Canada Joint Guarantee Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-joint-guarantee-canada-callable
Canada Joint Guarantee Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.83%, fitted curve 1M–30Y (4.34%–6.19%), 51 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.34% | — |
| 3M | 4.37% | 4.39% |
| 6M | 4.42% | 4.48% |
| 9M | 4.48% | 4.58% |
| 12M | 4.53% | 4.68% |
| 2Y | 4.73% | 4.94% |
| 3Y | 4.93% | 5.31% |
| 4Y | 5.11% | 5.65% |
| 5Y | 5.27% | 5.93% |
| 6Y | 5.42% | 6.15% |
| 7Y | 5.54% | 6.32% |
| 8Y | 5.66% | 6.44% |
| 9Y | 5.75% | 6.51% |
| 10Y | 5.83% | 6.55% |
| 15Y | 6.07% | 6.54% |
| 20Y | 6.15% | 6.40% |
| 25Y | 6.18% | 6.29% |
| 30Y | 6.19% | 6.23% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.73% and the 10-year 5.83%, a 10Y−2Y spread of +110 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 | 4.73% | 4.53% | 4.36% | 4.35% | 4.34% | 3.98% | 3.99% |
| 10Y | 5.83% | 5.37% | 5.44% | 5.37% | 5.61% | 5.11% | 5.06% |
| 10Y − 2Y | +110 bp | +84 bp | +108 bp | +102 bp | +127 bp | +113 bp | +107 bp |
Yields by rating group
The same curve split by credit quality: 61 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.32%, A+ to BBB- 5.57%, Speculative 7.02%.
Bonds in this curve
A selection of 30 of the 62 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Ontario Teachers Finance Trust | 3.98% | 2026-09-21 | 0.88% | US68329AAK43 |
| Canadian Pacific Railway | 4.66% | 2026-12-02 | 1.75% | US13645RBE36 |
| Bausch Health Companies INC | 8.59% | 2027-01-31 | 8.50% | US91911XAW48 |
| Ontario Teachers Finance Trust | 4.14% | 2027-04-13 | 3.00% | US68329AAL26 |
| Ontario Teachers Finance Trust | 4.14% | 2027-04-13 | 3.00% | USC69798AQ69 |
| Cppib Capital INC | 4.38% | 2027-10-08 | 3.75% | US22411WBC91 |
| Canadian Pacific Railway | 4.86% | 2028-06-01 | 4.00% | US13645RAY09 |
| Enbridge INC | 4.91% | 2028-06-20 | 4.60% | US29250NCH61 |
| Brookfield Corporation | 5.10% | 2029-03-29 | 4.85% | US11271LAD47 |
| Ivanhoe Mines LTD | 7.66% | 2030-01-23 | 7.88% | US46579RAE45 |
| Canadian Pacific Railway | 4.88% | 2030-03-30 | 4.80% | US13645RBJ23 |
| Brookfield Corporation | 5.17% | 2030-04-15 | 4.35% | US11271LAE20 |
| Enbridge INC | 5.12% | 2031-02-15 | 4.50% | US29250NCN30 |
| 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 |
| 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 |
| 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 |
| 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 |