US High Yield (BB–D) Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-15
https://bondscovery.com/yield-curve/usd-corporate-bb-d-metals-mining
US High Yield (BB–D) Metals & Mining Corporate Bond Yields (USD) as of 2026-09-15: 10Y at 6.79%, fitted curve 1M–15Y (5.78%–6.79%), 138 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.78% | — |
| 6M | 5.82% | 5.93% |
| 12M | 5.88% | 6.04% |
| 18M | 5.97% | 6.25% |
| 2Y | 6.09% | 6.56% |
| 3Y | 6.35% | 7.07% |
| 4Y | 6.58% | 7.48% |
| 5Y | 6.70% | 7.43% |
| 6Y | 6.76% | 7.23% |
| 7Y | 6.78% | 7.07% |
| 8Y | 6.79% | 6.98% |
| 9Y | 6.79% | 6.94% |
| 10Y | 6.79% | 6.92% |
| 15Y | 6.79% | 6.91% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.09% and the 10-year 6.79%, a 10Y−2Y spread of +71 bp — positively sloped — as of 2026-09-15. 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 | Latest2026-09-15 | 1m ago2026-08-17 | 2m ago2026-07-17 | 3m ago2026-06-17 | 4m ago2026-05-18 | 5m ago2026-04-17 | 6m ago2026-03-19 |
|---|---|---|---|---|---|---|---|
| 2Y | 6.09% | 5.70% | 6.24% | 5.68% | 5.60% | 6.18% | 5.74% |
| 10Y | 6.79% | 6.51% | 7.11% | 6.71% | 6.65% | 6.81% | 6.82% |
| 10Y − 2Y | +71 bp | +81 bp | +87 bp | +103 bp | +105 bp | +63 bp | +108 bp |
Bonds in this curve
A selection of 30 of the 183 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novelis Corp | 6.73% | 2026-11-15 | 3.25% | USU6700TAE39 |
| JSW Steel LTD | 5.26% | 2027-04-05 | 3.95% | USY44680RV38 |
| Fortescue Treasury PTY LTD | 5.66% | 2027-09-15 | 4.50% | US30251GBA40 |
| Fortescue Treasury PTY LTD | 6.28% | 2027-09-15 | 4.50% | USQ3919KAM38 |
| Constellium SE | 5.85% | 2028-06-15 | 5.62% | US21039CAA27 |
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC | 5.15% | 2028-09-01 | 3.25% | US03969YAA64 |
| Mineral Resources LTD | 7.82% | 2028-10-01 | 9.25% | US603051AE37 |
| Iamgold Corp | 6.70% | 2028-10-15 | 5.75% | USC4535AAC48 |
| Constellium SE | 5.93% | 2029-04-15 | 3.75% | USF21107AB74 |
| Perenti Finance PTY LTD | 6.72% | 2029-04-26 | 7.50% | USQ7390AAB81 |
| Suncoke Energy INC | 6.97% | 2029-06-30 | 4.88% | USU86651AB92 |
| Fortescue Treasury PTY LTD | 6.12% | 2030-04-15 | 5.88% | USQ3919KAP68 |
| Cleveland-Cliffs INC | 6.95% | 2030-04-15 | 6.75% | USU1852LAM91 |
| Taseko Mines LTD | 7.05% | 2030-05-01 | 8.25% | USC8692MAD68 |
| Fortescue Treasury PTY LTD | 6.22% | 2031-04-01 | 4.38% | USQ3919KAN11 |
| First Quantum Minerals LTD | 7.78% | 2031-06-01 | 8.62% | USC3535CAP35 |
| CSN Resources SA | 15.05% | 2031-06-10 | 4.62% | USL21779AJ97 |
| JSW Steel LTD | 6.04% | 2032-04-05 | 5.05% | USY44680RW11 |
| Fortescue Treasury PTY LTD | 6.19% | 2032-04-15 | 6.12% | USQ3919KAQ42 |
| Mineral Resources LTD | 6.56% | 2032-05-01 | 6.00% | USQ60976AF65 |
| Capstone Copper Corp | 6.67% | 2033-03-31 | 6.75% | US14071LAA61 |
| Novelis Corp | 6.79% | 2033-08-15 | 6.38% | USU6700TAH69 |
| First Quantum Minerals LTD | 7.14% | 2034-02-15 | 7.25% | USC3535CAS73 |
| Mineral Resources LTD | 6.86% | 2034-05-01 | 6.25% | USQ60976AG49 |
| Mineral Resources LTD | 6.80% | 2034-05-01 | 6.25% | US603051AH67 |
| Commercial Metals CO | 6.51% | 2035-12-15 | 6.00% | US201723AV52 |
| Commercial Metals CO | 6.50% | 2035-12-15 | 6.00% | USU06657AE75 |
| Alcoa Nederland Holding B.V. | 6.84% | 2036-09-30 | 6.88% | US013822AJ08 |
| United States Steel Corp | 6.39% | 2037-06-01 | 6.65% | US912909AD03 |
| Cleveland-Cliffs INC | 8.87% | 2040-10-01 | 6.25% | US18683KAC53 |