US Secured Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-secured-metals-mining
US Secured Metals & Mining Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.61%, fitted curve 2Y–10Y (5.61%–6.91%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 2Y | 6.91% | — |
| 3Y | 6.87% | 6.91% |
| 4Y | 6.78% | 6.57% |
| 5Y | 6.59% | 5.76% |
| 6Y | 6.28% | 4.50% |
| 7Y | 5.96% | 3.69% |
| 8Y | 5.75% | 3.98% |
| 9Y | 5.65% | 4.67% |
| 10Y | 5.61% | 5.18% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.91% and the 10-year 5.61%, a 10Y−2Y spread of -131 bp — inverted — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-09 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 6.91% | 6.92% | 6.93% | 6.75% | 8.66% | 8.65% | 7.80% |
| 10Y | 5.61% | 5.39% | — | 5.26% | 5.23% | 5.01% | 5.17% |
| 10Y − 2Y | -131 bp | -154 bp | — | -149 bp | -343 bp | -364 bp | -263 bp |
Yields by rating group
The same curve split by credit quality: 44 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.54%, Speculative 7.05%.
Bonds in this curve
A selection of 30 of the 44 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Ardagh Metal Packaging Finance PLC / Ardagh Metal Packaging Finance USA LLC | 4.79% | 2028-09-01 | 3.25% | US03969YAA64 |
| Glencore PLC | 5.01% | 2028-10-06 | 6.12% | US378272BN78 |
| Glencore PLC | 5.25% | 2028-10-06 | 6.12% | USU37818BJ62 |
| Champion Iron Canada INC | 7.77% | 2029-02-15 | 8.75% | US15870LAA61 |
| Champion Iron Canada INC | 8.05% | 2029-02-15 | 8.75% | USU1585LAA99 |
| Suncoke Energy INC | 6.22% | 2029-06-30 | 4.88% | US86722AAD54 |
| Suncoke Energy INC | 6.82% | 2029-06-30 | 4.88% | USU86651AB92 |
| Coronado Finance PTY LTD | 14.67% | 2029-10-01 | 9.25% | US21979LAB27 |
| JW Alum Continuous Cast CO | 8.22% | 2030-04-01 | 10.25% | US46648XAB47 |
| Taseko Mines LTD | 6.89% | 2030-05-01 | 8.25% | US876511AG15 |
| Taseko Mines LTD | 7.00% | 2030-05-01 | 8.25% | USC8692MAD68 |
| Glencore PLC | 5.31% | 2030-10-06 | 6.38% | US378272BP27 |
| Glencore PLC | 5.42% | 2030-10-06 | 6.38% | USU37818BK36 |
| Skeena Resources Limited | 7.11% | 2031-04-01 | 8.50% | US83056PAA12 |
| Skeena RES LTD | 7.05% | 2031-04-01 | 8.50% | USC8T10XAA23 |
| Century Aluminum Company | 6.31% | 2032-08-01 | 6.88% | US156431AS72 |
| Volcan Compania Minera S A A | 7.84% | 2032-10-28 | 8.50% | USP98047AE63 |
| Volcan Compania Minera S A A | 7.74% | 2032-10-28 | 8.50% | US92863UAD81 |
| Barrick Mining Corporation | 4.99% | 2033-03-01 | 6.38% | US725906AH40 |
| Worthington Steel INC | 7.00% | 2033-06-01 | 7.75% | US982104AA93 |
| Glencore PLC | 5.63% | 2033-10-06 | 6.50% | USU37818BL19 |
| Glencore PLC | 5.54% | 2033-10-06 | 6.50% | US378272BQ00 |
| RIO Tinto PLC | 5.46% | 2033-12-15 | 6.12% | US013716AU93 |
| Hybar LLC | 7.11% | 2034-07-01 | 7.38% | US44861JAA25 |
| Barrick Mining Corporation | 5.61% | 2034-11-15 | 5.80% | US06849VAA17 |
| Newmont Corp | 5.58% | 2035-04-01 | 5.88% | US651639AE60 |
| RIO Tinto PLC | 5.67% | 2035-06-01 | 5.75% | US013716AW59 |
| Barrick Mining Corporation | 5.66% | 2035-10-15 | 6.45% | US725906AN18 |
| Barrick Mining Corporation | 5.77% | 2036-10-15 | 6.35% | US06849AAB52 |
| United States Steel Corp | 5.86% | 2037-06-01 | 6.65% | US912909AD03 |