Canada Callable Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-metals-mining-canada-callable
Canada Callable Metals & Mining Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.06%, fitted curve 18M–15Y (6.02%–6.60%), 40 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 18M | 6.60% | — |
| 2Y | 6.60% | 6.60% |
| 3Y | 6.60% | 6.59% |
| 4Y | 6.59% | 6.55% |
| 5Y | 6.56% | 6.44% |
| 6Y | 6.49% | 6.15% |
| 7Y | 6.37% | 5.65% |
| 8Y | 6.23% | 5.23% |
| 9Y | 6.12% | 5.25% |
| 10Y | 6.06% | 5.54% |
| 15Y | 6.02% | 5.94% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.60% and the 10-year 6.06%, a 10Y−2Y spread of -54 bp — inverted — 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 | 6.60% | 6.47% | 6.72% | 6.66% | — | — | 6.52% |
| 10Y | 6.06% | 5.87% | 5.89% | 5.79% | 6.26% | 5.66% | 5.40% |
| 10Y − 2Y | -54 bp | -60 bp | -83 bp | -87 bp | — | — | -112 bp |
Yields by rating group
The same curve split by credit quality: 50 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.70%, Speculative 6.89%.
Bonds in this curve
A selection of 30 of the 50 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Yamana Gold INC | 4.69% | 2027-12-15 | 4.62% | US98462YAD22 |
| Iamgold Corp | 6.79% | 2028-10-15 | 5.75% | USC4535AAC48 |
| Iamgold Corp | 6.00% | 2028-10-15 | 5.75% | US450913AF55 |
| Hudbay Minerals INC | 5.89% | 2029-04-01 | 6.12% | USC4R803AG10 |
| Eldorado Gold Corp | 6.44% | 2029-09-01 | 6.25% | USC3314PAD80 |
| Eldorado Gold Corp | 6.24% | 2029-09-01 | 6.25% | US284902AF02 |
| Ivanhoe Mines LTD | 7.66% | 2030-01-23 | 7.88% | US46579RAE45 |
| ERO Copper Corp | 6.46% | 2030-02-15 | 6.50% | US296006AA71 |
| Taseko Mines LTD | 7.11% | 2030-05-01 | 8.25% | USC8692MAD68 |
| Taseko Mines LTD | 6.94% | 2030-05-01 | 8.25% | US876511AG15 |
| Teck Resources Limited | 5.44% | 2030-07-15 | 3.90% | US878742BG94 |
| Skeena Resources Limited | 7.34% | 2031-04-01 | 8.50% | US83056PAA12 |
| First Quantum Minerals LTD | 7.66% | 2031-06-01 | 8.62% | USC3535CAP35 |
| Yamana Gold INC | 5.52% | 2031-08-15 | 2.63% | US98462YAF79 |
| Windfall Mining Group INC | 5.50% | 2032-05-13 | 5.85% | US973244AA44 |
| Vale Canada LTD | 5.64% | 2032-09-15 | 7.20% | US453258AP01 |
| First Quantum Minerals LTD | 7.33% | 2033-03-01 | 8.00% | USC3535CAR90 |
| Capstone Copper Corp | 6.65% | 2033-03-31 | 6.75% | US14071LAA61 |
| Kinross Gold Corporation | 5.46% | 2033-07-15 | 6.25% | US496902AT48 |
| First Quantum Minerals LTD | 6.99% | 2034-02-15 | 7.25% | USC3535CAS73 |
| First Quantum Minerals LTD | 6.92% | 2034-02-15 | 7.25% | US335934AX36 |
| Barrick Mining Corporation | 5.49% | 2034-11-15 | 5.80% | US06849VAA17 |
| Teck Resources Limited | 5.91% | 2035-10-01 | 6.12% | US878742AE55 |
| Barrick Mining Corporation | 5.39% | 2035-10-15 | 6.45% | US725906AN18 |
| First Quantum Minerals LTD | 6.85% | 2036-02-15 | 6.38% | USC3535CAT56 |
| First Quantum Minerals LTD | 6.82% | 2036-02-15 | 6.38% | US335934AY19 |
| 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 |
| Teck Resources Limited | 6.68% | 2041-07-15 | 6.25% | US878742AW53 |