US AAA–AA Joint Guarantee Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-joint-guarantee-aaa-aa-callable
US AAA–AA Joint Guarantee Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.30%, fitted curve 1M–40Y (4.28%–6.01%), 153 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.28% | — |
| 6M | 4.33% | 4.34% |
| 9M | 4.36% | 4.42% |
| 12M | 4.39% | 4.48% |
| 18M | 4.45% | 4.56% |
| 2Y | 4.50% | 4.68% |
| 3Y | 4.62% | 4.85% |
| 4Y | 4.73% | 5.07% |
| 5Y | 4.84% | 5.27% |
| 6Y | 4.94% | 5.46% |
| 7Y | 5.04% | 5.64% |
| 8Y | 5.14% | 5.79% |
| 9Y | 5.22% | 5.92% |
| 10Y | 5.30% | 6.04% |
| 15Y | 5.64% | 6.30% |
| 20Y | 5.89% | 6.64% |
| 25Y | 5.84% | 5.68% |
| 30Y | 5.94% | 6.43% |
| 40Y | 6.01% | 6.22% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.50% and the 10-year 5.30%, a 10Y−2Y spread of +80 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 | 4.50% | 4.31% | 4.26% | 4.06% | 4.12% | 3.75% | 3.80% |
| 10Y | 5.30% | 4.99% | 5.07% | 4.91% | 5.05% | 4.65% | 4.74% |
| 10Y − 2Y | +80 bp | +68 bp | +81 bp | +85 bp | +93 bp | +89 bp | +94 bp |
Bonds in this curve
A selection of 30 of the 177 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Siemens AG | 3.91% | 2026-08-17 | 6.12% | US826200AD92 |
| Ontario Teachers Finance Trust | 3.98% | 2026-09-21 | 0.88% | US68329AAK43 |
| Nestle SA | 4.39% | 2027-01-14 | 1.15% | USU74078CK74 |
| Roche Holding AG | 4.56% | 2027-01-28 | 2.38% | USU75000BL90 |
| Siemens AG | 4.28% | 2027-03-16 | 3.40% | USN82008AU28 |
| Equinor ASA | 4.37% | 2027-04-06 | 3.00% | US29446MAE21 |
| Chevron USA INC | 4.37% | 2027-08-12 | 1.02% | US166756AL00 |
| Chevron USA INC | 4.47% | 2027-08-13 | 3.95% | US166756BG06 |
| Chevron USA INC | 4.53% | 2028-02-26 | 4.47% | US166756BB19 |
| Siemens AG | 4.54% | 2028-03-11 | 1.70% | USN82008AZ15 |
| Chevron USA INC | 4.56% | 2028-08-13 | 4.05% | US166756BH88 |
| Equinor ASA | 4.51% | 2028-09-10 | 3.62% | US29446MAB81 |
| Totalenergies SE | 4.61% | 2029-02-19 | 3.46% | US89153VAQ23 |
| Roche Holding AG | 4.66% | 2029-03-08 | 4.79% | USU75000CJ36 |
| Berkshire Hathaway | 4.67% | 2030-03-12 | 1.85% | US084664CU37 |
| Equinor ASA | 4.78% | 2030-04-06 | 3.12% | US29446MAF95 |
| Roche Holding AG | 4.82% | 2031-03-08 | 4.91% | USU75000CK09 |
| Siemens AG | 4.83% | 2031-03-11 | 2.15% | USN82008BA54 |
| Chevron USA INC | 4.85% | 2032-04-15 | 4.82% | US166756BE57 |
| Tsmc Arizona Corp | 4.98% | 2032-04-22 | 4.25% | US872898AH40 |
| Novartis | 5.03% | 2033-03-18 | 4.60% | US66989HBH03 |
| Nestle SA | 4.94% | 2033-09-12 | 5.00% | US641062BN32 |
| Roche Holding AG | 5.12% | 2034-03-08 | 4.99% | USU75000CL81 |
| Chevron USA INC | 5.09% | 2035-04-15 | 4.98% | US166756BF23 |
| Novartis | 5.23% | 2036-03-18 | 4.90% | US66989HBJ68 |
| Berkshire Hathaway | 5.30% | 2040-01-15 | 5.75% | US084664BL47 |
| Novartis | 5.79% | 2044-05-06 | 4.40% | US66989HAH12 |
| Totalenergies SE | 6.04% | 2049-07-12 | 3.46% | US89153VAU35 |
| Roche Holding AG | 5.81% | 2054-03-08 | 5.22% | USU75000CM64 |
| Totalenergies SE | 6.14% | 2064-04-05 | 5.64% | US89157XAC56 |