US Non-Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-non-callable
US Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.75%, fitted curve 1M–30Y (4.99%–6.24%), 87 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.99% | — |
| 3M | 5.00% | 5.00% |
| 6M | 5.01% | 5.15% |
| 12M | 5.04% | 5.13% |
| 18M | 5.07% | 5.19% |
| 2Y | 5.10% | 5.26% |
| 3Y | 5.17% | 5.38% |
| 4Y | 5.24% | 5.57% |
| 5Y | 5.32% | 5.78% |
| 6Y | 5.41% | 6.00% |
| 7Y | 5.50% | 6.24% |
| 8Y | 5.58% | 6.47% |
| 9Y | 5.67% | 6.68% |
| 10Y | 5.75% | 6.86% |
| 15Y | 6.05% | 7.15% |
| 20Y | 6.18% | 7.09% |
| 25Y | 6.23% | 6.79% |
| 30Y | 6.24% | 6.57% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.10% and the 10-year 5.75%, a 10Y−2Y spread of +65 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.10% | 4.81% | 4.83% | 4.69% | 4.65% | 4.52% | 4.26% |
| 10Y | 5.75% | 5.58% | 5.46% | 5.38% | 5.34% | 5.35% | 5.28% |
| 10Y − 2Y | +65 bp | +76 bp | +64 bp | +68 bp | +69 bp | +83 bp | +102 bp |
Yields by rating group
The same curve split by credit quality: 112 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.31%, A+ to BBB- 5.42%, Speculative 6.04%.
Bonds in this curve
A selection of 30 of the 115 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Union PAC RES Group INC Utah | 8.53% | 2026-10-15 | 7.50% | US907834AB13 |
| Petroliam Nasional Berhad (Petronas) | 4.90% | 2026-10-15 | 7.62% | USY68851AK32 |
| EL Paso Natural GAS Company | 4.52% | 2026-11-15 | 7.50% | US283695BE39 |
| Tosco Corp | 4.45% | 2027-01-01 | 7.80% | US891490AR57 |
| Korea National OIL Corp | 4.48% | 2027-03-27 | 3.38% | US50066RAG11 |
| Kazmunaygas National CO | 5.64% | 2027-04-19 | 4.75% | XS1595713782 |
| Petroleos Mexicanos | 5.74% | 2027-09-15 | 9.50% | US71654QAM42 |
| Equinor ASA | 4.58% | 2027-09-23 | 7.25% | US656531AM27 |
| EOG Resources INC | 4.67% | 2028-04-01 | 6.65% | US293562AD63 |
| OQ Saoc | 5.58% | 2028-05-06 | 5.12% | XS2248458395 |
| Equinor ASA | 4.70% | 2029-01-15 | 7.15% | US656531AJ97 |
| Saudi Arabian OIL Company | 5.33% | 2029-02-02 | 4.00% | XS3283469313 |
| Saudi Arabian OIL Company | 5.25% | 2029-04-16 | 3.50% | XS1982113208 |
| Sinopec Group | 4.63% | 2029-08-08 | 2.95% | USG82016AH29 |
| State OIL Company of the Azerbaijan Republic | 5.34% | 2030-03-18 | 6.95% | XS1196496688 |
| Petroliam Nasional Berhad (Petronas) | 5.07% | 2030-04-21 | 3.50% | USY68856AT38 |
| Korea National OIL Corp | 5.18% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Kinder Morgan INC | 5.40% | 2032-01-15 | 7.75% | US28368EAE68 |
| Valero Energy Corp | 5.38% | 2032-04-15 | 7.50% | US91913YAE05 |
| Korea National OIL Corp | 5.24% | 2032-04-18 | 2.62% | US50066RAT32 |
| Suncor Energy INC | 5.52% | 2033-07-15 | 5.35% | US716442AH16 |
| Kinder Morgan Energy Partners LP | 5.55% | 2033-08-15 | 7.30% | US494550AQ90 |
| Adnoc Murban RSC LTD | 5.53% | 2034-09-11 | 4.50% | XS2898198432 |
| Orlen SA | 5.84% | 2035-01-30 | 6.00% | XS2975119988 |
| Kinder Morgan Energy Partners LP | 5.73% | 2035-03-15 | 5.80% | US494550AT30 |
| Oneok INC | 5.87% | 2037-05-01 | 6.40% | US682680BT99 |
| Saudi Arabian OIL Company | 6.00% | 2039-04-16 | 4.25% | XS1982113463 |
| PT Pertamina (Persero) | 6.72% | 2044-05-30 | 6.45% | US69370RAA59 |
| Saudi Arabian OIL Company | 6.51% | 2049-04-16 | 4.38% | XS1982116136 |
| Adnoc Murban RSC LTD | 6.39% | 2054-09-11 | 5.12% | XS2898198515 |