US High Yield (BB–D) Joint Guarantee Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-joint-guarantee-bb-d-callable
US High Yield (BB–D) Joint Guarantee Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 7.17%, fitted curve 1M–30Y (5.54%–7.17%), 212 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.54% | — |
| 3M | 5.57% | 5.59% |
| 6M | 5.62% | 5.67% |
| 9M | 5.68% | 5.79% |
| 12M | 5.75% | 5.95% |
| 18M | 5.92% | 6.25% |
| 2Y | 6.12% | 6.74% |
| 3Y | 6.56% | 7.44% |
| 4Y | 6.88% | 7.86% |
| 5Y | 7.05% | 7.73% |
| 6Y | 7.13% | 7.49% |
| 7Y | 7.15% | 7.32% |
| 8Y | 7.16% | 7.24% |
| 9Y | 7.17% | 7.20% |
| 10Y | 7.17% | 7.18% |
| 15Y | 7.17% | 7.17% |
| 20Y | 7.16% | 7.13% |
| 25Y | 7.04% | 6.57% |
| 30Y | 6.72% | 5.15% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.12% and the 10-year 7.17%, a 10Y−2Y spread of +105 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 | 6.12% | 6.44% | 6.01% | 5.93% | 6.31% | 5.38% | 5.44% |
| 10Y | 7.17% | 6.98% | 7.03% | 7.13% | 7.41% | 6.87% | 6.96% |
| 10Y − 2Y | +105 bp | +54 bp | +101 bp | +120 bp | +110 bp | +149 bp | +152 bp |
Bonds in this curve
A selection of 30 of the 293 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Sasol Financing USA LLC | 4.69% | 2026-09-18 | 4.38% | US80386WAC91 |
| Iqvia INC | 7.13% | 2026-10-15 | 5.00% | USU45049AF79 |
| Iqvia INC | 5.27% | 2026-10-15 | 5.00% | US449934AD05 |
| Bausch Health Companies INC | 8.59% | 2027-01-31 | 8.50% | US91911XAW48 |
| Warner Media LLC | 8.77% | 2027-02-15 | 3.80% | US887317BB04 |
| Nustar Logistics LP | 5.48% | 2027-04-28 | 5.62% | US67059TAE55 |
| Teva Pharmaceutical Industries LTD | 5.28% | 2027-05-09 | 4.75% | US88167AAP66 |
| Graphic Packaging International LLC | 5.33% | 2027-07-15 | 4.75% | US38869AAA51 |
| MPT Operating Partnership LP / MPT Finance Corp | 8.22% | 2027-10-15 | 5.00% | US55342UAH77 |
| Rede D'or Finance S.A.R.L. | 6.05% | 2028-01-17 | 4.95% | USL7915RAA43 |
| American Airlines INC | 6.92% | 2028-02-15 | 7.25% | US023771T329 |
| Frontera Energy Corp | 8.36% | 2028-06-21 | 7.88% | USC35898AB82 |
| Greenko Energy Holdings | 6.85% | 2028-09-27 | 7.25% | USV3856JAB99 |
| United Airlines Holdings INC | 5.65% | 2029-03-01 | 4.88% | US910047AM17 |
| Klabin Austria Gmbh | 5.49% | 2029-04-03 | 5.75% | USA35155AA77 |
| Nabors Industries LTD | 7.64% | 2030-01-31 | 9.12% | USU6295YAN32 |
| Grupo Aval LTD | 6.68% | 2030-02-04 | 4.38% | USG42045AC15 |
| Movida Europe S.A. | 11.01% | 2031-02-08 | 5.25% | USL65266AA36 |
| Tupy Overseas SA | 9.44% | 2031-02-16 | 4.50% | USL9326VAB29 |
| CT Trust | 6.41% | 2032-02-03 | 5.12% | USG2588BAA29 |
| ZF Friedrichshafen AG | 7.51% | 2032-04-23 | 6.88% | USU98737AJ55 |
| Sasol Financing USA LLC | 7.92% | 2033-04-10 | 8.75% | US80386WAG06 |
| Sasol Financing USA LLC | 7.90% | 2033-04-10 | 8.75% | USU8035UAD47 |
| Xplr Infrastructure Operating Partners L.P. | 6.94% | 2034-04-15 | 7.75% | USU9841AAA61 |
| Rede D'or Finance S.A.R.L. | 6.93% | 2035-09-09 | 6.45% | USL7915TAC64 |
| Telecom Italia | 6.09% | 2036-07-18 | 7.20% | US87927VAR96 |
| Petroleo Brasileiro S.A. | 6.82% | 2040-01-20 | 6.88% | US71645WAQ42 |
| Warner Media LLC | 10.83% | 2044-06-01 | 4.65% | US887317AU93 |
| Petroleo Brasileiro S.A. | 7.22% | 2049-03-19 | 6.90% | US71647NBD03 |
| Eushi Finance INC | 7.32% | 2054-12-15 | 7.62% | US29882DAB91 |