US High Yield (BB–D) Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-bb-d-non-callable
US High Yield (BB–D) Non-Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 7.18%, fitted curve 1M–20Y (4.85%–7.20%), 77 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.85% | — |
| 3M | 5.01% | 5.09% |
| 6M | 5.24% | 5.62% |
| 9M | 5.47% | 6.24% |
| 12M | 5.69% | 6.24% |
| 18M | 6.07% | 7.00% |
| 2Y | 6.38% | 7.52% |
| 3Y | 6.81% | 7.90% |
| 4Y | 7.03% | 7.95% |
| 5Y | 7.13% | 7.79% |
| 6Y | 7.18% | 7.61% |
| 7Y | 7.20% | 7.47% |
| 8Y | 7.20% | 7.36% |
| 10Y | 7.18% | 7.20% |
| 15Y | 7.04% | 6.63% |
| 20Y | 6.75% | 5.09% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.38% and the 10-year 7.18%, a 10Y−2Y spread of +80 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 6.38% | 5.47% | 5.49% | 6.01% | 5.77% | 5.78% | 5.33% |
| 10Y | 7.18% | 7.27% | 7.15% | 6.44% | 6.87% | 6.99% | 6.49% |
| 10Y − 2Y | +80 bp | +180 bp | +166 bp | +43 bp | +109 bp | +122 bp | +116 bp |
Bonds in this curve
A selection of 30 of the 98 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Turkiye Vakiflar Bankasi TAO | 13.29% | 2026-10-01 | 5.50% | XS2386558113 |
| Access Bank PLC | 17.45% | 2026-09-21 | 6.12% | XS2388445764 |
| Cfamc II CO. LTD. | 4.80% | 2026-11-22 | 4.88% | XS1515240015 |
| Hazine Mustesarligi Varlik Kiralama Anonim Sirketi | 6.40% | 2027-02-24 | 7.25% | US421790AH94 |
| Cooper Tire & Rubber CO | 5.19% | 2027-03-15 | 7.62% | US216831AB38 |
| Banco Bradesco SA | 4.78% | 2027-03-18 | 4.38% | US05947LBA52 |
| Cfamc II CO. LTD. | 4.90% | 2027-04-27 | 4.75% | XS1596795358 |
| Arada Sukuk Limited | 8.99% | 2027-06-08 | 8.12% | XS2471859251 |
| Macy's Retail Hldgs LLC | 5.19% | 2027-07-15 | 6.79% | US55616XAB38 |
| Tegna INC | 5.60% | 2027-09-15 | 7.25% | US080555AF20 |
| Cfamc II CO. LTD. | 5.15% | 2027-11-07 | 4.25% | XS1711550373 |
| Transnet SOC LTD | 5.94% | 2028-02-06 | 8.25% | XS2582981952 |
| Turkiye Ihracat Kredi Bankasi AS | 6.62% | 2028-02-06 | 7.50% | XS2750476603 |
| Turkiye Ihracat Kredi Bankasi AS | 6.70% | 2028-07-03 | 6.88% | XS3034601446 |
| Eskom Holdings SOC Limited | 5.98% | 2028-08-10 | 8.45% | XS1864522757 |
| Turkiye Ihracat Kredi Bankasi AS | 6.95% | 2029-05-02 | 6.12% | XS3357256208 |
| Cfamc IV CO., LTD. | 5.13% | 2029-05-29 | 4.50% | XS2001732283 |
| Champion MTN Limited | 6.34% | 2030-06-15 | 2.95% | XS2189595049 |
| Turkiye Ihracat Kredi Bankasi AS | 7.25% | 2030-10-03 | 6.38% | XS3183303018 |
| Aloqabank JSC | 7.92% | 2031-05-18 | 7.70% | XS3340633489 |
| Telekom Srbija AD | 7.64% | 2031-05-18 | 7.25% | XS3370281795 |
| Sappi Papier Holding Gmbh | 10.64% | 2032-06-15 | 7.50% | XS0149581935 |
| The Bidvest Group (UK) PLC | 6.09% | 2032-09-17 | 6.20% | XS3179720167 |
| SLM Corp | 8.38% | 2033-08-01 | 5.62% | US78442FAZ18 |
| Macy's Retail Hldgs LLC | 7.00% | 2034-07-15 | 6.70% | US577778CE17 |
| Citigroup INC | 6.43% | 2036-12-01 | 7.62% | US17305HAA68 |
| Pitney Bowes INC | 8.53% | 2037-01-15 | 5.25% | US72447XAB38 |
| Whirlpool Corp | 10.34% | 2043-03-01 | 5.15% | US96332HCG20 |
| Cfamc II CO. LTD. | 5.96% | 2047-04-27 | 5.50% | XS1603397487 |
| Cfamc II CO. LTD. | 5.86% | 2047-11-07 | 4.95% | XS1711992716 |