US Industrials Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-industrials
US Industrials Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.77%, fitted curve 1M–40Y (4.63%–6.09%), 742 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.63% | — |
| 3M | 4.67% | 4.68% |
| 6M | 4.71% | 4.87% |
| 9M | 4.76% | 4.97% |
| 12M | 4.81% | 4.97% |
| 18M | 4.90% | 5.16% |
| 2Y | 4.99% | 5.35% |
| 3Y | 5.16% | 5.61% |
| 4Y | 5.32% | 5.92% |
| 5Y | 5.45% | 6.15% |
| 6Y | 5.56% | 6.30% |
| 7Y | 5.64% | 6.35% |
| 8Y | 5.70% | 6.33% |
| 9Y | 5.74% | 6.25% |
| 10Y | 5.77% | 6.17% |
| 15Y | 5.91% | 6.52% |
| 20Y | 6.07% | 7.06% |
| 25Y | 6.09% | 6.40% |
| 30Y | 6.09% | 6.23% |
| 40Y | 6.09% | 6.20% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.99% and the 10-year 5.77%, a 10Y−2Y spread of +77 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 | 4.99% | 4.78% | 4.81% | 4.70% | 4.42% | 4.45% | 4.25% |
| 10Y | 5.77% | 5.67% | 5.44% | 5.46% | 5.41% | 5.19% | 5.24% |
| 10Y − 2Y | +77 bp | +89 bp | +63 bp | +76 bp | +99 bp | +75 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 869 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.15%, A+ to BBB- 5.30%, Speculative 6.39%.
Bonds in this curve
A selection of 30 of the 882 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deere & Company | 4.66% | 2026-10-13 | 1.30% | US24422EVW64 |
| Caterpillar | 4.25% | 2026-10-16 | 4.45% | US14913UAN00 |
| Illinois Tool Works INC | 4.27% | 2026-11-15 | 2.65% | US452308AX78 |
| Westinghouse AIR Brake Technologies Corporation | 4.75% | 2026-11-15 | 3.45% | US960386AL46 |
| Honeywell International INC | 4.45% | 2027-03-01 | 1.10% | US438516CE43 |
| Snap-ON INC | 5.17% | 2027-03-01 | 3.25% | US833034AK75 |
| Caterpillar | 4.61% | 2027-05-14 | 5.00% | US14913UAL44 |
| Deere & Company | 4.48% | 2027-06-11 | 4.90% | US24422EXR51 |
| Caterpillar | 4.52% | 2027-08-12 | 3.60% | US14913R3A32 |
| Daimler Truck Finance North America LLC | 4.90% | 2027-08-12 | 4.30% | USU2340BBG15 |
| Deere & Company | 4.61% | 2028-01-06 | 3.05% | US24422EUB37 |
| Deere & Company | 4.61% | 2028-01-07 | 4.65% | US24422EXZ77 |
| Amphenol Corp | 4.81% | 2028-06-12 | 4.38% | US032095AT89 |
| Spirit Aerosystems INC | 5.06% | 2028-06-15 | 4.60% | US85205TAK60 |
| Wrkco INC | 5.08% | 2029-03-15 | 4.90% | US92940PAD69 |
| Trane Technologies Financing LTD | 5.00% | 2029-03-21 | 3.80% | US456873AD03 |
| Stanley Black & Decker INC | 5.24% | 2030-03-15 | 2.30% | US854502AL57 |
| 3M Company | 5.06% | 2030-03-15 | 4.80% | US88579YBQ35 |
| Caterpillar | 5.08% | 2031-03-12 | 1.90% | US149123CK50 |
| Teledyne Technologies INC | 5.41% | 2031-04-01 | 2.75% | US879360AE54 |
| Weyerhaeuser CO | 5.51% | 2032-03-15 | 7.38% | US962166BR41 |
| Eaton Corp | 5.25% | 2033-03-15 | 4.15% | US278062AH73 |
| Standard Building Solutions INC | 6.58% | 2034-03-15 | 5.88% | USU85912AA82 |
| Emerson Electric CO | 5.40% | 2035-03-15 | 5.00% | US291011BT08 |
| Honeywell International INC | 5.50% | 2036-03-15 | 5.70% | US438516AR73 |
| DH Europe Finance II S.a r.L. | 5.81% | 2039-11-15 | 3.25% | US23291KAJ43 |
| Caterpillar | 5.89% | 2044-05-15 | 4.30% | US149123CD18 |
| Trane Technologies Financing LTD | 6.07% | 2049-03-21 | 4.50% | US456873AF50 |
| Carrier Global Corp | 6.12% | 2054-03-15 | 6.20% | USU1453PAQ47 |
| Honeywell International INC | 6.27% | 2064-03-01 | 5.35% | US438516CU84 |