United States Secured Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-secured-united-states-non-callable
United States Secured Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.59%, fitted curve 6M–30Y (4.48%–6.01%), 79 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.48% | — |
| 9M | 4.59% | 4.81% |
| 12M | 4.70% | 5.01% |
| 18M | 4.82% | 5.07% |
| 2Y | 4.87% | 5.03% |
| 3Y | 4.95% | 5.10% |
| 4Y | 5.03% | 5.28% |
| 5Y | 5.12% | 5.48% |
| 6Y | 5.22% | 5.70% |
| 7Y | 5.32% | 5.91% |
| 8Y | 5.41% | 6.10% |
| 9Y | 5.51% | 6.26% |
| 10Y | 5.59% | 6.37% |
| 15Y | 5.88% | 6.45% |
| 20Y | 5.97% | 6.27% |
| 25Y | 6.00% | 6.11% |
| 30Y | 6.01% | 6.04% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.87% and the 10-year 5.59%, a 10Y−2Y spread of +72 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 | 4.87% | 4.80% | 4.64% | 4.42% | 4.50% | 4.07% | 4.09% |
| 10Y | 5.59% | 5.41% | 5.45% | 5.34% | 5.61% | 5.11% | 5.06% |
| 10Y − 2Y | +72 bp | +61 bp | +81 bp | +92 bp | +110 bp | +104 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 104 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.04%, A+ to BBB- 5.16%, Speculative 5.88%.
Bonds in this curve
A selection of 30 of the 106 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Tosco Corp | 4.43% | 2027-01-01 | 7.80% | US891490AR57 |
| S&P Global INC | 4.90% | 2027-03-01 | 2.45% | USU75091AN57 |
| Comcast Cable Communications INC | 4.10% | 2027-05-01 | 8.50% | US20029PAH29 |
| Metropolitan Life Global Funding I | 4.40% | 2027-06-11 | 5.05% | US592179KL87 |
| IBM Corp | 4.80% | 2027-08-01 | 6.22% | US459200AR21 |
| Corebridge Financial INC | 5.06% | 2028-01-07 | 4.90% | US00138EBE32 |
| IBM Corp | 4.82% | 2028-01-15 | 6.50% | US459200AS04 |
| Pacific GAS & Electric | 5.79% | 2028-07-01 | 5.00% | US69331CAH16 |
| Corebridge Financial INC | 5.15% | 2028-09-19 | 5.90% | US00138EAV65 |
| Corebridge Financial INC | 5.10% | 2029-05-29 | 4.80% | US00138EBP88 |
| Corebridge Financial INC | 5.19% | 2029-06-24 | 5.20% | US00138EBA10 |
| Commonwealth Edison CO | 4.94% | 2030-03-01 | 2.20% | US202795JR27 |
| Guardian Life Insurance Company of America | 5.11% | 2030-04-28 | 4.80% | US40139MBK62 |
| Guardian Life Insurance Company of America | 5.10% | 2031-06-01 | 4.81% | US40139MBR16 |
| Oncor Electric Delivery Company LLC | 5.06% | 2032-05-01 | 7.00% | US68233DAT46 |
| Corebridge Financial INC | 5.37% | 2032-08-21 | 4.90% | US00138CBH07 |
| Citigroup INC | 5.46% | 2033-02-22 | 5.88% | US172967BU43 |
| Public Service Electric & GAS CO | 5.08% | 2033-03-15 | 4.65% | US74456QCL86 |
| Goldman Sachs Group INC | 5.88% | 2034-02-15 | 6.34% | US38143VAA70 |
| Public Service Electric & GAS CO | 5.21% | 2034-03-01 | 5.20% | US74456QCQ73 |
| Florida Power & Light CO | 5.16% | 2035-02-01 | 5.65% | US341081ES20 |
| Public Service Electric & GAS CO | 5.32% | 2035-03-01 | 5.05% | US74456QCU85 |
| Pacific GAS & Electric | 5.82% | 2036-05-01 | 5.20% | US694308LA38 |
| Dell Technologies | 5.84% | 2036-07-15 | 8.10% | US24703TAJ51 |
| Florida Power & Light CO | 5.63% | 2040-03-01 | 5.69% | US341081FC68 |
| Boeing CO | 6.23% | 2043-04-15 | 7.88% | US097023AK13 |
| Dell Technologies | 6.24% | 2046-07-15 | 8.35% | US24703TAK25 |
| Commonwealth Edison CO | 6.05% | 2050-03-01 | 3.00% | US202795JS00 |
| Midamerican Energy CO | 5.83% | 2052-08-01 | 2.70% | US595620AW50 |
| Public Service Electric & GAS CO | 6.00% | 2054-03-04 | 5.45% | US74456QCR56 |