Canada A–BBB Joint Guarantee Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-joint-guarantee-a-bbb-canada
Canada A–BBB Joint Guarantee Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.74%, fitted curve 3M–30Y (4.66%–6.45%), 35 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.66% | — |
| 2Y | 4.88% | 4.91% |
| 3Y | 5.00% | 5.25% |
| 4Y | 5.13% | 5.49% |
| 5Y | 5.24% | 5.72% |
| 6Y | 5.36% | 5.92% |
| 7Y | 5.46% | 6.10% |
| 8Y | 5.56% | 6.25% |
| 9Y | 5.65% | 6.38% |
| 10Y | 5.74% | 6.48% |
| 15Y | 6.03% | 6.63% |
| 20Y | 6.18% | 6.64% |
| 25Y | 6.31% | 6.80% |
| 30Y | 6.45% | 7.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.88% and the 10-year 5.74%, a 10Y−2Y spread of +85 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 | 4.88% | 4.63% | 4.59% | 4.44% | 4.56% | 4.08% | 4.17% |
| 10Y | 5.74% | 5.38% | 5.37% | 5.30% | 5.45% | 5.10% | 5.02% |
| 10Y − 2Y | +85 bp | +75 bp | +78 bp | +86 bp | +89 bp | +101 bp | +85 bp |
Bonds in this curve
A selection of 30 of the 37 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Canadian Pacific Railway | 4.66% | 2026-12-02 | 1.75% | US13645RBE36 |
| Canadian Pacific Railway | 4.86% | 2028-06-01 | 4.00% | US13645RAY09 |
| Enbridge INC | 4.91% | 2028-06-20 | 4.60% | US29250NCH61 |
| Enbridge INC | 4.91% | 2028-11-20 | 4.20% | US29250NCM56 |
| Brookfield Corporation | 5.10% | 2029-03-29 | 4.85% | US11271LAD47 |
| Canadian Pacific Railway | 4.88% | 2030-03-30 | 4.80% | US13645RBJ23 |
| Brookfield Corporation | 5.17% | 2030-04-15 | 4.35% | US11271LAE20 |
| Enbridge INC | 4.98% | 2030-06-20 | 4.90% | US29250NCJ28 |
| Enbridge INC | 5.12% | 2031-02-15 | 4.50% | US29250NCN30 |
| Emera US Finance LP | 5.24% | 2031-06-15 | 2.64% | US29103DAT37 |
| Canadian Pacific Railway | 5.01% | 2031-12-02 | 2.45% | US13645RBF01 |
| Bell Canada | 5.10% | 2032-02-15 | 2.15% | US0778FPAG48 |
| Windfall Mining Group INC | 5.50% | 2032-05-13 | 5.85% | US973244AA44 |
| Bell Canada | 5.40% | 2033-05-11 | 5.10% | US0778FPAL33 |
| Kinross Gold Corporation | 5.46% | 2033-07-15 | 6.25% | US496902AT48 |
| Brookfield Corporation | 5.65% | 2034-01-05 | 6.35% | US11271LAK89 |
| Bell Canada | 5.50% | 2034-02-15 | 5.20% | US0778FPAM16 |
| Canadian Pacific Railway | 5.28% | 2035-03-30 | 5.20% | US13645RBK95 |
| Enbridge INC | 5.57% | 2035-06-20 | 5.55% | US29250NCK90 |
| Enbridge INC | 5.57% | 2035-11-20 | 5.20% | US29250NCP87 |
| Bell Canada | 5.87% | 2036-11-15 | 5.45% | US0778FPAS85 |
| Barrick Mining Corporation | 5.75% | 2038-09-15 | 7.50% | US06849RAC60 |
| Barrick Mining Corporation | 5.86% | 2039-10-15 | 5.95% | US06849UAD72 |
| Teck Resources Limited | 6.29% | 2040-08-15 | 6.00% | US878742AS42 |
| Canadian Pacific Railway | 5.84% | 2041-12-02 | 3.00% | US13645RBG83 |
| Bell Canada | 6.13% | 2048-04-01 | 4.46% | US0778FPAA77 |
| Bell Canada | 6.11% | 2049-07-29 | 4.30% | US0778FPAB50 |
| Brookfield Corporation | 6.30% | 2050-04-15 | 3.45% | US11271RAB50 |
| Bell Canada | 6.30% | 2054-02-15 | 5.55% | US0778FPAN98 |
| Brookfield Corporation | 6.63% | 2055-03-15 | 6.75% | US11276BAA70 |