US AAA–AA Secured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-secured-aaa-aa-callable
US AAA–AA Secured Callable Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.58%, fitted curve 1M–40Y (4.38%–6.22%), 178 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.38% | — |
| 3M | 4.41% | 4.42% |
| 6M | 4.45% | 4.59% |
| 9M | 4.49% | 4.66% |
| 12M | 4.53% | 4.66% |
| 18M | 4.61% | 4.83% |
| 2Y | 4.69% | 5.00% |
| 3Y | 4.84% | 5.25% |
| 4Y | 4.99% | 5.56% |
| 5Y | 5.13% | 5.84% |
| 6Y | 5.25% | 6.08% |
| 7Y | 5.36% | 6.24% |
| 8Y | 5.45% | 6.33% |
| 9Y | 5.52% | 6.35% |
| 10Y | 5.58% | 6.37% |
| 15Y | 5.91% | 7.15% |
| 20Y | 6.11% | 7.46% |
| 25Y | 6.18% | 6.91% |
| 30Y | 6.20% | 6.71% |
| 40Y | 6.22% | 6.51% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.69% and the 10-year 5.58%, a 10Y−2Y spread of +89 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 | 4.69% | 4.59% | 4.46% | 4.41% | 4.33% | 4.17% | 4.02% |
| 10Y | 5.58% | 5.42% | 5.20% | 5.25% | 5.08% | 5.07% | 5.02% |
| 10Y − 2Y | +89 bp | +84 bp | +74 bp | +84 bp | +75 bp | +90 bp | +100 bp |
Bonds in this curve
A selection of 30 of the 200 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Westpac Banking Corporation | 4.14% | 2026-09-30 | 1.55% | USQ97417FA49 |
| Nationwide Building Society | 6.50% | 2026-11-10 | 5.26% | US638602BS06 |
| DTE Electric CO | 3.89% | 2026-12-01 | 4.85% | US23338VAU08 |
| Duke Energy Corporation | 4.20% | 2026-12-01 | 2.95% | US26442CAS35 |
| Duke Energy Corporation | 4.22% | 2027-03-06 | 4.35% | US26442UAT16 |
| Royal Bank of Canada | 5.02% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Midamerican Energy CO | 4.30% | 2027-05-01 | 3.10% | US595620AQ82 |
| DTE Electric CO | 4.22% | 2027-05-14 | 4.25% | US23338VAW63 |
| Qatar Energy | 6.46% | 2027-09-30 | 5.84% | USM8222MAA01 |
| Burlington Northern Santa FE LLC | 4.37% | 2027-12-01 | 6.88% | US12189TAG94 |
| DTE Electric CO | 4.79% | 2028-04-01 | 1.90% | US23338VAN64 |
| Florida Power & Light CO | 4.72% | 2028-04-01 | 5.05% | US341081GK75 |
| Duke Energy Corporation | 4.85% | 2028-09-01 | 3.70% | US26442UAG94 |
| Toronto-Dominion Bank | 4.64% | 2028-09-13 | 5.14% | USC8920GAA97 |
| Duke Energy Corporation | 4.95% | 2029-03-15 | 3.45% | US26442UAH77 |
| Midamerican Energy CO | 4.96% | 2029-04-15 | 3.65% | US595620AT22 |
| Duke Energy Corporation | 5.16% | 2030-03-15 | 4.85% | US26442CBP86 |
| DTE Electric CO | 5.27% | 2031-03-01 | 2.62% | US23338VAM81 |
| Northern States PWR-Minn | 5.21% | 2031-04-01 | 2.25% | US665772CT43 |
| Duke Energy Corporation | 5.36% | 2031-04-15 | 2.55% | US26442CBB90 |
| Duke Energy Corporation | 5.36% | 2032-03-15 | 2.85% | US26442CBG87 |
| Duke Energy Corporation | 5.40% | 2033-03-15 | 5.25% | US26442UAQ76 |
| Duke Energy Corporation | 5.39% | 2034-03-15 | 5.10% | US26442UAS33 |
| Duke Energy Corporation | 5.61% | 2035-03-15 | 5.25% | US26442CBQ69 |
| Duke Energy Corporation | 5.60% | 2036-03-15 | 4.95% | US26443TAG13 |
| Florida Power & Light CO | 5.83% | 2039-04-01 | 5.96% | US341081FB85 |
| Florida Power & Light CO | 6.08% | 2044-10-01 | 4.05% | US341081FL67 |
| Midamerican Energy CO | 6.21% | 2049-07-15 | 4.25% | US595620AU94 |
| Northern States PWR-Minn | 6.13% | 2054-03-15 | 5.40% | US665772CY38 |
| Florida Power & Light CO | 6.30% | 2065-03-15 | 5.80% | US341081GZ45 |