Canada Investment Grade Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-canada
Canada Investment Grade Oil & Gas Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.04%, fitted curve 1M–40Y (4.79%–6.39%), 95 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.79% | — |
| 6M | 4.87% | 4.95% |
| 9M | 4.91% | 5.11% |
| 18M | 5.04% | 5.22% |
| 2Y | 5.12% | 5.46% |
| 3Y | 5.28% | 5.71% |
| 4Y | 5.43% | 6.03% |
| 5Y | 5.57% | 6.30% |
| 6Y | 5.69% | 6.53% |
| 7Y | 5.80% | 6.71% |
| 8Y | 5.89% | 6.84% |
| 9Y | 5.97% | 6.94% |
| 10Y | 6.04% | 7.00% |
| 15Y | 6.24% | 7.00% |
| 20Y | 6.31% | 6.84% |
| 25Y | 6.33% | 6.67% |
| 30Y | 6.34% | 6.63% |
| 40Y | 6.39% | 7.09% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.12% and the 10-year 6.04%, a 10Y−2Y spread of +92 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.12% | 5.26% | 4.77% | 4.88% | 4.59% | 4.71% | 4.51% |
| 10Y | 6.04% | 6.16% | 5.67% | 5.61% | 5.39% | 5.44% | 5.39% |
| 10Y − 2Y | +92 bp | +91 bp | +90 bp | +73 bp | +80 bp | +73 bp | +89 bp |
Bonds in this curve
A selection of 30 of the 98 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enbridge | 5.60% | 2026-11-15 | 5.90% | US29250NBW48 |
| Enbridge | 4.70% | 2026-12-01 | 4.25% | US29250NAL91 |
| Enbridge | 5.09% | 2027-04-05 | 5.25% | US29250NCA19 |
| Canadian Natural | 4.74% | 2027-06-01 | 3.85% | US136385AX99 |
| Enbridge | 4.68% | 2027-07-15 | 3.70% | US29250NAR61 |
| Transcanada | 5.07% | 2028-05-15 | 4.25% | US89352HAW97 |
| Enbridge | 5.12% | 2028-06-20 | 4.60% | US29250NCH61 |
| Enbridge | 5.20% | 2028-11-15 | 6.00% | US29250NBX21 |
| Cenovus | 5.56% | 2029-04-15 | 4.40% | US448055AP89 |
| Enbridge | 5.32% | 2029-11-15 | 3.12% | US29250NAZ87 |
| Canadian Natural | 5.28% | 2029-12-15 | 5.00% | USC18478AA20 |
| Enbridge | 5.41% | 2030-06-20 | 4.90% | US29250NCJ28 |
| Canadian Natural | 5.30% | 2030-07-15 | 2.95% | US136385BA87 |
| Cenovus | 5.59% | 2032-01-15 | 2.65% | US15135UAW99 |
| Suncor | 5.67% | 2032-02-01 | 7.15% | US867229AC03 |
| TC Energy | 5.80% | 2032-11-17 | 5.00% | US19828AAF49 |
| Enbridge | 5.70% | 2033-03-08 | 5.70% | US29250NBR52 |
| Enbridge | 5.65% | 2033-08-01 | 2.50% | US29250NBF15 |
| TC Energy | 5.80% | 2033-11-15 | 6.04% | US19828TAB26 |
| Suncor | 5.89% | 2034-12-01 | 5.95% | US867229AD85 |
| Canadian Natural | 5.78% | 2034-12-15 | 5.40% | USC18478AB03 |
| Enbridge | 5.89% | 2035-06-20 | 5.55% | US29250NCK90 |
| Enbridge | 5.93% | 2035-11-20 | 5.20% | US29250NCP87 |
| TC Energy | 5.97% | 2036-05-15 | 5.51% | US19828BAA35 |
| Canadian Natural | 6.00% | 2037-02-15 | 6.50% | US136385AJ06 |
| Cenovus | 6.06% | 2039-11-15 | 6.75% | US15135UAF66 |
| Transcanada | 5.99% | 2048-05-15 | 4.88% | US89352HAY53 |
| Enbridge | 6.31% | 2049-11-15 | 4.00% | US29250NBA28 |
| TC Energy | 6.45% | 2055-02-15 | 5.96% | US19828TAH95 |
| TC Energy | 6.44% | 2063-08-15 | 6.71% | US19828TAD81 |