US Joint Guarantee Aerospace & Defense Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-joint-guarantee-aerospace-defense
US Joint Guarantee Aerospace & Defense Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.71%, fitted curve 9M–40Y (4.77%–6.12%), 38 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.77% | — |
| 12M | 4.78% | 4.82% |
| 18M | 4.81% | 4.87% |
| 3Y | 4.92% | 5.03% |
| 4Y | 5.02% | 5.30% |
| 5Y | 5.13% | 5.57% |
| 6Y | 5.25% | 5.85% |
| 7Y | 5.37% | 6.13% |
| 10Y | 5.71% | 6.50% |
| 20Y | 6.05% | 6.38% |
| 25Y | 6.11% | 6.35% |
| 30Y | 6.12% | 6.20% |
| 40Y | 6.12% | 6.12% |
2Y, 10Y and the 10Y−2Y spread over time
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 |
|---|---|---|---|---|---|
| 2Y | — | — | 4.63% | 4.43% | 4.50% |
| 10Y | 5.71% | 5.39% | 5.50% | 5.39% | 5.61% |
| 10Y − 2Y | — | — | +87 bp | +96 bp | +112 bp |
Yields by rating group
The same curve split by credit quality: 42 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.19%, Speculative 6.60%.
Bonds in this curve
A selection of 30 of the 42 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| GE Aerospace | 4.53% | 2027-05-15 | 4.05% | US36166NAH61 |
| BAE Systems PLC | 4.49% | 2027-07-01 | 7.50% | US11041RAL24 |
| Rolls-Royce PLC | 4.92% | 2027-10-15 | 5.75% | USG76237AC37 |
| Rolls-Royce PLC | 4.89% | 2027-10-15 | 5.75% | US77578JAC27 |
| GE Aerospace | 4.95% | 2027-11-15 | 5.65% | US36267VAE39 |
| GE Aerospace | 4.71% | 2027-11-15 | 5.65% | US36267VAF04 |
| Honeywell Aerospace INC | 4.77% | 2028-03-16 | 3.90% | USU43781AA89 |
| Leidos INC | 5.09% | 2029-03-15 | 4.10% | US52532XAM74 |
| Honeywell Aerospace INC | 4.83% | 2029-03-16 | 4.00% | USU43781AC46 |
| Honeywell Aerospace INC | 4.77% | 2029-03-16 | 4.00% | US43849RAC97 |
| GE Aerospace | 5.04% | 2030-03-15 | 5.86% | US36267VAH69 |
| GE Aerospace | 5.14% | 2030-05-15 | 4.40% | US36166NAJ28 |
| Leidos INC | 5.10% | 2031-02-15 | 2.30% | US52532XAG07 |
| Honeywell Aerospace INC | 5.00% | 2031-03-16 | 4.30% | USU43781AE02 |
| Honeywell Aerospace INC | 4.97% | 2031-03-16 | 4.30% | US43849RAE53 |
| GE Aerospace | 4.88% | 2032-05-15 | 4.55% | US36166NAK90 |
| Amentum Escrow Corp | 6.68% | 2032-08-01 | 7.25% | US02352BAA35 |
| GE Aerospace | 5.25% | 2032-11-22 | 5.91% | US36267VAJ26 |
| Leidos INC | 5.47% | 2033-03-15 | 5.75% | US52532XAJ46 |
| Honeywell Aerospace INC | 5.17% | 2033-03-16 | 4.60% | USU43781AF76 |
| Leidos INC | 5.74% | 2036-03-15 | 5.00% | US52532XAN57 |
| Honeywell Aerospace INC | 5.42% | 2036-03-16 | 4.95% | USU43781AG59 |
| BAE Systems PLC | 6.00% | 2044-10-07 | 4.75% | USU05632AH41 |
| Honeywell Aerospace INC | 5.94% | 2046-03-16 | 5.62% | USU43781AH33 |
| GE Aerospace | 6.20% | 2052-11-22 | 6.38% | US36267VAL71 |
| GE Aerospace | 6.20% | 2052-11-22 | 6.38% | USU3644QAF29 |
| Honeywell Aerospace INC | 6.02% | 2056-03-16 | 5.73% | USU43781AJ98 |
| Honeywell Aerospace INC | 6.04% | 2056-03-16 | 5.73% | US43849RAJ41 |
| Honeywell Aerospace INC | 6.13% | 2066-03-16 | 5.85% | USU43781AK61 |
| Honeywell Aerospace INC | 6.06% | 2066-03-16 | 5.85% | US43849RAK14 |