Merck & CO INC Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-healthcare-pharmaceuticals-united-states-merck-co-inc
Merck & CO INC Bond Yields (USD) as of 2026-07-27: 10Y at 5.28%, fitted curve 9M–40Y (4.42%–6.08%), 43 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.42% | — |
| 12M | 4.44% | 4.49% |
| 2Y | 4.57% | 4.70% |
| 3Y | 4.67% | 4.86% |
| 4Y | 4.74% | 4.98% |
| 5Y | 4.83% | 5.16% |
| 6Y | 4.92% | 5.36% |
| 7Y | 5.01% | 5.56% |
| 9Y | 5.19% | 5.85% |
| 10Y | 5.28% | 6.11% |
| 15Y | 5.67% | 6.43% |
| 20Y | 5.89% | 6.55% |
| 25Y | 5.97% | 6.33% |
| 30Y | 5.98% | 6.01% |
| 40Y | 6.08% | 6.36% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.57% and the 10-year 5.28%, a 10Y−2Y spread of +72 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 | 4.57% | 4.31% | 4.31% | 4.02% | 4.14% | 3.71% | 3.78% |
| 10Y | 5.28% | 5.03% | 5.06% | 4.98% | 5.08% | 4.67% | 4.80% |
| 10Y − 2Y | +72 bp | +72 bp | +75 bp | +96 bp | +94 bp | +97 bp | +101 bp |
Bonds in this curve
A selection of 30 of the 43 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Merck & CO INC | 4.43% | 2027-06-10 | 1.70% | US58933YBC84 |
| Merck & CO INC | 4.45% | 2027-09-15 | 3.85% | US58933YBP97 |
| Merck & CO INC | 4.58% | 2028-05-17 | 4.05% | US58933YBH71 |
| Merck & CO INC | 4.49% | 2028-05-22 | 4.30% | US58933YCE32 |
| Merck & CO INC | 4.63% | 2028-12-10 | 1.90% | US58933YBD67 |
| Merck & CO INC | 4.55% | 2029-03-07 | 3.40% | US58933YAX31 |
| Merck & CO INC | 4.64% | 2029-03-15 | 3.85% | US58933YBW49 |
| Merck & CO INC | 4.78% | 2030-05-17 | 4.30% | US58933YBJ38 |
| Merck & CO INC | 4.78% | 2030-06-24 | 1.45% | US58933YAZ88 |
| Merck & CO INC | 4.77% | 2030-09-15 | 4.15% | US58933YBQ70 |
| Merck & CO INC | 4.87% | 2031-03-15 | 4.15% | US58933YBX22 |
| Merck & CO INC | 4.80% | 2031-05-22 | 4.65% | US58933YCK91 |
| Merck & CO INC | 4.89% | 2032-09-15 | 4.55% | US58933YBR53 |
| Merck & CO INC | 5.02% | 2032-12-04 | 4.45% | US58933YBY05 |
| Merck & CO INC | 4.96% | 2033-05-17 | 4.50% | US58933YBK01 |
| Merck & CO INC | 5.04% | 2033-05-22 | 4.95% | US58933YCF07 |
| Merck & CO INC | 5.25% | 2035-09-15 | 4.95% | US58933YBS37 |
| Merck & CO INC | 5.32% | 2035-12-04 | 4.75% | US58933YBZ79 |
| Merck & CO INC | 5.30% | 2036-05-22 | 5.20% | US58933YCG89 |
| Merck & CO INC | 5.27% | 2037-09-15 | 6.55% | US806605AH42 |
| Merck & CO INC | 5.46% | 2039-03-07 | 3.90% | US58933YAV74 |
| Merck & CO INC | 5.57% | 2040-06-24 | 2.35% | US58933YBA29 |
| Merck & CO INC | 5.90% | 2044-05-17 | 4.90% | US58933YBL83 |
| Merck & CO INC | 5.87% | 2045-02-10 | 3.70% | US58933YAT29 |
| Merck & CO INC | 5.97% | 2049-03-07 | 4.00% | US58933YAW57 |
| Merck & CO INC | 5.96% | 2050-06-24 | 2.45% | US58933YBB02 |
| Merck & CO INC | 6.01% | 2055-09-15 | 5.70% | US58933YBT10 |
| Merck & CO INC | 6.01% | 2055-12-04 | 5.55% | US58933YCB92 |
| Merck & CO INC | 6.00% | 2061-12-10 | 2.90% | US58933YBG98 |
| Merck & CO INC | 6.04% | 2063-05-17 | 5.15% | US58933YBN40 |