US Secured Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-secured-oil-gas
US Secured Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.97%, fitted curve 6M–30Y (5.91%–7.25%), 53 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 7.25% | — |
| 9M | 7.25% | 7.25% |
| 18M | 7.25% | 7.25% |
| 2Y | 7.25% | 7.23% |
| 3Y | 7.23% | 7.20% |
| 4Y | 7.19% | 7.07% |
| 5Y | 7.09% | 6.69% |
| 6Y | 6.88% | 5.86% |
| 7Y | 6.57% | 4.70% |
| 8Y | 6.26% | 4.12% |
| 9Y | 6.06% | 4.49% |
| 10Y | 5.97% | 5.12% |
| 15Y | 5.91% | 5.78% |
| 30Y | 5.91% | 5.91% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 7.25% and the 10-year 5.97%, a 10Y−2Y spread of -128 bp — inverted — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 7.25% | 7.94% | 7.00% | 7.17% | 7.24% | 7.24% | 7.45% |
| 10Y | 5.97% | 5.42% | 5.83% | — | — | 5.33% | 5.29% |
| 10Y − 2Y | -128 bp | -252 bp | -116 bp | — | — | -192 bp | -217 bp |
Yields by rating group
The same curve split by credit quality: 94 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.35%, A+ to BBB- 5.57%, Speculative 7.21%.
Bonds in this curve
A selection of 30 of the 99 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Tosco Corp | 4.43% | 2027-01-01 | 7.80% | US891490AR57 |
| RIO OIL Finance Trust | 9.41% | 2027-01-06 | 9.75% | USU76673AB55 |
| Transocean INC | 6.78% | 2027-04-15 | 8.00% | US893817AB24 |
| Transocean INC | 6.02% | 2027-04-15 | 7.45% | US893817AA41 |
| VOC Escrow LTD | 5.22% | 2028-02-15 | 5.00% | US91832VAA26 |
| Transocean INC | 6.85% | 2028-09-30 | 8.00% | US893790AA34 |
| Cheniere Energy INC | 4.87% | 2028-10-15 | 4.62% | US16411RAK59 |
| Citgo Petroleum Corp | 7.06% | 2029-01-15 | 8.38% | USU17185AH96 |
| Venture Global LNG INC | 6.21% | 2029-02-01 | 9.50% | US92332YAC57 |
| Shearwater Geoservices | 11.99% | 2029-04-03 | 9.50% | NO0013182766 |
| Karoon USA Finance INC | 9.32% | 2029-05-14 | 10.50% | USU24463AA68 |
| Viridien SA | 8.33% | 2030-10-01 | 10.00% | USF1704TAC11 |
| YPF Sociedad Anonima | 7.74% | 2031-01-17 | 9.50% | USP989MJBU46 |
| YPF Sociedad Anonima | 7.64% | 2031-01-17 | 9.50% | US984245AX84 |
| Talos Production INC | 7.87% | 2031-02-01 | 9.38% | US87485LAE48 |
| CQP Holdco LP & BIP-V Chinook Holdco LLC | 6.13% | 2031-06-15 | 5.50% | US12657NAA81 |
| MC Brazil Downstream Trading S A R L | 8.38% | 2031-06-30 | 7.25% | USL626A6AA24 |
| Venture Global LNG INC | 8.30% | 2032-02-01 | 9.88% | USU9220NAD31 |
| NGL Energy Operating LLC / NGL Energy Finance Corp | 7.38% | 2032-02-15 | 8.38% | US62922LAD01 |
| Northriver Midstream Finance LP | 6.53% | 2032-07-15 | 6.75% | US66679NAB64 |
| Pioneer Opco LLC | 6.79% | 2033-05-15 | 7.00% | US72382NAA46 |
| China National Offshore Oil Corporation (Cnooc Group) | 4.82% | 2033-05-21 | 5.50% | USG21886AB53 |
| RIO Grande LNG LLC | 5.83% | 2034-01-30 | 5.50% | US76711AAC18 |
| Coterra Energy INC | 5.73% | 2034-03-15 | 5.60% | US127097AL75 |
| PTT Public Company Limited | 5.60% | 2035-08-03 | 5.88% | USY71548AX22 |
| Venture Global LNG INC | 6.76% | 2036-06-15 | 6.62% | US92332YAH45 |
| RIO Grande LNG LLC | 6.11% | 2036-06-30 | 5.75% | US76711AAD90 |
| RIO Grande LNG LLC | 6.45% | 2041-06-30 | 6.15% | US76711AAE73 |
| RIO Grande LNG LLC | 6.26% | 2041-06-30 | 6.15% | USU7666VAD02 |
| Pttep Treasury Center CO LTD | 5.84% | 2059-12-06 | 3.90% | USY7150MAE76 |