Canada Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-canada-callable
Canada Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.86%, fitted curve 3M–40Y (4.76%–6.35%), 96 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.76% | — |
| 6M | 4.80% | 4.95% |
| 9M | 4.83% | 5.00% |
| 18M | 4.94% | 5.10% |
| 2Y | 5.00% | 5.29% |
| 3Y | 5.14% | 5.50% |
| 4Y | 5.26% | 5.77% |
| 5Y | 5.38% | 6.03% |
| 6Y | 5.50% | 6.26% |
| 7Y | 5.60% | 6.47% |
| 8Y | 5.69% | 6.65% |
| 9Y | 5.78% | 6.80% |
| 10Y | 5.86% | 6.92% |
| 15Y | 6.12% | 7.12% |
| 20Y | 6.25% | 7.15% |
| 25Y | 6.31% | 7.00% |
| 30Y | 6.34% | 6.83% |
| 40Y | 6.35% | 6.65% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.00% and the 10-year 5.86%, a 10Y−2Y spread of +85 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 | 5.00% | 4.83% | 4.91% | 4.76% | 4.67% | 4.61% | 4.35% |
| 10Y | 5.86% | 5.68% | 5.50% | 5.54% | 5.42% | 5.39% | 5.33% |
| 10Y − 2Y | +85 bp | +85 bp | +59 bp | +78 bp | +75 bp | +78 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 108 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.68%, Speculative 6.95%.
Bonds in this curve
A selection of 30 of the 108 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Enbridge INC | 4.97% | 2026-11-15 | 5.90% | US29250NBW48 |
| Enbridge INC | 4.50% | 2026-12-01 | 4.25% | US29250NAL91 |
| Enbridge INC | 4.50% | 2027-04-05 | 5.25% | US29250NCA19 |
| Canadian Natural Resources LTD | 4.67% | 2027-06-01 | 3.85% | US136385AX99 |
| Enbridge INC | 4.56% | 2027-07-15 | 3.70% | US29250NAR61 |
| Transcanada Pipelines Limited | 4.98% | 2028-05-15 | 4.25% | US89352HAW97 |
| Enbridge INC | 4.89% | 2028-06-20 | 4.60% | US29250NCH61 |
| TC Energy Corporation | 5.13% | 2028-08-15 | 6.04% | US19828AAB35 |
| Enbridge INC | 5.13% | 2029-04-05 | 5.30% | US29250NCB91 |
| Cenovus Energy INC | 5.30% | 2029-04-15 | 4.40% | US448055AP89 |
| Transcanada Pipelines Limited | 5.29% | 2030-04-15 | 4.10% | US89352HBA68 |
| Enbridge INC | 5.17% | 2030-06-20 | 4.90% | US29250NCJ28 |
| Enbridge INC | 5.38% | 2031-03-27 | 4.85% | US29250NCQ60 |
| Parex Resources INC | 7.72% | 2031-05-11 | 8.50% | USC71952AA08 |
| Northriver Midstream Finance LP | 6.41% | 2032-07-15 | 6.75% | US66679NAB64 |
| Enbridge INC | 5.62% | 2033-03-08 | 5.70% | US29250NBR52 |
| Enbridge INC | 5.55% | 2033-08-01 | 2.50% | US29250NBF15 |
| TC Energy Corporation | 5.81% | 2034-01-15 | 5.68% | US19828AAC18 |
| Transcanada Pipelines Limited | 5.68% | 2034-03-31 | 5.60% | US893526DF78 |
| Enbridge INC | 5.69% | 2034-04-05 | 5.62% | US29250NCC74 |
| Suncor Energy INC | 5.97% | 2035-05-15 | 5.95% | US71644EAG70 |
| Enbridge INC | 5.83% | 2035-06-20 | 5.55% | US29250NCK90 |
| Enbridge INC | 5.78% | 2036-03-27 | 5.45% | US29250NCR44 |
| Cenovus Energy INC | 5.94% | 2037-06-15 | 5.25% | US15135UAP49 |
| Suncor Energy INC | 6.09% | 2039-06-01 | 6.85% | US86722TAB89 |
| Cenovus Energy INC | 5.96% | 2039-11-15 | 6.75% | US15135UAF66 |
| Enbridge INC | 6.18% | 2044-06-10 | 4.50% | US29250NAJ46 |
| Transcanada Pipelines Limited | 6.06% | 2049-03-15 | 5.10% | US89352HAZ29 |
| Enbridge INC | 6.31% | 2054-04-05 | 5.95% | US29250NCD57 |
| TC Energy Corporation | 6.42% | 2063-08-15 | 6.71% | US19828TAD81 |