United States Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-united-states
United States Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.83%, fitted curve 1M–40Y (4.77%–6.23%), 926 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.77% | — |
| 3M | 4.79% | 4.80% |
| 6M | 4.82% | 4.86% |
| 9M | 4.86% | 4.92% |
| 12M | 4.89% | 4.99% |
| 18M | 4.96% | 5.09% |
| 2Y | 5.02% | 5.22% |
| 3Y | 5.15% | 5.41% |
| 4Y | 5.27% | 5.64% |
| 5Y | 5.39% | 5.85% |
| 6Y | 5.49% | 6.03% |
| 7Y | 5.59% | 6.17% |
| 8Y | 5.68% | 6.29% |
| 9Y | 5.76% | 6.38% |
| 10Y | 5.83% | 6.45% |
| 15Y | 6.06% | 6.52% |
| 20Y | 6.16% | 6.47% |
| 25Y | 6.20% | 6.38% |
| 30Y | 6.22% | 6.31% |
| 40Y | 6.23% | 6.26% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.02% and the 10-year 5.83%, a 10Y−2Y spread of +80 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 | 5.02% | 4.79% | 4.72% | 4.65% | 4.82% | 4.20% | 4.30% |
| 10Y | 5.83% | 5.44% | 5.55% | 5.40% | 5.80% | 5.12% | 5.28% |
| 10Y − 2Y | +80 bp | +65 bp | +82 bp | +75 bp | +99 bp | +93 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 1132 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.10%, A+ to BBB- 5.55%, Speculative 6.67%.
Bonds in this curve
A selection of 30 of the 1144 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Exxon Mobil Corp | 4.35% | 2026-08-16 | 2.27% | US30231GBD34 |
| Valero Energy Corp | 4.37% | 2026-09-15 | 3.40% | US91913YAU47 |
| Phillips 66 CO | 4.42% | 2026-10-01 | 3.55% | US718547AF91 |
| Phillips 66 Partners LP | 6.94% | 2026-10-01 | 3.55% | US718549AD00 |
| Baker Hughes Holdings LLC | 4.97% | 2026-12-15 | 2.06% | US05724BAD10 |
| Marathon Petroleum Corp | 5.69% | 2026-12-15 | 5.12% | US56585ABC53 |
| Exxon Mobil Corp | 4.43% | 2027-03-19 | 3.29% | US30231GBJ04 |
| Hess Corp | 4.55% | 2027-04-01 | 4.30% | US42809HAG20 |
| Williams Companies INC | 4.85% | 2027-06-15 | 3.75% | US96949LAD73 |
| Targa Resources Corp | 5.04% | 2027-07-01 | 5.20% | US87612KAA07 |
| Phillips 66 CO | 4.95% | 2027-12-01 | 4.95% | US718547AT95 |
| Baker Hughes Holdings LLC | 4.64% | 2027-12-15 | 3.34% | US05723KAE01 |
| Schlumberger Hldgs Corp | 4.74% | 2028-05-17 | 3.90% | USU8066LAH79 |
| Valero Energy Corp | 4.75% | 2028-06-01 | 4.35% | US91913YAV20 |
| Kinder Morgan INC | 4.80% | 2029-02-01 | 5.00% | US494553AD27 |
| Mplx LP | 4.87% | 2029-02-15 | 4.80% | US55336VAS97 |
| Diamondback Energy INC | 4.96% | 2030-01-30 | 5.15% | US25278XAY58 |
| EQT Corp | 5.89% | 2030-02-01 | 7.00% | US26884LAG41 |
| Kinder Morgan INC | 5.08% | 2031-02-15 | 2.00% | US49456BAR24 |
| Transocean INC | 7.10% | 2031-04-15 | 7.50% | US893830AF64 |
| Expand Energy Corp | 5.48% | 2032-02-01 | 4.75% | US845467AT68 |
| Enterprise Products Operating LLC | 5.13% | 2033-01-31 | 5.35% | US29379VCD38 |
| EQT Corp | 5.58% | 2034-02-01 | 5.75% | US26884LAR06 |
| Coterra Energy INC | 5.91% | 2035-02-15 | 5.40% | US127097AM58 |
| Mplx LP | 5.73% | 2036-04-01 | 5.30% | US55336VCE83 |
| Conocophillips Company | 5.58% | 2039-02-01 | 6.50% | US20825CAQ78 |
| Kinder Morgan Energy Partners LP | 6.25% | 2044-03-01 | 5.50% | US494550BU93 |
| Enterprise Products Operating LLC | 6.03% | 2049-02-01 | 4.80% | US29379VBU61 |
| Conocophillips Company | 6.05% | 2054-03-15 | 5.55% | US20826FBG00 |
| Conocophillips Company | 6.17% | 2063-09-15 | 5.70% | US20826FBH82 |