Novartis Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-healthcare-pharmaceuticals-switzerland-novartis
Novartis Bond Yields (USD) as of 2026-09-10: 10Y at 5.51%, fitted curve 6M–30Y (4.64%–6.03%), 23 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.64% | — |
| 9M | 4.66% | 4.80% |
| 2Y | 4.80% | 4.94% |
| 3Y | 4.91% | 5.20% |
| 4Y | 5.01% | 5.42% |
| 5Y | 5.11% | 5.63% |
| 6Y | 5.20% | 5.83% |
| 7Y | 5.29% | 6.02% |
| 8Y | 5.37% | 6.18% |
| 9Y | 5.44% | 6.33% |
| 10Y | 5.51% | 6.46% |
| 15Y | 5.77% | 6.71% |
| 20Y | 5.92% | 6.87% |
| 25Y | 5.99% | 6.80% |
| 30Y | 6.03% | 6.67% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.80% and the 10-year 5.51%, a 10Y−2Y spread of +71 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.80% | 4.51% | 4.49% | 4.44% | 4.18% | — | — |
| 10Y | 5.51% | 5.32% | 5.17% | 5.12% | 5.03% | 4.87% | 4.82% |
| 10Y − 2Y | +71 bp | +82 bp | +68 bp | +68 bp | +84 bp | — | — |
Bonds in this curve
The 23 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novartis | 4.34% | 2027-02-14 | 2.00% | US66989HAQ11 |
| Novartis | 4.79% | 2027-05-17 | 3.10% | US66989HAN89 |
| Novartis | 4.83% | 2028-11-05 | 3.90% | US66989HAX61 |
| Novartis | 4.85% | 2029-03-16 | 4.10% | US66989HBF47 |
| Novartis | 4.83% | 2029-09-18 | 3.80% | US66989HAT59 |
| Novartis | 5.11% | 2030-08-14 | 2.20% | US66989HAR93 |
| Novartis | 5.03% | 2030-11-05 | 4.10% | US66989HAY45 |
| Novartis | 5.12% | 2031-03-18 | 4.40% | US66989HBG20 |
| Novartis | 5.11% | 2031-09-18 | 4.00% | US66989HAU23 |
| Novartis | 5.25% | 2032-11-05 | 4.30% | US66989HAZ10 |
| Novartis | 5.20% | 2033-03-18 | 4.60% | US66989HBH03 |
| Novartis | 5.31% | 2034-09-18 | 4.20% | US66989HAV06 |
| Novartis | 5.38% | 2035-11-05 | 4.60% | US66989HBA59 |
| Novartis | 5.52% | 2036-03-18 | 4.90% | US66989HBJ68 |
| Novartis | 5.77% | 2042-09-21 | 3.70% | US66989HAF55 |
| Novartis | 5.90% | 2044-05-06 | 4.40% | US66989HAH12 |
| Novartis | 5.96% | 2045-11-05 | 5.20% | US66989HBB33 |
| Novartis | 5.89% | 2045-11-20 | 4.00% | US66989HAK41 |
| Novartis | 5.95% | 2046-03-18 | 5.60% | US66989HBK32 |
| Novartis | 5.94% | 2050-08-14 | 2.75% | US66989HAS76 |
| Novartis | 6.02% | 2054-09-18 | 4.70% | US66989HAW88 |
| Novartis | 6.00% | 2055-11-05 | 5.30% | US66989HBC16 |
| Novartis | 6.01% | 2056-03-18 | 5.70% | US66989HBL15 |