097023AU94 |
| RTX Corp | 5.11% | 2033-02-27 | 5.15% | US75513ECR09 |
| Transdigm INC | 6.17% | 2034-01-31 | 6.25% | USU8936PBG73 |
| Boeing CO | 5.43% | 2035-02-01 | 3.25% | US097023CP81 |
| Leidos INC | 5.74% | 2036-03-15 | 5.00% | US52532XAN57 |
| Boeing CO | 5.84% | 2039-03-01 | 3.50% | US097023CE35 |
| GE Aerospace | 5.72% | 2044-03-11 | 4.50% | US369604BH58 |
| Boeing CO | 6.27% | 2049-05-01 | 3.90% | US097023CK94 |
| RTX Corp | 6.00% | 2054-03-15 | 6.40% | US75513ECX76 |
| Lockheed Martin Corp | 6.00% | 2062-06-15 | 4.30% | US539830BT58 |