United Kingdom Callable Consumer Products & Retail Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-consumer-products-retail-united-kingdom-callable
United Kingdom Callable Consumer Products & Retail Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.96%, fitted curve 1M–30Y (4.61%–6.54%), 80 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.61% | — |
| 3M | 4.64% | 4.65% |
| 6M | 4.68% | 4.83% |
| 9M | 4.72% | 4.91% |
| 12M | 4.76% | 4.91% |
| 18M | 4.85% | 5.08% |
| 2Y | 4.93% | 5.25% |
| 3Y | 5.09% | 5.51% |
| 4Y | 5.24% | 5.84% |
| 5Y | 5.39% | 6.15% |
| 6Y | 5.52% | 6.43% |
| 7Y | 5.65% | 6.69% |
| 8Y | 5.76% | 6.91% |
| 9Y | 5.86% | 7.09% |
| 10Y | 5.96% | 7.25% |
| 15Y | 6.28% | 7.51% |
| 20Y | 6.44% | 7.57% |
| 25Y | 6.51% | 7.39% |
| 30Y | 6.54% | 7.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.93% and the 10-year 5.96%, a 10Y−2Y spread of +103 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 | 4.93% | 4.78% | 4.68% | 4.65% | 4.53% | 4.45% | 4.30% |
| 10Y | 5.96% | 5.77% | 5.61% | 5.60% | 5.56% | 5.46% | 5.36% |
| 10Y − 2Y | +103 bp | +99 bp | +94 bp | +96 bp | +103 bp | +101 bp | +106 bp |
Yields by rating group
The same curve split by credit quality: 86 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.42%, Speculative 9.01%.
Bonds in this curve
A selection of 30 of the 86 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Diageo Capital PLC | 4.62% | 2026-10-05 | 5.38% | US25243YBK47 |
| Coca-Cola Europacific Partners PLC | 4.49% | 2027-01-15 | 1.50% | US19123MAF05 |
| Coca-Cola Europacific Partners PLC | 5.47% | 2027-01-15 | 1.50% | USG25839PT55 |
| British American Tobacco plc | 4.57% | 2027-04-02 | 4.70% | US05526DBP96 |
| Unilever PLC | 4.32% | 2027-05-05 | 2.90% | US904764AY33 |
| Reckitt Benckiser Treasury Services PLC | 4.53% | 2027-06-26 | 3.00% | US75625QAE98 |
| Imperial Brands Finance PLC | 5.01% | 2027-07-27 | 6.12% | USG471ABWD89 |
| Unilever PLC | 4.27% | 2027-08-12 | 4.25% | US904764BU02 |
| British American Tobacco plc | 4.90% | 2028-03-16 | 4.45% | US05530QAP54 |
| Unilever PLC | 4.67% | 2028-03-22 | 3.50% | US904764BC04 |
| Imperial Brands Finance PLC | 5.16% | 2028-06-30 | 4.50% | USG471ABR287 |
| Carnival Corp | 5.39% | 2028-08-01 | 4.00% | US143658BQ44 |
| Carnival Corp | 5.59% | 2029-05-01 | 5.12% | US143658CB65 |
| Carnival Corp | 5.59% | 2029-05-01 | 5.12% | USP2121VAW48 |
| Carnival Corp | 5.80% | 2030-03-15 | 5.75% | US143658BY77 |
| Carnival Corp | 5.59% | 2030-03-15 | 5.75% | USP2121VAT19 |
| British American Tobacco plc | 5.27% | 2031-03-25 | 2.73% | US05526DBS36 |
| Carnival Corp | 6.03% | 2031-06-15 | 5.88% | US143658BZ43 |
| British American Tobacco plc | 5.33% | 2032-03-16 | 4.74% | US05526DBW48 |
| Diageo Capital PLC | 5.36% | 2032-04-29 | 2.12% | US25243YBE86 |
| British American Tobacco plc | 5.63% | 2033-03-22 | 4.62% | US054989AF54 |
| British American Tobacco plc | 5.58% | 2033-08-02 | 6.42% | US054989AB41 |
| Unilever PLC | 5.29% | 2034-08-12 | 4.62% | US904764BV84 |
| Imperial Brands Finance PLC | 5.99% | 2035-07-01 | 5.62% | USG471ABR360 |
| British American Tobacco plc | 5.65% | 2035-08-15 | 5.62% | US05526DCC74 |
| British American Tobacco plc | 5.87% | 2036-08-05 | 5.55% | US054989AH11 |
| British American Tobacco plc | 6.22% | 2040-09-25 | 3.73% | US05526DBT19 |
| British American Tobacco plc | 6.45% | 2047-08-15 | 4.54% | US05526DBF15 |
| British American Tobacco plc | 6.52% | 2049-09-06 | 4.76% | US05526DBK00 |
| Imperial Brands Finance PLC | 6.67% | 2055-07-01 | 6.38% | USG471ABR444 |