US Investment Grade Real Estate Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-16
https://bondscovery.com/yield-curve/usd-corporate-real-estate
US Investment Grade Real Estate Corporate Bond Yields (USD) as of 2026-10-16: 10Y at 6.20%, fitted curve 1M–100Y (4.89%–6.41%), 663 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.89% | — |
| 3M | 4.93% | 4.95% |
| 6M | 4.99% | 5.18% |
| 9M | 5.05% | 5.30% |
| 12M | 5.11% | 5.30% |
| 18M | 5.23% | 5.54% |
| 2Y | 5.34% | 5.77% |
| 3Y | 5.53% | 6.04% |
| 4Y | 5.68% | 6.29% |
| 5Y | 5.80% | 6.46% |
| 6Y | 5.90% | 6.63% |
| 7Y | 6.00% | 6.81% |
| 8Y | 6.08% | 6.95% |
| 9Y | 6.15% | 7.02% |
| 10Y | 6.20% | 7.04% |
| 15Y | 6.35% | 6.95% |
| 20Y | 6.39% | 6.75% |
| 25Y | 6.40% | 6.62% |
| 30Y | 6.41% | 6.55% |
| 100Y | 6.41% | 6.51% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.34% and the 10-year 6.20%, a 10Y−2Y spread of +87 bp — positively sloped — as of 2026-10-16. 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 | Latest2026-10-16 | 1m ago2026-09-16 | 2m ago2026-08-17 | 3m ago2026-07-17 | 4m ago2026-06-18 | 5m ago2026-05-19 | 6m ago2026-04-20 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.34% | 5.24% | 4.74% | 4.82% | 4.78% | 4.74% | 4.59% |
| 10Y | 6.20% | 6.08% | 5.83% | 5.57% | 5.48% | 5.51% | 5.39% |
| 10Y − 2Y | +87 bp | +84 bp | +109 bp | +75 bp | +71 bp | +77 bp | +80 bp |
Yields by rating group
The same curve split by credit quality: 710 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.53%, A+ to BBB- 5.76%.
Bonds in this curve
A selection of 30 of the 710 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Equinix | 5.29% | 2026-11-18 | 2.90% | US29444UBD72 |
| Simon Property | 4.59% | 2026-11-30 | 3.25% | US828807CY15 |
| Alexandria Real Estate | 5.05% | 2027-01-15 | 3.95% | US015271AJ82 |
| American Tower | 4.83% | 2027-01-15 | 3.12% | US03027XAM20 |
| Mirvac Group Finance Limited | 4.99% | 2027-03-18 | 3.62% | XS1688567251 |
| Hysan (MTN) Limited | 5.18% | 2027-06-02 | 2.88% | XS2178221490 |
| Ningbo Yincheng Group CO., LTD. | 5.20% | 2027-07-24 | 5.38% | XS2859244720 |
| Central International Development (BVI) Limited | 5.09% | 2027-08-19 | 5.10% | XS2853370976 |
| Swire Properties | 5.13% | 2028-01-10 | 3.50% | XS1743657683 |
| Wharf Reic | 5.32% | 2028-01-17 | 3.50% | XS1751002707 |
| Goodman Group | 5.42% | 2028-03-15 | 3.70% | USU3827BAA53 |
| China Overseas Land & Investment Limited | 5.40% | 2028-04-26 | 4.75% | XS1811821211 |
| NAN Fung Treasury LTD | 5.94% | 2028-09-05 | 5.00% | XS1873136607 |
| China Resources Land Limited | 5.41% | 2028-11-20 | 4.12% | XS3225731382 |
| JOY Treasure Assets Holdings INC | 5.34% | 2029-06-06 | 5.75% | XS2826701604 |
| Swire Pacific | 5.13% | 2029-07-05 | 5.12% | XS2852959555 |
| Wharf Reic | 5.52% | 2030-05-07 | 2.88% | XS2161921338 |
| Shkp | 5.29% | 2030-05-13 | 2.75% | XS2130065258 |
| Hongkong Land Finance (Cayman Islands) Company Limited | 5.29% | 2031-07-15 | 2.25% | XS2357744619 |
| The Link Finance (Cayman) 2009 Limited | 5.48% | 2032-01-19 | 2.75% | XS2417084030 |
| Swire Pacific | 5.38% | 2032-08-28 | 4.62% | XS3148200457 |
| Hongkong Land Finance (Cayman Islands) Company Limited | 5.47% | 2033-07-14 | 5.25% | XS2648476302 |
| Sekisui House | 5.92% | 2034-10-23 | 5.10% | XS2919471156 |
| Hysan (MTN) Limited | 6.10% | 2035-06-18 | 3.55% | XS2190202015 |
| NAN Fung Treasury LTD | 6.51% | 2036-05-21 | 5.75% | XS3314987184 |
| Cellnex | 6.62% | 2041-07-07 | 3.88% | USE2943JAA72 |
| ERP Operating | 6.24% | 2044-07-01 | 4.50% | US26884ABB89 |
| Simon Property | 6.29% | 2049-09-13 | 3.25% | US828807DH72 |
| Alexandria Real Estate | 6.59% | 2054-05-15 | 5.62% | US015271BD04 |
| Elect Global Investments Limited | 6.98% | — | 4.85% | XS2216209333 |