US Non-Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-non-callable
US Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.57%, fitted curve 1M–40Y (4.70%–6.74%), 97 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.70% | — |
| 3M | 4.72% | 4.72% |
| 6M | 4.74% | 4.76% |
| 9M | 4.76% | 4.81% |
| 12M | 4.79% | 4.86% |
| 18M | 4.83% | 4.93% |
| 2Y | 4.88% | 5.02% |
| 3Y | 4.97% | 5.16% |
| 4Y | 5.07% | 5.34% |
| 5Y | 5.16% | 5.52% |
| 6Y | 5.24% | 5.69% |
| 7Y | 5.33% | 5.85% |
| 8Y | 5.41% | 6.00% |
| 9Y | 5.49% | 6.14% |
| 10Y | 5.57% | 6.27% |
| 15Y | 5.91% | 6.58% |
| 20Y | 6.16% | 6.91% |
| 25Y | 6.34% | 7.06% |
| 30Y | 6.59% | 7.88% |
| 40Y | 6.74% | 7.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.88% and the 10-year 5.57%, a 10Y−2Y spread of +69 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 | 4.88% | 4.68% | 4.72% | 4.51% | 4.63% | 4.20% | 4.23% |
| 10Y | 5.57% | 5.32% | 5.43% | 5.23% | 5.49% | 5.05% | 5.20% |
| 10Y − 2Y | +69 bp | +64 bp | +70 bp | +72 bp | +86 bp | +85 bp | +97 bp |
Yields by rating group
The same curve split by credit quality: 127 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.30%, A+ to BBB- 5.36%, Speculative 5.69%.
Bonds in this curve
A selection of 30 of the 128 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Woodside Finance LTD | 4.43% | 2026-09-15 | 3.70% | USQ98236AC80 |
| Petroliam Nasional Berhad (Petronas) | 4.55% | 2026-10-15 | 7.62% | USY68851AK32 |
| Occidental Petroleum Corp | 6.09% | 2026-10-15 | 7.50% | US674599DN25 |
| Baker Hughes Holdings LLC | 4.97% | 2026-12-15 | 2.06% | US05724BAD10 |
| BP PLC | 4.17% | 2027-01-16 | 3.02% | US10373QAV23 |
| Korea National OIL Corp | 4.44% | 2027-03-27 | 3.38% | US50066RAG11 |
| BP PLC | 4.82% | 2027-04-14 | 3.59% | US10373QAZ37 |
| BP PLC | 4.36% | 2027-09-19 | 3.28% | US05565QDN51 |
| Petroleos Mexicanos | 5.67% | 2027-09-15 | 9.50% | US706451BD26 |
| Chevron USA INC | 4.52% | 2028-01-15 | 3.85% | US166756AR79 |
| Oneok INC | 5.07% | 2028-01-15 | 5.62% | USU6836MAA37 |
| OQ Saoc | 5.87% | 2028-05-06 | 5.12% | XS2248458395 |
| Petroleos Mexicanos | 5.68% | 2029-01-23 | 6.50% | US71654QCP54 |
| Saudi Arabian OIL Company | 4.99% | 2029-02-02 | 4.00% | XS3283469313 |
| Sinopec Group | 4.47% | 2029-08-08 | 2.95% | USG82016AH29 |
| State OIL Company of the Azerbaijan Republic | 5.08% | 2030-03-18 | 6.95% | XS1196496688 |
| Petroliam Nasional Berhad (Petronas) | 4.86% | 2030-04-21 | 3.50% | USY68856AT38 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 4.93% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Valero Energy Corp | 5.12% | 2032-04-15 | 7.50% | US91913YAE05 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Suncor Energy INC | 5.38% | 2033-07-15 | 5.35% | US716442AH16 |
| Saudi Arabian OIL Company | 5.45% | 2034-07-17 | 5.25% | XS2861550817 |
| Orlen SA | 5.68% | 2035-01-30 | 6.00% | XS2975119988 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| PT Pertamina (Persero) | 6.61% | 2044-05-30 | 6.45% | US69370RAA59 |
| Sinopec Group | 5.27% | 2049-08-08 | 3.68% | USG82016AJ84 |
| Petroliam Nasional Berhad (Petronas) | 5.80% | 2060-04-21 | 4.80% | USY68856AW66 |
| Saudi Arabian OIL Company | 6.67% | 2064-07-17 | 5.88% | XS2861555964 |