US Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-callable
US Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.68%, fitted curve 1M–40Y (4.55%–6.25%), 14946 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.55% | — |
| 3M | 4.58% | 4.60% |
| 6M | 4.64% | 4.69% |
| 9M | 4.70% | 4.83% |
| 12M | 4.77% | 4.96% |
| 18M | 4.87% | 5.09% |
| 2Y | 4.95% | 5.17% |
| 3Y | 5.06% | 5.29% |
| 4Y | 5.17% | 5.48% |
| 5Y | 5.27% | 5.67% |
| 6Y | 5.36% | 5.84% |
| 7Y | 5.45% | 5.99% |
| 8Y | 5.54% | 6.12% |
| 9Y | 5.61% | 6.24% |
| 10Y | 5.68% | 6.33% |
| 15Y | 5.95% | 6.49% |
| 20Y | 6.10% | 6.56% |
| 25Y | 6.18% | 6.50% |
| 30Y | 6.22% | 6.42% |
| 40Y | 6.25% | 6.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.95% and the 10-year 5.68%, a 10Y−2Y spread of +74 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 | 4.95% | 4.74% | 4.78% | 4.66% | 4.71% | 4.24% | 4.29% |
| 10Y | 5.68% | 5.39% | 5.53% | 5.40% | 5.52% | 5.05% | 5.23% |
| 10Y − 2Y | +74 bp | +65 bp | +75 bp | +75 bp | +81 bp | +80 bp | +95 bp |
Yields by rating group
The same curve split by credit quality: 20077 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.10%, A+ to BBB- 5.39%, Speculative 6.78%.
Bonds in this curve
A selection of 30 of the 20224 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Duke Energy Corporation | 3.94% | 2026-09-01 | 2.65% | US26441CAS44 |
| Entergy Corporation | 4.67% | 2026-09-01 | 2.95% | US29364GAJ22 |
| Boston Properties LP | 4.74% | 2026-10-01 | 2.75% | US10112RAY09 |
| Teva Pharmaceutical Industries LTD | 4.53% | 2026-10-01 | 3.15% | US88167AAE10 |
| Icbcil Finance Co. Limited | 4.50% | 2027-01-27 | 2.70% | XS2431451041 |
| MGM China Holdings LTD | 5.15% | 2027-02-01 | 4.75% | USG60744AG74 |
| Goodyear Tire & Rubber CO | 5.46% | 2027-03-15 | 4.88% | US382550BG56 |
| China Cinda 2020 I Management Limited | 4.77% | 2027-03-18 | 3.00% | XS2133246590 |
| Bocom Leasing Management Hong Kong Company Limited | 4.79% | 2027-06-26 | 5.00% | XS2849237230 |
| Cscec Finance (Cayman) II Limited | 4.73% | 2027-07-05 | 3.50% | XS1634368259 |
| China State Construction Finance (Cayman) I Limited | 4.93% | 2027-11-29 | 3.88% | XS1721386917 |
| Cgnpc International LTD | 4.65% | 2027-12-11 | 3.75% | XS1733841735 |
| China National Offshore Oil Corporation (Cnooc Group) | 4.59% | 2028-05-02 | 4.38% | US12634MAE03 |
| Sands China LTD | 5.13% | 2028-08-08 | 5.40% | US80007RAE53 |
| China Cinda Finance (2017) I Limited | 4.81% | 2029-02-21 | 4.75% | XS1948752826 |
| Sands China LTD | 5.17% | 2029-03-08 | 2.85% | US80007RAQ83 |
| Swire Pacific MTN Financing (HK) Limited | 4.60% | 2030-01-30 | 2.88% | XS2043949200 |
| Cfamc IV CO., LTD. | 5.11% | 2030-02-24 | 3.38% | XS2122990810 |
| Transocean INC | 7.10% | 2031-04-15 | 7.50% | US893830AF64 |
| Tencent Holdings LTD | 4.62% | 2031-04-22 | 2.88% | US88032XBA19 |
| Citic LTD | 5.16% | 2032-02-17 | 3.50% | XS2439108387 |
| Shanghai Commercial Bank Limited | 5.43% | 2033-02-28 | 6.38% | XS2531672892 |
| Telecom Italia | 5.86% | 2034-09-30 | 6.00% | US87927VAM00 |
| AT&T INC | 5.59% | 2035-05-15 | 4.50% | US00206RCP55 |
| Teva Pharmaceutical Industries LTD | 5.68% | 2036-02-01 | 6.15% | US88163VAD10 |
| Petroleo Brasileiro S.A. | 6.83% | 2041-01-27 | 6.75% | US71645WAS08 |
| Petroleo Brasileiro S.A. | 7.16% | 2044-03-17 | 7.25% | US71647NAK54 |
| Ecopetrol SA | 7.93% | 2051-11-02 | 5.88% | US279158AQ26 |
| AIA Group LTD | 5.97% | 2054-09-30 | 5.40% | US00131MAS26 |
| Apple INC | 5.94% | 2061-08-05 | 2.85% | US037833EL06 |