United States Callable Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-metals-mining-united-states-callable
United States Callable Metals & Mining Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.95%, fitted curve 3M–30Y (4.12%–6.06%), 91 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.12% | — |
| 9M | 4.48% | 4.84% |
| 12M | 4.67% | 5.12% |
| 18M | 5.03% | 5.87% |
| 2Y | 5.34% | 6.42% |
| 3Y | 5.75% | 6.75% |
| 4Y | 5.94% | 6.68% |
| 5Y | 6.01% | 6.45% |
| 6Y | 6.03% | 6.25% |
| 7Y | 6.02% | 6.07% |
| 8Y | 6.00% | 5.89% |
| 9Y | 5.97% | 5.75% |
| 10Y | 5.95% | 5.75% |
| 15Y | 6.04% | 6.43% |
| 20Y | 6.06% | 6.28% |
| 25Y | 6.06% | 6.15% |
| 30Y | 6.06% | 6.15% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.34% and the 10-year 5.95%, a 10Y−2Y spread of +61 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.34% | 5.21% | 5.21% | 5.23% | 5.22% | 5.62% | 4.91% |
| 10Y | 5.95% | 5.96% | 5.86% | 5.74% | 5.73% | 5.93% | 5.58% |
| 10Y − 2Y | +61 bp | +74 bp | +65 bp | +51 bp | +50 bp | +30 bp | +68 bp |
Yields by rating group
The same curve split by credit quality: 111 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.53%, Speculative 6.50%.
Bonds in this curve
A selection of 30 of the 111 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novelis Corp | 6.18% | 2026-11-15 | 3.25% | USU6700TAE39 |
| Nucor Corporation | 4.37% | 2027-05-23 | 4.30% | US670346AY11 |
| Freeport-Mcmoran INC | 5.05% | 2027-09-01 | 5.00% | US35671DCC74 |
| Steel Dynamics Incorporated | 4.56% | 2027-10-15 | 1.65% | US858119BN92 |
| Freeport-Mcmoran INC | 5.00% | 2028-03-01 | 4.12% | US35671DCE31 |
| Nucor Corporation | 4.78% | 2028-05-01 | 3.95% | US670346AP04 |
| Freeport-Mcmoran INC | 4.99% | 2028-08-01 | 4.38% | US35671DCG88 |
| Coeur Mining INC | 5.51% | 2029-02-15 | 5.12% | US192108BC19 |
| Suncoke Energy INC | 6.35% | 2029-06-30 | 4.88% | US86722AAD54 |
| Suncoke Energy INC | 6.82% | 2029-06-30 | 4.88% | USU86651AB92 |
| JW Alum Continuous Cast CO | 8.35% | 2030-04-01 | 10.25% | US46648XAB47 |
| Steel Dynamics Incorporated | 5.30% | 2030-04-15 | 3.45% | US858119BK53 |
| Freeport Minerals Corp | 5.32% | 2031-06-01 | 9.50% | US717265AL61 |
| United States Steel Corp | 5.63% | 2031-08-01 | 5.20% | USU9118RAC17 |
| Cleveland-Cliffs INC | 6.94% | 2032-03-15 | 7.00% | US185899AP61 |
| Commercial Metals CO | 5.96% | 2032-03-15 | 4.38% | US201723AR41 |
| Worthington Steel INC | 7.06% | 2033-06-01 | 7.75% | US982104AA93 |
| Novelis Corp | 6.59% | 2033-08-15 | 6.38% | US670001AN69 |
| Newmont Corp | 5.47% | 2034-03-15 | 5.35% | US65163LAR06 |
| Steel Dynamics Incorporated | 5.68% | 2034-08-15 | 5.38% | US858119BQ24 |
| Steel Dynamics Incorporated | 5.67% | 2035-05-15 | 5.25% | US858119BS89 |
| Nucor Corporation | 5.54% | 2035-06-01 | 5.10% | US670346BA26 |
| United States Steel Corp | 6.09% | 2036-08-01 | 5.70% | USU9118RAD99 |
| United States Steel Corp | 5.86% | 2037-06-01 | 6.65% | US912909AD03 |
| Newmont Corp | 6.14% | 2039-10-01 | 6.25% | US651639AM86 |
| Southern Copper Corporation | 6.07% | 2040-04-16 | 6.75% | US84265VAE56 |
| Newmont Corp | 5.98% | 2044-06-09 | 5.45% | US651639AV85 |
| Southern Copper Corporation | 6.20% | 2045-04-23 | 5.88% | US84265VAJ44 |
| Newmont Corp | 6.07% | 2050-05-13 | 4.20% | US65163LAF67 |
| Steel Dynamics Incorporated | 6.18% | 2055-05-15 | 5.75% | US858119BT62 |