Brazil High Yield (BB–D) Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-bb-d-brazil
Brazil High Yield (BB–D) Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 7.42%, fitted curve 6M–25Y (6.10%–8.16%), 48 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 6.10% | — |
| 12M | 6.12% | 6.23% |
| 18M | 6.14% | 6.29% |
| 2Y | 6.17% | 6.36% |
| 3Y | 6.24% | 6.50% |
| 4Y | 6.34% | 6.77% |
| 5Y | 6.46% | 7.18% |
| 6Y | 6.62% | 7.72% |
| 7Y | 6.80% | 8.40% |
| 8Y | 7.01% | 9.16% |
| 9Y | 7.22% | 9.88% |
| 10Y | 7.42% | 10.45% |
| 15Y | 8.01% | 10.62% |
| 20Y | 8.14% | 9.32% |
| 25Y | 8.16% | 8.59% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.17% and the 10-year 7.42%, a 10Y−2Y spread of +125 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 | 6.17% | 6.07% | 5.75% | 5.79% | — | 5.62% | 5.65% |
| 10Y | 7.42% | 7.25% | — | — | 6.70% | 6.72% | 6.41% |
| 10Y − 2Y | +125 bp | +118 bp | — | — | — | +110 bp | +76 bp |
Bonds in this curve
A selection of 30 of the 69 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bradesco | 4.36% | 2027-03-18 | 4.38% | US05947LBA52 |
| Adecoagro SA | 7.02% | 2027-09-21 | 6.00% | USL00849AA47 |
| Rede D'or | 5.83% | 2028-01-17 | 4.95% | USL7915RAA43 |
| Banco Votorantim SA | 5.62% | 2028-04-08 | 5.88% | US05975C2A01 |
| Natura | 7.86% | 2028-05-03 | 4.12% | USP7088CAC03 |
| Natura | 7.65% | 2028-05-03 | 4.12% | US63883KAB17 |
| Banco DO Brasil | 5.60% | 2029-01-11 | 4.88% | USP3772WAK82 |
| BTG Pactual | 6.16% | 2029-04-08 | 6.25% | US05971BAK52 |
| Natura | 7.66% | 2029-04-19 | 6.00% | USL6S52VAA02 |
| Globo | 6.43% | 2030-01-22 | 4.88% | USP47777AB69 |
| Bradesco | 5.67% | 2030-01-22 | 6.50% | US05947LBB36 |
| BTG Pactual | 6.26% | 2030-01-22 | 5.75% | US05971BAL36 |
| Petrobras | 5.74% | 2030-09-10 | 5.12% | US71647NBM02 |
| Klabin Austria | 6.41% | 2031-01-12 | 3.20% | USA35155AE99 |
| Bradesco | 5.76% | 2031-01-21 | 5.38% | US05947LBD91 |
| B3 S.A. - Brasil, Bolsa, Balcao | 6.21% | 2031-09-20 | 4.12% | USP19118AA91 |
| Banco DO Brasil | 6.32% | 2031-10-23 | 5.62% | US05959LAJ26 |
| Globo | 6.53% | 2032-01-14 | 5.50% | USP47777AC43 |
| Adecoagro SA | 8.39% | 2032-07-29 | 7.50% | USL00849AB20 |
| Constellation OIL | 7.73% | 2033-08-03 | 7.70% | US21038MAR43 |
| Constellation OIL | 7.75% | 2033-08-03 | 7.70% | USL1965HAH32 |
| Axia Energia | 6.86% | 2035-01-11 | 6.50% | USP2281VAA81 |
| Petrobras | 6.13% | 2035-01-13 | 6.00% | US71647NBL29 |
| Rede D'or | 6.99% | 2035-09-09 | 6.45% | US75735GAC24 |
| Rede D'or | 7.08% | 2035-09-09 | 6.45% | USL7915TAC64 |
| Rede D'or | 7.34% | 2036-04-28 | 6.55% | US75735GAD07 |
| Braskem | 14.32% | 2041-07-22 | 7.12% | USU1065PAA94 |
| Klabin Austria | 7.38% | 2049-04-03 | 7.00% | USA35155AB50 |
| Petrobras | 7.28% | 2050-06-03 | 6.75% | US71647NBG34 |
| BRF SA | 8.83% | 2050-09-21 | 5.75% | US10552TAH05 |