United States Secured Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-secured-oil-gas-united-states-callable
United States Secured Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.46%, fitted curve 2Y–15Y (6.45%–7.04%), 27 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 2Y | 7.04% | — |
| 3Y | 6.99% | 6.99% |
| 4Y | 6.89% | 6.63% |
| 5Y | 6.74% | 6.12% |
| 6Y | 6.60% | 5.85% |
| 7Y | 6.52% | 5.98% |
| 8Y | 6.48% | 6.22% |
| 10Y | 6.46% | 6.44% |
| 15Y | 6.45% | 6.55% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 7.04% and the 10-year 6.46%, a 10Y−2Y spread of -59 bp — inverted — 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 ago2026-06-11 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 7.04% | 6.79% | 6.72% | 6.76% | 7.04% | 7.11% | 7.28% |
| 10Y | 6.46% | 6.19% | 6.23% | 6.41% | — | 5.84% | — |
| 10Y − 2Y | -59 bp | -59 bp | -49 bp | -34 bp | — | -127 bp | — |
Yields by rating group
The same curve split by credit quality: 57 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.73%, Speculative 7.14%.
Bonds in this curve
A selection of 30 of the 58 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Martin Midstream Partners LP / Martin Midstream Finance Corporation | 10.79% | 2028-02-15 | 11.50% | USU57363AF72 |
| Ovintiv INC | 4.54% | 2028-05-15 | 5.65% | US69047QAB86 |
| Oneok INC | 4.92% | 2028-09-30 | 6.88% | US682680AB90 |
| Cheniere Energy INC | 5.11% | 2028-10-15 | 4.62% | US16411RAK59 |
| Venture Global LNG INC | 6.26% | 2029-02-01 | 9.50% | US92332YAC57 |
| W & T Offshore INC | 8.56% | 2029-02-01 | 10.75% | US92922PAN69 |
| W & T Offshore INC | 9.56% | 2029-02-01 | 10.75% | USU85254AH08 |
| NGL Energy Operating LLC / NGL Energy Finance Corp | 6.77% | 2029-02-15 | 8.12% | US62922LAC28 |
| Karoon USA Finance INC | 9.16% | 2029-05-14 | 10.50% | USU24463AA68 |
| Summit Midstream Holdings LLC | 7.26% | 2029-10-31 | 8.62% | US86614JAA34 |
| Venture Global LNG INC | 6.23% | 2030-01-15 | 7.00% | US92332YAE14 |
| Talos Production INC | 7.41% | 2031-02-01 | 9.00% | USU83037AD01 |
| CQP Holdco LP & BIP-V Chinook Holdco LLC | 6.14% | 2031-06-15 | 5.50% | US12657NAA81 |
| RIO Grande LNG LLC | 5.72% | 2031-06-30 | 5.25% | US76711AAB35 |
| NGL Energy Operating LLC / NGL Energy Finance Corp | 7.49% | 2032-02-15 | 8.38% | US62922LAD01 |
| Bristow Group INC | 6.65% | 2033-02-01 | 6.75% | US11040GAB95 |
| Pioneer Opco LLC | 6.79% | 2033-05-15 | 7.00% | US72382NAA46 |
| Ovintiv INC | 5.73% | 2033-07-15 | 6.25% | US69047QAC69 |
| CQP Holdco LP & BIP-V Chinook Holdco LLC | 6.71% | 2033-12-15 | 7.50% | US12657NAB64 |
| RIO Grande LNG LLC | 6.03% | 2034-01-30 | 5.50% | US76711AAC18 |
| Coterra Energy INC | 5.87% | 2034-03-15 | 5.60% | US127097AL75 |
| Talos Production INC | 7.46% | 2034-07-15 | 8.00% | US87485LAF13 |
| Venture Global LNG INC | 6.63% | 2034-12-15 | 6.38% | US92332YAG61 |
| DT Midstream INC | 5.80% | 2034-12-15 | 5.80% | US23345MAD92 |
| Venture Global LNG INC | 6.64% | 2036-06-15 | 6.62% | US92332YAH45 |
| Venture Global LNG INC | 6.57% | 2036-06-15 | 6.62% | USU9220NAK73 |
| RIO Grande LNG LLC | 6.26% | 2036-06-30 | 5.75% | US76711AAD90 |
| RIO Grande LNG LLC | 6.19% | 2036-06-30 | 5.75% | USU7666VAC29 |
| RIO Grande LNG LLC | 6.58% | 2041-06-30 | 6.15% | US76711AAE73 |
| Ovintiv INC | 6.45% | 2053-07-15 | 7.10% | US69047QAD43 |