United States Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-oil-gas-united-states
United States Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.97%, fitted curve 1M–40Y (4.69%–6.34%), 909 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.69% | — |
| 3M | 4.72% | 4.74% |
| 6M | 4.78% | 4.96% |
| 9M | 4.85% | 5.15% |
| 12M | 4.93% | 5.15% |
| 18M | 5.09% | 5.48% |
| 2Y | 5.21% | 5.68% |
| 3Y | 5.37% | 5.79% |
| 4Y | 5.48% | 5.94% |
| 5Y | 5.58% | 6.13% |
| 6Y | 5.67% | 6.32% |
| 7Y | 5.76% | 6.50% |
| 8Y | 5.84% | 6.65% |
| 9Y | 5.91% | 6.77% |
| 10Y | 5.97% | 6.87% |
| 15Y | 6.18% | 7.00% |
| 20Y | 6.28% | 6.96% |
| 25Y | 6.32% | 6.81% |
| 30Y | 6.33% | 6.67% |
| 40Y | 6.34% | 6.55% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.21% and the 10-year 5.97%, a 10Y−2Y spread of +76 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 | 5.21% | 4.91% | 4.91% | 4.87% | 4.76% | 4.77% | 4.51% |
| 10Y | 5.97% | 5.73% | 5.65% | 5.54% | 5.62% | 5.44% | 5.53% |
| 10Y − 2Y | +76 bp | +82 bp | +74 bp | +66 bp | +85 bp | +67 bp | +102 bp |
Yields by rating group
The same curve split by credit quality: 1105 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.16%, A+ to BBB- 5.75%, Speculative 6.65%.
Bonds in this curve
A selection of 30 of the 1119 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Occidental Petroleum Corp | 5.69% | 2026-10-15 | 7.50% | US674599DN25 |
| Spectra Energy Partners LP | 3.96% | 2026-10-15 | 3.38% | US84756NAH26 |
| Kinder Morgan INC | 4.79% | 2026-11-15 | 1.75% | US49456BAU52 |
| Buckeye Partners L.P. | 7.11% | 2026-12-01 | 3.95% | US118230AQ44 |
| Enterprise Products Operating LLC | 5.21% | 2027-02-15 | 3.95% | US29379VBL62 |
| Occidental Petroleum Corp | 5.47% | 2027-02-15 | 3.00% | US674599CM50 |
| Kosmos Energy LTD | 8.35% | 2027-05-01 | 7.75% | USU5007TAD73 |
| Chevron USA INC | 4.66% | 2027-05-11 | 2.00% | US166764BX70 |
| Chevron USA INC | 4.49% | 2027-08-12 | 1.02% | US166756AL00 |
| Chevron USA INC | 4.54% | 2027-08-13 | 3.95% | US166756BG06 |
| Baker Hughes Holdings LLC | 4.75% | 2027-12-15 | 3.34% | US05723KAE01 |
| Chevron USA INC | 4.70% | 2028-01-15 | 3.85% | US166756AR79 |
| Energy Transfer LP | 5.08% | 2028-06-15 | 4.95% | US29278NAF06 |
| Enterprise Products Operating LLC | 4.88% | 2028-06-20 | 4.30% | US29379VCJ08 |
| Oneok INC | 5.18% | 2029-03-15 | 4.35% | US682680AW38 |
| Williams Companies INC | 5.26% | 2029-03-15 | 4.90% | US88339WAB28 |
| National Fuel GAS CO | 5.62% | 2030-03-15 | 5.50% | US636180BT74 |
| Oneok INC | 5.33% | 2030-03-15 | 3.10% | US682680BB81 |
| Williams Companies INC | 5.55% | 2031-03-15 | 2.60% | US969457BY52 |
| Diamondback Energy INC | 5.39% | 2031-03-24 | 3.12% | US25278XAR08 |
| Chevron USA INC | 5.16% | 2032-04-15 | 4.82% | US166756BE57 |
| Hess Corp | 5.40% | 2033-03-15 | 7.12% | US023551AM66 |
| Coterra Energy INC | 5.87% | 2034-03-15 | 5.60% | US127097AL75 |
| Energy Transfer LP | 5.91% | 2035-03-15 | 4.90% | US29273RBE80 |
| Mplx LP | 6.00% | 2036-04-01 | 5.30% | US55336VCE83 |
| Valero Energy Corp | 6.23% | 2039-03-15 | 10.50% | US91913YAP51 |
| Enterprise Products Operating LLC | 6.11% | 2044-03-15 | 4.85% | US29379VBA08 |
| Energy Transfer LP | 6.56% | 2049-04-15 | 6.25% | US29279FAA75 |
| Conocophillips Company | 6.21% | 2054-03-15 | 5.55% | US20826FBG00 |
| Conocophillips Company | 6.31% | 2063-09-15 | 5.70% | US20826FBH82 |