Canada Secured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-secured-canada-callable
Canada Secured Callable Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.68%, fitted curve 1M–10Y (4.04%–6.68%), 61 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.04% | — |
| 6M | 4.46% | 4.60% |
| 9M | 4.72% | 5.58% |
| 12M | 4.97% | 5.58% |
| 18M | 5.45% | 6.54% |
| 2Y | 5.83% | 7.20% |
| 3Y | 6.33% | 7.55% |
| 4Y | 6.54% | 7.44% |
| 5Y | 6.63% | 7.17% |
| 6Y | 6.67% | 6.99% |
| 7Y | 6.68% | 6.89% |
| 8Y | 6.68% | 6.84% |
| 9Y | 6.68% | 6.81% |
| 10Y | 6.68% | 6.80% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.83% and the 10-year 6.68%, a 10Y−2Y spread of +85 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 | 5.83% | 6.42% | 6.19% | 6.32% | 6.03% | 6.86% | 5.31% |
| 10Y | 6.68% | 7.18% | 6.84% | — | 6.72% | 5.04% | 5.59% |
| 10Y − 2Y | +85 bp | +76 bp | +65 bp | — | +69 bp | -182 bp | +29 bp |
Yields by rating group
The same curve split by credit quality: 86 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.41%, A+ to BBB- 5.57%, Speculative 7.10%.
Bonds in this curve
A selection of 30 of the 87 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Federation des Caisses Desjardins du Quebec | 3.95% | 2026-10-14 | 1.20% | US31430WJB19 |
| Federation des Caisses Desjardins du Quebec | 3.98% | 2026-10-14 | 1.20% | USC34201MF48 |
| Royal Bank of Canada | 4.62% | 2026-11-02 | 1.40% | US78016EZZ32 |
| Bank of Nova Scotia | 4.88% | 2027-03-09 | 2.17% | USC0574BAB48 |
| Royal Bank of Canada | 5.02% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Brookfield Corporation | 6.98% | 2027-04-01 | 4.50% | US11284DAC92 |
| Toronto-Dominion Bank | 4.41% | 2027-07-16 | 4.81% | US891160TE35 |
| Open Text Corp | 5.63% | 2027-12-01 | 6.90% | US683715AF36 |
| 1011778 B C Unlimited Liability CO / NEW RED FIN INC | 5.03% | 2028-01-15 | 3.88% | US68245XAH26 |
| Bausch Health Companies INC | 7.71% | 2028-06-01 | 4.88% | US071734AN72 |
| Bausch Health Companies INC | 7.71% | 2028-06-01 | 4.88% | USC07885AJ21 |
| Toronto-Dominion Bank | 4.64% | 2028-09-13 | 5.14% | USC8920GAA97 |
| Bausch Health Companies INC | 8.05% | 2028-09-30 | 11.00% | US071734AQ04 |
| Bausch Health Companies INC | 8.33% | 2028-10-01 | 8.38% | USC0787WAA39 |
| Primo Water Holdings INC / Triton Water Holdings INC | 6.32% | 2029-04-01 | 6.25% | US74168RAC79 |
| Primo Water Holdings INC / Triton Water Holdings INC | 5.35% | 2029-04-30 | 4.38% | US74168RAB96 |
| Clarios Global LP / Clarios US FIN CO INC | 6.05% | 2030-02-15 | 6.75% | US18060TAD72 |
| Jones Deslauriers INS Mgmt INC | 7.82% | 2030-03-15 | 8.50% | US48020RAB15 |
| Taseko Mines LTD | 7.00% | 2030-05-01 | 8.25% | USC8692MAD68 |
| Garda World Security Corp | 6.22% | 2031-01-15 | 6.50% | US36485MAQ24 |
| Skeena Resources Limited | 7.15% | 2031-04-01 | 8.50% | US83056PAA12 |
| Skeena RES LTD | 7.05% | 2031-04-01 | 8.50% | USC8T10XAA23 |
| Royal Bank of Canada | 5.24% | 2031-11-03 | 2.30% | US78016EYH43 |
| Northriver Midstream Finance LP | 6.41% | 2032-07-15 | 6.75% | US66679NAB64 |
| Arclin Escrow Issuer INC | 9.55% | 2033-03-01 | 9.75% | US03881HAA86 |
| OAK-Eagle Acquireco INC | 6.71% | 2033-07-01 | 7.25% | US67124CAA18 |
| OAK-Eagle Acquireco INC | 6.75% | 2033-07-01 | 7.25% | USU6302XAA47 |
| Barrick Mining Corporation | 5.61% | 2034-11-15 | 5.80% | US06849VAA17 |
| Barrick Mining Corporation | 5.66% | 2035-10-15 | 6.45% | US725906AN18 |
| Barrick Mining Corporation | 5.77% | 2036-10-15 | 6.35% | US06849AAB52 |