US High Yield (BB–D) Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-bb-d-non-callable
US High Yield (BB–D) Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.28%, fitted curve 3M–20Y (5.26%–6.28%), 55 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 5.26% | — |
| 6M | 5.31% | 5.36% |
| 9M | 5.37% | 5.49% |
| 12M | 5.44% | 5.64% |
| 18M | 5.59% | 5.88% |
| 2Y | 5.74% | 6.21% |
| 3Y | 6.01% | 6.55% |
| 4Y | 6.17% | 6.63% |
| 5Y | 6.24% | 6.52% |
| 6Y | 6.26% | 6.41% |
| 7Y | 6.27% | 6.34% |
| 8Y | 6.28% | 6.31% |
| 9Y | 6.28% | 6.29% |
| 10Y | 6.28% | 6.29% |
| 15Y | 6.28% | 6.28% |
| 20Y | 6.28% | 6.28% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.74% and the 10-year 6.28%, a 10Y−2Y spread of +54 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 | 5.74% | 5.83% | 5.89% | 5.82% | 5.87% | 5.02% | 4.94% |
| 10Y | 6.28% | 7.00% | 6.94% | 6.17% | 6.30% | 5.64% | 8.17% |
| 10Y − 2Y | +54 bp | +118 bp | +105 bp | +35 bp | +43 bp | +62 bp | +323 bp |
Bonds in this curve
A selection of 30 of the 71 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Cfamc II CO. LTD. | 4.79% | 2026-11-22 | 4.88% | XS1515240015 |
| Hazine Mustesarligi Varlik Kiralama Anonim Sirketi | 5.95% | 2027-02-24 | 7.25% | US421790AH94 |
| Cfamc II CO. LTD. | 4.86% | 2027-04-27 | 4.75% | XS1596795358 |
| Arada Sukuk Limited | 8.13% | 2027-06-08 | 8.12% | XS2471859251 |
| Macy's Retail Hldgs LLC | 5.34% | 2027-07-15 | 6.79% | US55616XAB38 |
| Tegna INC | 5.47% | 2027-09-15 | 7.25% | US080555AF20 |
| Safeway INC | 5.54% | 2027-09-15 | 7.45% | US786514AS84 |
| Cfamc II CO. LTD. | 5.05% | 2027-11-07 | 4.25% | XS1711550373 |
| Transnet SOC LTD | 5.81% | 2028-02-06 | 8.25% | XS2582981952 |
| Nordstrom INC | 5.66% | 2028-03-15 | 6.95% | US655664AH33 |
| Pacific GAS & Electric | 5.79% | 2028-07-01 | 5.00% | US69331CAH16 |
| Eskom Holdings SOC Limited | 5.62% | 2028-08-10 | 8.45% | XS1864522757 |
| Cfamc IV CO., LTD. | 4.96% | 2029-05-29 | 4.50% | XS2001732283 |
| Limak Cimento Sanayi VE Ticaret Anonim Sirketi | 9.82% | 2029-07-25 | 9.75% | XS2862382541 |
| Champion MTN Limited | 6.29% | 2030-06-15 | 2.95% | XS2189595049 |
| Banco Bradesco SA | 5.86% | 2031-01-20 | 5.38% | US05947LBD91 |
| Solaris Energy Infrastructure INC | 6.62% | 2031-05-15 | 6.38% | US83419YAA47 |
| Telekom Srbija AD | 7.61% | 2031-05-18 | 7.25% | XS3370281795 |
| The Bidvest Group (UK) PLC | 6.16% | 2032-09-17 | 6.20% | XS3179720167 |
| Turk Telekomunikasyon AS | 7.36% | 2032-10-07 | 6.95% | XS3194824747 |
| Univision Communications INC | 9.68% | 2033-04-15 | 8.88% | USU91505AZ76 |
| ATI INC | 5.78% | 2033-06-15 | 5.88% | US01741RAP73 |
| Goldman Sachs Group INC | 5.88% | 2034-02-15 | 6.34% | US38143VAA70 |
| Macy's Retail Hldgs LLC | 7.36% | 2034-07-15 | 6.70% | US577778CE17 |
| NRG Energy INC | 6.32% | 2036-01-15 | 6.00% | US629377DD11 |
| Citigroup INC | 5.93% | 2036-12-01 | 7.62% | US17305HAA68 |
| Pitney Bowes INC | 8.85% | 2037-01-15 | 5.25% | US72447XAB38 |
| Discovery Communications LLC | 8.88% | 2040-06-01 | 6.35% | US25470DBZ15 |
| Cfamc II CO. LTD. | 5.75% | 2047-04-27 | 5.50% | XS1603397487 |
| Cfamc II CO. LTD. | 5.67% | 2047-11-07 | 4.95% | XS1711992716 |