US High Yield (BB–D) Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-bb-d-utilities-power
US High Yield (BB–D) Utilities & Power Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 6.89%, fitted curve 9M–15Y (5.69%–6.89%), 136 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 5.69% | — |
| 12M | 5.71% | 5.82% |
| 18M | 5.78% | 6.01% |
| 2Y | 5.88% | 6.29% |
| 3Y | 6.16% | 6.90% |
| 4Y | 6.47% | 7.70% |
| 5Y | 6.70% | 7.92% |
| 6Y | 6.81% | 7.66% |
| 7Y | 6.86% | 7.36% |
| 8Y | 6.88% | 7.17% |
| 9Y | 6.88% | 7.08% |
| 10Y | 6.89% | 7.04% |
| 15Y | 6.89% | 7.01% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.88% and the 10-year 6.89%, a 10Y−2Y spread of +101 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 | 5.88% | 5.55% | 5.58% | 5.45% | 5.38% | 5.72% | 5.26% |
| 10Y | 6.89% | 6.68% | 6.48% | 6.74% | 6.67% | 6.99% | 6.36% |
| 10Y − 2Y | +101 bp | +113 bp | +90 bp | +129 bp | +129 bp | +128 bp | +110 bp |
Bonds in this curve
A selection of 30 of the 194 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Eskom Holdings SOC Limited | 6.03% | 2027-07-23 | 4.31% | XS2010027709 |
| Xplr Infrastructure Operating Partners L.P. | 5.31% | 2027-09-15 | 4.50% | US65342QAB86 |
| Mazoon Assets Company Saoc | 5.09% | 2027-11-08 | 5.20% | US57886LAA08 |
| NRG Energy INC | 5.93% | 2028-01-15 | 5.75% | US629377CE03 |
| Terraform PWR Oper LLC | 5.78% | 2028-01-31 | 5.00% | US88104LAE39 |
| Clearway Energy Operating LLC | 5.41% | 2028-03-15 | 4.75% | US18539UAC99 |
| Pacific GAS & Electric | 5.92% | 2028-07-01 | 5.00% | US69331CAH16 |
| ReNew Energy Global plc | 6.51% | 2028-07-14 | 4.50% | USY7280PAA13 |
| GFL Environmental INC | 5.41% | 2028-08-01 | 4.00% | USC39217AK79 |
| Investment Energy Resources LTD | 7.01% | 2029-04-26 | 6.25% | USG4923NAB40 |
| Aegea Finance Sarl | 10.71% | 2029-05-20 | 6.75% | USL01343AA79 |
| Axia Energia | 6.19% | 2030-02-04 | 4.62% | USP22835AB13 |
| Pacific GAS & Electric | 6.22% | 2030-07-01 | 5.25% | US69331CAJ71 |
| Empresa Distribuidora Y Comercializadora Norte SA | 9.22% | 2030-10-24 | 9.75% | USP3710FAU86 |
| MSU Green Energy SA | 9.58% | 2030-12-05 | 9.75% | USP7000QAJ96 |
| Solaris Energy Infrastructure INC | 6.49% | 2031-05-15 | 6.38% | US83419YAA47 |
| Pampa Energia SA | 7.10% | 2031-09-10 | 7.95% | USP7464EAS56 |
| NRG Energy INC | 5.92% | 2032-02-15 | 3.88% | US629377CS98 |
| Enfragen Energia SUR S.A.U. / Enfragen Chile SPA / Enfragen Spain S.A.U. | 7.53% | 2032-06-30 | 8.50% | US29281MAA80 |
| YPF Energia Electrica SA | 7.47% | 2032-10-16 | 7.88% | USP9897PAS31 |
| NRG Energy INC | 6.30% | 2033-02-01 | 6.00% | USU66962BB30 |
| Empresa Distribuidora de Electricidad de Mendoza SA | 10.48% | 2033-06-11 | 9.75% | USP37213AH17 |
| AI Candelaria Spain S.A. | 7.32% | 2033-06-15 | 5.75% | USE0R75RAB28 |
| Xplr Infrastructure Operating Partners L.P. | 6.94% | 2034-04-15 | 7.75% | USU9841AAA61 |
| NRG Energy INC | 6.66% | 2034-11-01 | 6.25% | USU66962BC13 |
| Energuate Trust | 6.60% | 2035-09-15 | 6.35% | US29277RAB15 |
| NRG Energy INC | 6.47% | 2036-01-15 | 6.00% | US629377DD11 |
| NRG Energy INC | 6.47% | 2036-05-15 | 6.12% | US629377DG42 |
| MSU Green Energy SA | 10.07% | 2036-06-16 | 9.75% | USP7000TAA27 |
| Transalta Corp | 6.96% | 2040-03-15 | 6.50% | US89346DAE76 |