United States 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-united-states-non-callable
United States High Yield (BB–D) Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 7.01%, fitted curve 12M–15Y (5.35%–8.65%), 22 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.35% | — |
| 18M | 5.75% | 6.56% |
| 2Y | 5.88% | 6.29% |
| 3Y | 5.92% | 6.01% |
| 4Y | 5.95% | 6.04% |
| 5Y | 6.00% | 6.20% |
| 7Y | 6.21% | 6.71% |
| 8Y | 6.39% | 7.72% |
| 9Y | 6.66% | 8.82% |
| 10Y | 7.01% | 10.17% |
| 15Y | 8.65% | 12.03% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.88% and the 10-year 7.01%, a 10Y−2Y spread of +112 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 ago— | 2m ago2026-05-27 | 3m ago2026-04-28 | 4m ago2026-04-08 |
|---|---|---|---|---|---|
| 2Y | 5.88% | — | 6.33% | 6.44% | 5.88% |
| 10Y | 7.01% | — | 6.86% | 6.25% | 6.72% |
| 10Y − 2Y | +112 bp | — | +53 bp | -19 bp | +85 bp |
Bonds in this curve
The 26 bonds behind this curve. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| 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 |
| Ricoh USA INC | 5.69% | 2027-11-01 | 7.30% | US451713AC58 |
| Historic TW INC | 7.90% | 2028-01-15 | 6.95% | US887315BM03 |
| Nordstrom INC | 5.66% | 2028-03-15 | 6.95% | US655664AH33 |
| Pacific GAS & Electric | 5.79% | 2028-07-01 | 5.00% | US69331CAH16 |
| Qwest Corp | 7.31% | 2028-07-15 | 6.88% | US912912AQ52 |
| Occidental Petroleum Corp | 5.69% | 2029-03-15 | 7.20% | US032511AN73 |
| Historic TW INC | 7.19% | 2029-05-15 | 6.62% | US887315BN85 |
| Macy's Retail Hldgs LLC | 6.32% | 2030-03-01 | 7.88% | US577778BK85 |
| Safeway INC | 6.01% | 2031-02-01 | 7.25% | US786514BA67 |
| Solaris Energy Infrastructure INC | 6.62% | 2031-05-15 | 6.38% | US83419YAA47 |
| Univision Communications INC | 9.68% | 2033-04-15 | 8.88% | USU91505AZ76 |
| ATI INC | 5.78% | 2033-06-15 | 5.88% | US01741RAP73 |
| NRG Energy INC | 6.18% | 2034-01-15 | 5.75% | US629377DC38 |
| 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 |
| Historic TW INC | 8.30% | 2036-01-15 | 8.30% | US887315AZ25 |
| 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 |
| Discovery Communications LLC | 8.75% | 2042-05-15 | 4.95% | US25470DBW83 |
| Discovery Communications LLC | 8.26% | 2043-04-01 | 4.88% | US25470DBX66 |
| AP Grange Holdings LLC | 6.01% | 2045-03-20 | 6.50% | US00187RAA32 |