United States Investment Grade Financial Services (ex Banks) Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/usd-corporate-financial-services-ex-banks-united-states
United States Investment Grade Financial Services (ex Banks) Corporate Bond Yields (USD) as of 2026-10-16: 10Y at 6.47%, fitted curve 1M–40Y (4.91%–6.58%), 716 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.91% | — |
| 3M | 4.96% | 4.98% |
| 6M | 5.03% | 5.22% |
| 9M | 5.10% | 5.38% |
| 12M | 5.17% | 5.38% |
| 18M | 5.30% | 5.66% |
| 2Y | 5.43% | 5.93% |
| 3Y | 5.67% | 6.29% |
| 4Y | 5.88% | 6.68% |
| 5Y | 6.05% | 6.96% |
| 6Y | 6.18% | 7.12% |
| 7Y | 6.28% | 7.20% |
| 8Y | 6.36% | 7.22% |
| 9Y | 6.42% | 7.20% |
| 10Y | 6.47% | 7.15% |
| 15Y | 6.56% | 6.99% |
| 20Y | 6.58% | 6.80% |
| 25Y | 6.58% | 6.72% |
| 30Y | 6.58% | 6.70% |
| 40Y | 6.58% | 6.69% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.43% and the 10-year 6.47%, a 10Y−2Y spread of +103 bp — positively sloped — as of 2026-10-16. 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 | Latest2026-10-16 | 1m ago2026-09-16 | 2m ago2026-08-17 | 3m ago2026-07-17 | 4m ago2026-06-18 | 5m ago2026-05-19 | 6m ago2026-04-20 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.43% | 5.59% | 5.48% | 5.02% | 5.24% | 5.12% | 4.82% |
| 10Y | 6.47% | 6.40% | 6.36% | 6.17% | 5.94% | 6.14% | 5.99% |
| 10Y − 2Y | +103 bp | +81 bp | +88 bp | +115 bp | +70 bp | +102 bp | +117 bp |
Yields by rating group
The same curve split by credit quality: 872 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.82%, A+ to BBB- 6.14%.
Bonds in this curve
A selection of 30 of the 872 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Barings BDC | 7.46% | 2026-11-23 | 3.30% | US06759LAC72 |
| Mastercard | 4.50% | 2026-11-21 | 2.95% | US57636QAG91 |
| Cboe Global Markets INC | 4.83% | 2027-01-12 | 3.65% | US12503MAA62 |
| AIR Lease | 4.87% | 2027-01-15 | 2.20% | US00914AAR32 |
| Amex | 4.66% | 2027-03-04 | 2.55% | US025816CS64 |
| Aviation Capital Group | 4.98% | 2027-04-14 | 4.75% | USU0536PAN43 |
| Main Street Capital Corp | 5.72% | 2027-06-04 | 6.50% | US56035LAJ35 |
| Penske Truck Leasing | 4.91% | 2027-07-01 | 4.40% | USU71000BE98 |
| Bcred | 5.71% | 2027-09-26 | 4.95% | USU0926HAZ39 |
| Aviation Capital Group | 5.28% | 2027-11-01 | 3.50% | USU0536PAA22 |
| Aviation Capital Group | 5.39% | 2028-04-15 | 6.25% | USU0536PAK04 |
| Penske Truck Leasing | 5.32% | 2028-05-01 | 5.55% | USU71000BK58 |
| Penske Truck Leasing | 5.34% | 2028-08-01 | 6.05% | USU71000BN97 |
| Aviation Capital Group | 5.53% | 2028-10-25 | 6.75% | USU0536PAL86 |
| BGC Group | 6.00% | 2029-06-10 | 6.60% | USU2100KAA52 |
| Penske Truck Leasing | 5.55% | 2029-07-01 | 5.25% | USU71000BS84 |
| Penske Truck Leasing | 5.58% | 2030-06-15 | 6.20% | USU71000BM15 |
| Oaktree Strategic Credit Fund | 6.78% | 2030-07-15 | 6.19% | USU6310AAB27 |
| Jefferies | 6.09% | 2031-04-28 | 5.12% | US47233WMK26 |
| Blackstone | 5.60% | 2032-03-30 | 2.55% | USU0925BAG96 |
| Aviation Capital Group | 6.09% | 2033-01-28 | 4.88% | USU0536PAR56 |
| Blackstone | 5.83% | 2033-04-22 | 6.20% | US09261BAK61 |
| Gatx Corp | 5.98% | 2034-05-01 | 6.90% | US361448BN24 |
| S&P Global | 5.76% | 2035-12-04 | 4.80% | USU75091AV73 |
| Mastercard | 5.69% | 2036-06-08 | 5.00% | US57636QBM50 |
| FIS | 6.57% | 2041-03-01 | 3.10% | US31620MBU99 |
| Blackstone | 6.33% | 2044-06-15 | 5.00% | USU09254AC45 |
| Fiserv | 6.23% | 2049-07-01 | 4.40% | US337738AV08 |
| Apollo | 6.63% | 2054-05-21 | 5.80% | US03769MAC01 |
| S&P Global | 6.23% | 2062-03-01 | 3.90% | US78409VBM54 |