Target Bond Yields (USD)
Fitted spot curve as of 2026-09-25
https://bondscovery.com/yield-curve/usd-corporate-consumer-products-retail-united-states-target
Target Bond Yields (USD) as of 2026-09-25: 10Y at 5.83%, fitted curve 3M–25Y (4.37%–6.18%), 20 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.37% | — |
| 18M | 4.83% | 5.00% |
| 2Y | 4.96% | 5.46% |
| 3Y | 5.14% | 5.60% |
| 4Y | 5.28% | 5.82% |
| 5Y | 5.40% | 6.06% |
| 6Y | 5.51% | 6.26% |
| 8Y | 5.69% | 6.50% |
| 9Y | 5.77% | 6.66% |
| 10Y | 5.83% | 6.73% |
| 15Y | 6.02% | 6.76% |
| 20Y | 6.10% | 6.65% |
| 25Y | 6.18% | 7.11% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.96% and the 10-year 5.83%, a 10Y−2Y spread of +87 bp — positively sloped — as of 2026-09-25. 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 | Latest2026-09-25 | 1m ago2026-08-26 | 2m ago2026-07-27 | 3m ago2026-06-26 | 4m ago2026-05-28 | 5m ago2026-04-28 | 6m ago2026-03-30 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.96% | 4.62% | 4.54% | 4.36% | 4.35% | 4.17% | 4.12% |
| 10Y | 5.83% | 5.33% | 5.32% | 5.07% | 5.18% | 5.08% | 5.14% |
| 10Y − 2Y | +87 bp | +71 bp | +78 bp | +71 bp | +83 bp | +91 bp | +103 bp |
Bonds in this curve
The 20 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Target | 4.39% | 2027-01-15 | 1.95% | US87612EBM75 |
| Target | 5.03% | 2028-06-15 | 4.35% | US87612EBU91 |
| Target | 4.75% | 2028-08-01 | 6.65% | US239753DL70 |
| Target | 5.09% | 2029-04-15 | 3.38% | US87612EBH80 |
| Target | 5.35% | 2030-02-15 | 2.35% | US87612EBJ47 |
| Target | 5.37% | 2030-09-15 | 2.65% | US87612EBK10 |
| Target | 5.56% | 2031-07-15 | 7.00% | US87612EAF34 |
| Target | 5.28% | 2032-09-15 | 4.50% | US87612EBP07 |
| Target | 5.47% | 2032-11-01 | 6.35% | US87612EAK29 |
| Target | 5.47% | 2033-01-15 | 4.40% | US87612EBQ89 |
| Target | 5.68% | 2034-09-15 | 4.50% | US87612EBS46 |
| Target | 5.74% | 2035-04-15 | 5.00% | US87612EBT29 |
| Target | 5.76% | 2036-02-15 | 5.25% | US87612EBV74 |
| Target | 5.95% | 2037-10-15 | 6.50% | US87612EAR71 |
| Target | 5.70% | 2038-01-15 | 7.00% | US87612EAU01 |
| Target | 6.20% | 2042-07-01 | 4.00% | US87612EBA38 |
| Target | 6.05% | 2046-04-15 | 3.62% | US87612EBF25 |
| Target | 6.07% | 2047-11-15 | 3.90% | US87612EBG08 |
| Target | 6.20% | 2052-01-15 | 2.95% | US87612EBN58 |
| Target | 6.19% | 2053-01-15 | 4.80% | US87612EBR62 |