United States Callable Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-metals-mining-united-states-callable
United States Callable Metals & Mining Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.88%, fitted curve 3M–30Y (4.18%–5.99%), 92 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.18% | — |
| 9M | 4.65% | 4.89% |
| 12M | 4.86% | 5.50% |
| 18M | 5.22% | 5.95% |
| 2Y | 5.49% | 6.30% |
| 3Y | 5.80% | 6.42% |
| 4Y | 5.93% | 6.31% |
| 5Y | 5.98% | 6.17% |
| 6Y | 5.99% | 6.06% |
| 7Y | 5.98% | 5.95% |
| 8Y | 5.96% | 5.80% |
| 9Y | 5.92% | 5.60% |
| 10Y | 5.88% | 5.49% |
| 15Y | 5.82% | 5.72% |
| 20Y | 5.82% | 5.82% |
| 25Y | 5.82% | 5.82% |
| 30Y | 5.82% | 5.82% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.49% and the 10-year 5.88%, a 10Y−2Y spread of +39 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 | 5.49% | 5.45% | 5.93% | 5.90% | 5.29% | 5.79% | 4.83% |
| 10Y | 5.88% | 5.55% | 5.73% | 5.71% | 5.78% | 5.58% | 5.55% |
| 10Y − 2Y | +39 bp | +10 bp | -20 bp | -19 bp | +50 bp | -20 bp | +72 bp |
Yields by rating group
The same curve split by credit quality: 112 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.41%, Speculative 6.46%.
Bonds in this curve
A selection of 30 of the 112 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Novelis Corp | 4.65% | 2026-11-15 | 3.25% | USU6700TAE39 |
| Nucor Corporation | 4.37% | 2027-05-23 | 4.30% | US670346AY11 |
| Freeport-Mcmoran INC | 5.09% | 2027-09-01 | 5.00% | US35671DCC74 |
| Freeport Minerals Corp | 5.27% | 2027-11-01 | 7.12% | US717265AJ16 |
| Freeport-Mcmoran INC | 4.93% | 2028-03-01 | 4.12% | US35671DCE31 |
| Nucor Corporation | 4.66% | 2028-05-01 | 3.95% | US670346AP04 |
| Freeport-Mcmoran INC | 4.99% | 2028-08-01 | 4.38% | US35671DCG88 |
| United States Steel Corp | 6.98% | 2029-03-01 | 6.88% | US912909AU28 |
| Suncoke Energy INC | 7.14% | 2029-06-30 | 4.88% | USU86651AB92 |
| Freeport-Mcmoran INC | 5.13% | 2030-03-01 | 4.25% | US35671DCF06 |
| Steel Dynamics Incorporated | 5.03% | 2030-04-15 | 3.45% | US858119BK53 |
| United States Steel Corp | 5.42% | 2031-08-01 | 5.20% | USU9118RAC17 |
| Novelis Corp | 6.39% | 2031-08-15 | 3.88% | USU6700TAF04 |
| Cleveland-Cliffs INC | 6.93% | 2032-03-15 | 7.00% | USU1852LAN74 |
| Nucor Corporation | 5.02% | 2032-04-01 | 3.12% | US670346AV71 |
| Cleveland-Cliffs INC | 7.38% | 2033-05-01 | 7.38% | USU1852LAR88 |
| Novelis Corp | 6.49% | 2033-08-15 | 6.38% | USU6700TAH69 |
| Kaiser Aluminum Corp | 6.21% | 2034-03-01 | 5.88% | US483007AM21 |
| Freeport-Mcmoran INC | 5.39% | 2034-11-14 | 5.40% | US35671DBJ37 |
| Steel Dynamics Incorporated | 5.50% | 2035-05-15 | 5.25% | US858119BS89 |
| Commercial Metals CO | 6.29% | 2035-12-15 | 6.00% | USU06657AE75 |
| United States Steel Corp | 5.91% | 2036-08-01 | 5.70% | USU9118RAD99 |
| United States Steel Corp | 6.26% | 2037-06-01 | 6.65% | US912909AD03 |
| Newmont Corp | 5.86% | 2039-10-01 | 6.25% | US651639AM86 |
| Southern Copper Corporation | 5.86% | 2040-04-16 | 6.75% | US84265VAE56 |
| Southern Copper Corporation | 6.17% | 2045-04-23 | 5.88% | US84265VAJ44 |
| Nucor Corporation | 5.91% | 2048-05-01 | 4.40% | US670346AQ86 |
| Nucor Corporation | 5.89% | 2052-04-01 | 3.85% | US670346AW54 |
| Steel Dynamics Incorporated | 6.08% | 2055-05-15 | 5.75% | US858119BT62 |
| Nucor Corporation | 5.73% | 2055-12-15 | 2.98% | US670346AU98 |