US Secured Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-secured
US Secured Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.20%, fitted curve 1M–40Y (4.56%–6.82%), 1664 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.56% | — |
| 3M | 4.64% | 4.67% |
| 6M | 4.76% | 4.99% |
| 9M | 4.89% | 5.37% |
| 12M | 5.03% | 5.37% |
| 18M | 5.30% | 5.97% |
| 2Y | 5.55% | 6.46% |
| 3Y | 5.91% | 6.81% |
| 4Y | 6.09% | 6.79% |
| 5Y | 6.16% | 6.60% |
| 6Y | 6.19% | 6.46% |
| 7Y | 6.20% | 6.37% |
| 8Y | 6.20% | 6.33% |
| 9Y | 6.20% | 6.31% |
| 10Y | 6.20% | 6.31% |
| 15Y | 6.20% | 6.30% |
| 20Y | 6.21% | 6.34% |
| 25Y | 6.24% | 6.65% |
| 30Y | 6.39% | 8.88% |
| 40Y | 6.82% | 15.91% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.55% and the 10-year 6.20%, a 10Y−2Y spread of +65 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 | 5.55% | 5.30% | 5.06% | 5.07% | 5.35% | 5.14% | 4.92% |
| 10Y | 6.20% | 5.83% | 5.92% | 5.84% | 5.44% | 5.45% | 5.45% |
| 10Y − 2Y | +65 bp | +53 bp | +86 bp | +78 bp | +10 bp | +32 bp | +53 bp |
Yields by rating group
The same curve split by credit quality: 2143 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.54%, A+ to BBB- 5.79%, Speculative 7.31%.
Bonds in this curve
A selection of 30 of the 2196 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Dell Technologies | 6.88% | 2026-10-01 | 4.90% | US24703TAE64 |
| Royal Bank of Canada | 4.58% | 2026-11-02 | 1.40% | US78016EZZ32 |
| DTE Electric CO | 4.22% | 2026-12-01 | 4.85% | US23338VAU08 |
| Royal Bank of Canada | 5.53% | 2026-12-14 | 4.85% | USC7976PAK24 |
| Centerpoint Energy INC | 5.47% | 2027-02-01 | 3.00% | US15189XAR98 |
| HCA INC | 4.52% | 2027-02-15 | 4.50% | US404119BU21 |
| Midamerican Energy CO | 4.62% | 2027-05-01 | 3.10% | US595620AQ82 |
| Royal Bank of Canada | 4.67% | 2027-05-04 | 3.62% | US78016EZD20 |
| IBM Corp | 4.97% | 2027-08-01 | 6.22% | US459200AR21 |
| Pacific GAS & Electric | 5.28% | 2027-08-01 | 2.10% | US694308JF52 |
| Corebridge Financial INC | 5.28% | 2028-01-07 | 4.90% | US00138EBE32 |
| Propifi Bonds PLC | 7.22% | 2028-01-10 | 8.10% | GB00BMFXJ557 |
| Pacific GAS & Electric | 5.33% | 2028-06-15 | 3.00% | US694308JW85 |
| Public Service Company of Colorado | 5.11% | 2028-06-15 | 3.70% | US744448CP44 |
| Duke Energy Corporation | 5.07% | 2029-03-15 | 3.45% | US26442UAH77 |
| T-Mobile USA INC | 5.14% | 2029-03-15 | 2.40% | US87264ACS24 |
| Centerpoint Energy INC | 5.30% | 2030-03-15 | 4.80% | US15189XBG25 |
| Duke Energy Corporation | 5.13% | 2030-03-15 | 4.85% | US26442CBP86 |
| Abbvie INC | 5.30% | 2031-03-15 | 4.12% | US00287YEE59 |
| Charter Communications Operating LLC / Charter Communications Operating Capital Corp | 6.29% | 2031-04-01 | 2.80% | US161175BU77 |
| Duke Energy Corporation | 5.41% | 2032-03-15 | 2.85% | US26442CBG87 |
| Abbvie INC | 5.43% | 2033-03-15 | 4.40% | US00287YEF25 |
| Coterra Energy INC | 5.87% | 2034-03-15 | 5.60% | US127097AL75 |
| Duke Energy Corporation | 5.61% | 2035-03-15 | 5.25% | US26442CBQ69 |
| Commonwealth Edison CO | 5.75% | 2036-03-15 | 5.90% | US202795HK91 |
| Southern California Edison Company | 6.37% | 2039-03-15 | 6.05% | US842400FL27 |
| Centerpoint Energy INC | 6.16% | 2044-04-01 | 4.50% | US15189XAN84 |
| Ameren Corporation | 6.21% | 2049-03-15 | 4.50% | US02361DAT72 |
| Entergy Corporation | 6.37% | 2054-03-15 | 5.70% | US29364WBN74 |
| Charter Communications Operating LLC / Charter Communications Operating Capital Corp | 7.73% | 2061-12-01 | 4.40% | US161175CC60 |