US Secured Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-secured-specialised-finance
US Secured Specialised Finance Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 6.94%, fitted curve 6M–25Y (4.65%–6.94%), 70 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.65% | — |
| 12M | 4.97% | 5.36% |
| 18M | 5.34% | 6.19% |
| 2Y | 5.71% | 7.03% |
| 3Y | 6.33% | 7.86% |
| 4Y | 6.68% | 8.06% |
| 5Y | 6.84% | 7.73% |
| 6Y | 6.90% | 7.42% |
| 7Y | 6.92% | 7.23% |
| 8Y | 6.93% | 7.14% |
| 9Y | 6.94% | 7.09% |
| 10Y | 6.94% | 7.07% |
| 20Y | 6.94% | 7.06% |
| 25Y | 6.94% | 7.06% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.71% and the 10-year 6.94%, a 10Y−2Y spread of +123 bp — positively sloped — 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 ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.71% | 5.61% | 5.15% | 5.59% | 5.45% | 6.24% | 5.96% |
| 10Y | 6.94% | 6.47% | 6.25% | — | — | — | — |
| 10Y − 2Y | +123 bp | +86 bp | +110 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 95 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.01%, A+ to BBB- 5.54%, Speculative 6.91%.
Bonds in this curve
A selection of 30 of the 102 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Rural Util Coop | 5.26% | 2027-04-25 | 3.05% | US637432NN13 |
| Prime Security Services Borrower LLC / Prime Finance INC | 5.58% | 2027-08-31 | 3.38% | USU7415PAG01 |
| Prime Security Services Borrower LLC / Prime Finance INC | 5.50% | 2027-08-31 | 3.38% | US74166MAF32 |
| LD Holdings Group LLC | 17.44% | 2027-11-01 | 8.75% | US521088AD62 |
| National Rural Util Coop | 4.79% | 2028-02-07 | 3.40% | US637432NP60 |
| MAV Acquisition Corp | 5.96% | 2028-08-01 | 5.75% | US57767XAA81 |
| PM General Purchaser LLC | 26.28% | 2028-10-01 | 9.50% | US69356MAA45 |
| Private Export Funding Corp | 4.69% | 2028-12-15 | 4.30% | US742651EA60 |
| Mozart Debt Merger SUB INC | 5.29% | 2029-04-01 | 3.88% | US62482BAA08 |
| Hunt COS INC | 6.59% | 2029-04-15 | 5.25% | US445587AE85 |
| Icahn Enterprises L.P. / Icahn Enterprises Finance Corp | 11.61% | 2029-11-15 | 10.00% | USU44927BD96 |
| Mobius Merger SUB INC | 19.92% | 2030-06-01 | 9.00% | US606950AA10 |
| Hercules Capital INC | 6.22% | 2030-06-16 | 6.00% | US427096AN29 |
| Verde Purchaser LLC | 9.20% | 2030-11-30 | 10.50% | US92339LAA08 |
| National Rural Util Coop | 5.06% | 2031-03-15 | 1.35% | US637432NW12 |
| National Rural Util Coop | 5.28% | 2031-06-15 | 1.65% | US637432NX94 |
| California Buyer LTD | 6.83% | 2032-02-15 | 6.38% | USG17736AA05 |
| National Rural Util Coop | 5.33% | 2032-11-01 | 4.02% | US637432MS19 |
| National Rural Util Coop | 5.28% | 2032-12-15 | 4.15% | US637432NZ43 |
| National Rural Util Coop | 5.42% | 2033-01-15 | 5.80% | US637432PA73 |
| OAK-Eagle Acquireco INC | 6.75% | 2033-07-01 | 7.25% | USU6302XAA47 |
| Prosus NV | 5.83% | 2033-07-13 | 5.53% | USN7163RBG76 |
| Michaels COS INC | 12.08% | 2034-03-15 | 11.00% | US59408QAA40 |
| National Rural Util Coop | 5.54% | 2034-08-15 | 5.00% | US637432PC30 |
| Citadel Securities LLC | 6.17% | 2035-06-18 | 6.20% | US17289RAB24 |
| Prosus NV | 6.03% | 2036-07-13 | 5.87% | US74365PAL22 |
| Prosus NV | 6.03% | 2036-07-13 | 5.87% | USN7163RBH59 |
| Jefferies Financial Group | 7.26% | 2045-07-18 | 6.50% | US47233WKE83 |
| National Rural Util Coop | 6.08% | 2049-03-15 | 4.30% | US637432NT82 |
| Beignet Investor LLC | 7.01% | 2049-05-30 | 6.58% | US076912AA21 |