Luxembourg High Yield (BB–D) Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-bb-d-luxembourg
Luxembourg High Yield (BB–D) Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 7.97%, fitted curve 18M–20Y (6.65%–7.98%), 67 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 18M | 6.65% | — |
| 2Y | 6.68% | 6.78% |
| 3Y | 6.81% | 7.05% |
| 4Y | 7.04% | 7.76% |
| 5Y | 7.38% | 8.72% |
| 6Y | 7.67% | 9.17% |
| 7Y | 7.85% | 8.91% |
| 8Y | 7.93% | 8.49% |
| 9Y | 7.96% | 8.22% |
| 10Y | 7.97% | 8.08% |
| 15Y | 7.98% | 7.99% |
| 20Y | 7.98% | 7.98% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.68% and the 10-year 7.97%, a 10Y−2Y spread of +129 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 | 6.68% | 6.81% | 6.60% | 5.86% | 5.93% | 8.11% | 5.02% |
| 10Y | 7.97% | 7.52% | 7.33% | 7.28% | 7.33% | 6.31% | 7.69% |
| 10Y − 2Y | +129 bp | +71 bp | +73 bp | +142 bp | +140 bp | -180 bp | +267 bp |
Bonds in this curve
A selection of 30 of the 83 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Rumo Luxembourg Sarl | 7.38% | 2028-01-10 | 5.25% | USL79090AC78 |
| Millicom International Cellular SA | 5.34% | 2028-01-15 | 5.12% | US600814AN71 |
| Amaggi Luxembourg Intl S A R L | 7.29% | 2028-01-28 | 5.25% | USL0183BAA90 |
| Herens Holdco Sarl | 12.50% | 2028-05-15 | 4.75% | USL47909AA11 |
| Herens Holdco Sarl | 12.06% | 2028-05-15 | 4.75% | US427169AA59 |
| Millicom International Cellular SA | 6.43% | 2029-03-25 | 6.25% | USL6388GHV51 |
| Millicom International Cellular SA | 6.25% | 2029-03-25 | 6.25% | US600814AQ03 |
| Everarc Escrow S AR L | 5.77% | 2029-10-30 | 5.00% | US29977LAA98 |
| Albion Financing 1 Sarl / Aggreko Holdings INC | 6.45% | 2030-05-21 | 7.00% | USU0131NAA64 |
| Prio Luxembourg Holding S.A R.L. | 7.23% | 2030-10-15 | 6.75% | USL7S62BAA03 |
| Stena International SA | 6.89% | 2031-01-15 | 7.25% | USL62788AE12 |
| Hidrovias International Finance Sarl | 6.64% | 2031-02-08 | 4.95% | USL48008AB91 |
| Movida Europe S.A. | 11.01% | 2031-02-08 | 5.25% | USL65266AA36 |
| Minerva Luxembourg S.A. | 7.71% | 2031-03-18 | 4.38% | USL6401PAJ23 |
| Motion Finco Sarl | 14.00% | 2032-02-15 | 8.38% | USL6527FAE45 |
| Motion Finco Sarl | 13.63% | 2032-02-15 | 8.38% | US61980LAB53 |
| Froneri LUX Finco Sarl | 6.53% | 2032-08-01 | 6.00% | US35901MAA53 |
| Minerva Luxembourg S.A. | 8.27% | 2033-09-13 | 8.88% | USL6401PAM51 |
| Minerva Luxembourg S.A. | 8.13% | 2033-09-13 | 8.88% | US603374AH26 |
| Movida Europe S.A. | 10.68% | 2033-10-11 | 9.70% | USL65266AD74 |
| Cyprium Corp / Cyprium Holdings Luxembourg Sarl | 6.56% | 2034-04-15 | 6.38% | US23292NAB47 |
| Cyprium Corp / Cyprium Holdings Luxembourg Sarl | 6.52% | 2034-04-15 | 6.38% | USU23325AB67 |
| Telecom Italia | 5.86% | 2034-09-30 | 6.00% | US87927VAM00 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | US78518PAA30 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | USL02668AA66 |
| Threelands Energy LTD Sarl | 7.26% | 2035-10-20 | 7.45% | USL9067LAA90 |
| Nova Securitisation Sarl | 7.74% | 2036-02-03 | 6.50% | US66984FAB31 |
| Nova Securitisation Sarl | 7.72% | 2036-02-03 | 6.50% | USL70906AB56 |
| SES SA | 7.68% | 2043-04-04 | 5.30% | US78413HAB50 |
| SES Global Americas Holdings GP | 7.81% | 2044-03-25 | 5.30% | US78413KAB89 |