US High Yield (BB–D) Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-bb-d-specialised-finance
US High Yield (BB–D) Specialised Finance Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 8.14%, fitted curve 3M–25Y (6.55%–8.14%), 385 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 6.55% | — |
| 6M | 6.65% | 6.76% |
| 9M | 6.77% | 7.00% |
| 12M | 6.89% | 7.26% |
| 18M | 7.14% | 7.64% |
| 2Y | 7.37% | 8.05% |
| 3Y | 7.70% | 8.37% |
| 4Y | 7.88% | 8.40% |
| 5Y | 7.96% | 8.32% |
| 6Y | 8.02% | 8.27% |
| 7Y | 8.05% | 8.28% |
| 8Y | 8.09% | 8.32% |
| 10Y | 8.14% | 8.38% |
| 15Y | 8.14% | 8.14% |
| 20Y | 7.65% | 6.18% |
| 25Y | 7.36% | 6.24% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 7.37% and the 10-year 8.14%, a 10Y−2Y spread of +78 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 | 7.37% | 7.45% | 7.74% | 7.17% | 7.67% | 6.82% | 6.71% |
| 10Y | 8.14% | 9.06% | 8.09% | 8.47% | 8.08% | 7.77% | 7.52% |
| 10Y − 2Y | +78 bp | +160 bp | +35 bp | +130 bp | +41 bp | +95 bp | +81 bp |
Bonds in this curve
A selection of 30 of the 781 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| SLM Corp | 5.06% | 2026-11-02 | 3.12% | US78442PGE07 |
| Cfamc II CO. LTD. | 4.79% | 2026-11-22 | 4.88% | XS1515240015 |
| FS KKR Capital Corp | 7.16% | 2027-01-15 | 2.62% | US302635AH04 |
| Onemain Finance Corp | 5.19% | 2027-01-15 | 3.50% | US682691AB63 |
| Cfamc II CO. LTD. | 4.86% | 2027-04-27 | 4.75% | XS1596795358 |
| Icahn Enterprises L.P. / Icahn Enterprises Finance Corp | 6.58% | 2027-05-15 | 5.25% | US451102BZ91 |
| United Wholesale Mortgage LLC | 9.64% | 2027-06-15 | 5.75% | USU91458AB22 |
| FS KKR Capital Corp | 6.56% | 2027-07-15 | 3.25% | US302635AL16 |
| Cfamc II CO. LTD. | 5.05% | 2027-11-07 | 4.25% | XS1711550373 |
| Onemain Finance Corp | 5.90% | 2028-01-15 | 6.62% | US85172FAQ28 |
| Onemain Finance Corp | 5.81% | 2028-09-15 | 3.88% | US682691AC47 |
| Coinbase Global INC | 6.12% | 2028-10-01 | 3.38% | USU19328AA89 |
| Cfamc IV CO., LTD. | 4.96% | 2029-05-29 | 4.50% | XS2001732283 |
| Cfamc IV CO., LTD. | 4.96% | 2029-11-13 | 3.88% | XS2076078786 |
| Cfamc IV CO., LTD. | 5.11% | 2030-02-24 | 3.38% | XS2122990810 |
| Cfamc IV CO., LTD. | 5.07% | 2030-09-30 | 3.62% | XS2235973869 |
| Stonex Group INC | 6.90% | 2031-03-01 | 7.88% | USG85160AA07 |
| Navient Corp | 10.32% | 2031-03-15 | 11.50% | US63938CAP32 |
| California Buyer LTD | 9.50% | 2032-02-15 | 6.38% | USG17736AA05 |
| Pennymac Financial Services INC | 7.39% | 2032-05-15 | 6.88% | USU7089FAH56 |
| Synchrony Financial | 6.76% | 2033-02-02 | 7.25% | US87165BAU70 |
| Pennymac Financial Services INC | 7.53% | 2033-02-15 | 6.88% | US70932MAF41 |
| Pennymac Financial Services INC | 7.63% | 2034-02-15 | 6.75% | US70932MAH07 |
| Michaels COS INC | 11.60% | 2034-03-15 | 11.00% | US59408QAA40 |
| Nova Securitisation Sarl | 7.74% | 2036-02-03 | 6.50% | US66984FAB31 |
| Nova Securitisation Sarl | 7.72% | 2036-02-03 | 6.50% | USL70906AB56 |
| Prospect Capital Corp | 9.39% | 2042-11-15 | 6.62% | US74348YAV39 |
| Prospect Capital Corp | 8.66% | 2043-06-15 | 6.50% | US74348GMV94 |
| Cfamc II CO. LTD. | 5.75% | 2047-04-27 | 5.50% | XS1603397487 |
| Prospect Capital Corp | 6.79% | 2051-07-15 | 4.00% | US74348GDG29 |