United States Non-Callable 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-non-callable
United States Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.85%, fitted curve 1M–20Y (4.75%–6.79%), 37 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.75% | — |
| 3M | 4.77% | 4.78% |
| 6M | 4.80% | 4.94% |
| 18M | 4.91% | 5.04% |
| 3Y | 5.08% | 5.34% |
| 4Y | 5.20% | 5.65% |
| 5Y | 5.31% | 5.91% |
| 6Y | 5.42% | 6.17% |
| 7Y | 5.53% | 6.44% |
| 9Y | 5.74% | 6.86% |
| 10Y | 5.85% | 7.29% |
| 15Y | 6.35% | 8.24% |
| 20Y | 6.79% | 10.11% |
2Y, 10Y and the 10Y−2Y spread over time
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 | — | 4.77% | — | 4.60% | 4.64% | 4.45% | 4.34% |
| 10Y | 5.85% | 5.63% | 5.45% | 5.42% | 5.42% | 5.35% | 5.38% |
| 10Y − 2Y | — | +86 bp | — | +82 bp | +78 bp | +90 bp | +104 bp |
Yields by rating group
The same curve split by credit quality: 48 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.89%, A+ to BBB- 5.43%, Speculative 5.13%.
Bonds in this curve
A selection of 30 of the 49 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 |
| Occidental Petroleum Corp | 5.42% | 2026-10-15 | 7.50% | US674599DN25 |
| EL Paso Natural GAS Company | 4.52% | 2026-11-15 | 7.50% | US283695BE39 |
| Tosco Corp | 4.45% | 2027-01-01 | 7.80% | US891490AR57 |
| Tennessee GAS Pipeline Company | 4.50% | 2027-03-15 | 7.00% | US880451AS80 |
| Noble Energy INC | 3.91% | 2027-04-01 | 8.00% | US654894AF14 |
| EOG Resources INC | 4.67% | 2028-04-01 | 6.65% | US293562AD63 |
| Occidental Petroleum Corp | 4.98% | 2029-03-15 | 7.20% | US674599DT94 |
| Phillips 66 CO | 5.17% | 2029-03-30 | 7.00% | US718507BK18 |
| Occidental Petroleum Corp | 5.40% | 2029-04-15 | 7.95% | US674599DU67 |
| Energy Transfer LP | 4.73% | 2029-11-15 | 8.25% | US844030AC01 |
| Oneok INC | 5.35% | 2030-09-01 | 6.50% | USU6836MAB10 |
| Kinder Morgan INC | 5.01% | 2030-10-15 | 8.05% | US28368EAA47 |
| Occidental Petroleum Corp | 5.47% | 2031-05-01 | 7.50% | US674599DD43 |
| Occidental Petroleum Corp | 5.52% | 2031-09-15 | 7.88% | US674599DE26 |
| Texaco Capital INC | 4.94% | 2031-11-15 | 8.62% | US881685AX97 |
| Kinder Morgan INC | 5.48% | 2032-01-15 | 7.75% | US28368EAE68 |
| Kinder Morgan Energy Partners LP | 5.34% | 2032-03-15 | 7.75% | US494550AL04 |
| Williams Companies INC | 5.58% | 2032-03-15 | 8.75% | US969457BM15 |
| Valero Energy Corp | 5.44% | 2032-04-15 | 7.50% | US91913YAE05 |
| Texaco Capital INC | 4.89% | 2032-08-01 | 8.00% | US881685BB68 |
| Kinder Morgan Energy Partners LP | 5.67% | 2033-08-15 | 7.30% | US494550AQ90 |
| Kinder Morgan Energy Partners LP | 5.77% | 2035-03-15 | 5.80% | US494550AT30 |
| Oneok INC | 5.63% | 2035-06-15 | 6.00% | US682680AN39 |
| XTO Energy INC | 5.09% | 2036-04-01 | 6.10% | US98385XAJ54 |
| Occidental Petroleum Corp | 5.81% | 2036-09-15 | 6.45% | US674599DF90 |
| Tennessee GAS Pipeline Company | 5.81% | 2037-04-01 | 7.62% | US880451AU37 |
| Oneok INC | 5.87% | 2037-05-01 | 6.40% | US682680BT99 |
| Occidental Petroleum Corp | 6.22% | 2040-03-15 | 6.20% | US674599DJ13 |
| Apache Corporation | 7.09% | 2047-08-15 | 7.38% | US037411AM74 |