US Secured Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-secured-specialised-finance
US Secured Specialised Finance Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.63%, fitted curve 9M–25Y (4.59%–6.63%), 70 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.59% | — |
| 12M | 4.91% | 5.89% |
| 18M | 5.46% | 6.56% |
| 2Y | 5.86% | 7.08% |
| 3Y | 6.32% | 7.25% |
| 4Y | 6.51% | 7.09% |
| 5Y | 6.58% | 6.88% |
| 6Y | 6.61% | 6.75% |
| 7Y | 6.62% | 6.68% |
| 8Y | 6.63% | 6.65% |
| 9Y | 6.63% | 6.64% |
| 10Y | 6.63% | 6.63% |
| 20Y | 6.63% | 6.63% |
| 25Y | 6.63% | 6.63% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.86% and the 10-year 6.63%, a 10Y−2Y spread of +77 bp — positively sloped — 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 | 5.86% | 5.27% | 5.63% | 5.52% | 6.04% | 5.30% | 4.92% |
| 10Y | 6.63% | — | — | — | — | — | — |
| 10Y − 2Y | +77 bp | — | — | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 92 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.42%, A+ to BBB- 5.31%, Speculative 6.68%.
Bonds in this curve
A selection of 30 of the 99 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| National Rural Util Coop | 4.46% | 2027-04-25 | 3.05% | US637432NN13 |
| Prime Security Services Borrower LLC / Prime Finance INC | 5.30% | 2027-08-31 | 3.38% | US74166MAF32 |
| Global Aircraft Leasing CO LTD | 7.41% | 2027-09-01 | 8.75% | US37960JAC27 |
| Prime Security Services Borrower LLC / Prime Finance INC | 4.83% | 2027-08-31 | 3.38% | USU7415PAG01 |
| Propifi Bonds PLC | 8.09% | 2028-01-10 | 8.10% | GB00BMFXJ557 |
| National Rural Util Coop | 4.71% | 2028-02-07 | 3.40% | US637432NP60 |
| Land O Lakes Capital Trust I | 6.15% | 2028-03-15 | 7.45% | US514665AA61 |
| MAV Acquisition Corp | 6.10% | 2028-08-01 | 5.75% | US57767XAA81 |
| MAV Acquisition Corp | 5.75% | 2028-08-01 | 5.75% | USU5764AAA70 |
| Williams Scotsman INC | 5.09% | 2028-08-15 | 4.62% | US96950GAE26 |
| Mozart Debt Merger SUB INC | 5.24% | 2029-04-01 | 3.88% | US62482BAA08 |
| Icahn Enterprises L.P. / Icahn Enterprises Finance Corp | 10.29% | 2029-11-15 | 10.00% | USU44927BD96 |
| Propifi Bonds PLC | 8.05% | 2030-01-18 | 8.10% | GB00BS6XKJ76 |
| Rand Parent LLC | 7.52% | 2030-02-15 | 8.50% | US753272AA11 |
| Williams Scotsman INC | 6.00% | 2030-04-15 | 6.62% | US96949VAN38 |
| Encore Capital Group INC | 6.69% | 2030-05-15 | 8.50% | US292554AR36 |
| National Rural Util Coop | 4.85% | 2031-03-15 | 1.35% | US637432NW12 |
| National Rural Util Coop | 5.04% | 2031-06-15 | 1.65% | US637432NX94 |
| California Buyer LTD | 9.50% | 2032-02-15 | 6.38% | USG17736AA05 |
| National Rural Util Coop | 5.19% | 2033-01-15 | 5.80% | US637432PA73 |
| Michaels COS INC | 8.82% | 2033-03-15 | 8.50% | US59408QAB23 |
| Prosus NV | 5.66% | 2033-07-13 | 5.53% | USN7163RBG76 |
| Pennymac Financial Services INC | 7.63% | 2034-02-15 | 6.75% | US70932MAH07 |
| National Rural Util Coop | 5.25% | 2034-08-15 | 5.00% | US637432PC30 |
| Solar Star Funding LLC | 5.47% | 2035-06-30 | 5.38% | US83416WAA18 |
| Prosus NV | 5.97% | 2036-07-13 | 5.87% | USN7163RBH59 |
| Prosus NV | 5.97% | 2036-07-13 | 5.87% | US74365PAL22 |
| Jefferies Financial Group | 6.89% | 2045-07-18 | 6.50% | US47233WKE83 |
| National Rural Util Coop | 5.89% | 2049-03-15 | 4.30% | US637432NT82 |
| Beignet Investor LLC | 6.97% | 2049-05-30 | 6.58% | US076912AA21 |