United States High Yield (BB–D) Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-bb-d-utilities-power-united-states
United States High Yield (BB–D) Utilities & Power Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.66%, fitted curve 12M–10Y (5.55%–6.66%), 61 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.55% | — |
| 18M | 5.67% | 6.01% |
| 2Y | 5.82% | 6.38% |
| 3Y | 6.13% | 6.94% |
| 4Y | 6.38% | 7.39% |
| 5Y | 6.53% | 7.38% |
| 6Y | 6.61% | 7.18% |
| 7Y | 6.64% | 7.00% |
| 8Y | 6.65% | 6.89% |
| 9Y | 6.66% | 6.83% |
| 10Y | 6.66% | 6.80% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.82% and the 10-year 6.66%, a 10Y−2Y spread of +84 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.82% | 5.60% | 5.45% | 5.38% | 5.31% | 5.14% | 5.16% |
| 10Y | 6.66% | 6.37% | 6.37% | 6.52% | 6.41% | 6.42% | 6.26% |
| 10Y − 2Y | +84 bp | +77 bp | +92 bp | +114 bp | +110 bp | +128 bp | +110 bp |
Bonds in this curve
A selection of 30 of the 91 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Xplr Infrastructure Operating Partners L.P. | 5.56% | 2027-09-15 | 4.50% | US65342QAB86 |
| NRG Energy INC | 5.76% | 2028-01-15 | 5.75% | US629377CE03 |
| Terraform PWR Oper LLC | 5.78% | 2028-01-31 | 5.00% | US88104LAE39 |
| Clearway Energy Operating LLC | 5.89% | 2028-03-15 | 4.75% | US18539UAC99 |
| Olympus WTR US Hldg Corp | 5.69% | 2028-10-01 | 4.25% | US681639AA87 |
| Xplr Infrastructure Operating Partners L.P. | 6.34% | 2029-01-15 | 7.25% | USU6500TAH87 |
| NRG Energy INC | 5.86% | 2029-02-15 | 3.38% | USU66962AV03 |
| NRG Energy INC | 5.73% | 2029-06-15 | 5.25% | US629377CH34 |
| Leeward Renewable Energy Operations LLC | 6.55% | 2029-07-01 | 4.25% | US524590AA45 |
| NRG Energy INC | 5.84% | 2029-07-15 | 5.75% | US629377CY66 |
| Excelerate Energy Limited Partnership | 6.50% | 2030-05-15 | 8.00% | US30069UAA60 |
| Amerigas Partners LP / Amerigas Finance Corp | 7.57% | 2030-06-01 | 9.50% | US030981AP92 |
| NRG Energy INC | 5.95% | 2031-02-15 | 3.62% | USU66962AW85 |
| Solaris Energy Infrastructure INC | 6.66% | 2031-05-15 | 6.38% | US83419YAA47 |
| NRG Energy INC | 6.00% | 2032-02-15 | 3.88% | US629377CS98 |
| NRG Energy INC | 5.94% | 2032-02-15 | 3.88% | USU66962AX68 |
| Olympus WTR US Hldg Corp | 7.31% | 2032-08-01 | 6.75% | US46150DAA00 |
| NRG Energy INC | 6.31% | 2033-02-01 | 6.00% | US629377CW01 |
| NRG Energy INC | 6.45% | 2033-02-01 | 6.00% | USU66962BB30 |
| Xplr Infrastructure Operating Partners L.P. | 7.43% | 2033-03-15 | 8.62% | US98380MAB19 |
| AES Corp | 7.32% | 2033-08-03 | 7.75% | USN01014AA24 |
| NRG Energy INC | 6.44% | 2034-01-15 | 5.75% | US629377DC38 |
| Xplr Infrastructure Operating Partners L.P. | 7.03% | 2034-04-15 | 7.75% | USU9841AAA61 |
| Xplr Infrastructure Operating Partners L.P. | 6.97% | 2034-04-15 | 7.75% | US98379YAA01 |
| NRG Energy INC | 6.75% | 2034-11-01 | 6.25% | USU66962BC13 |
| NRG Energy INC | 6.60% | 2036-01-15 | 6.00% | US629377DD11 |
| NRG Energy INC | 6.41% | 2036-01-15 | 6.00% | USU66962BJ65 |
| Talen Energy Supply LLC | 6.93% | 2036-02-01 | 6.50% | US87422VAN82 |
| NRG Energy INC | 6.58% | 2036-05-15 | 6.12% | US629377DG42 |
| NRG Energy INC | 6.50% | 2036-05-15 | 6.12% | USU66962BM94 |