United States Secured Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-secured-united-states-non-callable
United States Secured Non-Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.75%, fitted curve 3M–30Y (4.52%–5.92%), 65 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.52% | — |
| 9M | 4.62% | 4.78% |
| 12M | 4.67% | 4.83% |
| 18M | 4.77% | 5.03% |
| 2Y | 4.86% | 5.23% |
| 3Y | 5.04% | 5.50% |
| 4Y | 5.20% | 5.82% |
| 5Y | 5.34% | 6.07% |
| 6Y | 5.46% | 6.25% |
| 7Y | 5.55% | 6.38% |
| 8Y | 5.63% | 6.45% |
| 9Y | 5.70% | 6.47% |
| 10Y | 5.75% | 6.47% |
| 15Y | 5.88% | 6.37% |
| 30Y | 5.92% | 6.10% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.86% and the 10-year 5.75%, a 10Y−2Y spread of +89 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 | 4.86% | 4.82% | 4.77% | 4.60% | 4.50% | 4.42% | 4.25% |
| 10Y | 5.75% | 5.68% | 5.50% | 5.44% | 5.36% | 5.43% | 5.21% |
| 10Y − 2Y | +89 bp | +86 bp | +73 bp | +85 bp | +86 bp | +101 bp | +96 bp |
Yields by rating group
The same curve split by credit quality: 87 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.98%, A+ to BBB- 5.20%, Speculative 6.43%.
Bonds in this curve
A selection of 30 of the 90 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Tosco Corp | 4.45% | 2027-01-01 | 7.80% | US891490AR57 |
| Comcast Cable Communications INC | 5.02% | 2027-05-01 | 8.50% | US20029PAH29 |
| Metropolitan Life Global Funding I | 4.32% | 2027-06-11 | 5.05% | US592179KL87 |
| IBM Corp | 4.89% | 2027-08-01 | 6.22% | US459200AR21 |
| Corebridge Financial INC | 4.57% | 2027-08-20 | 4.65% | US00138CBB37 |
| Ingersoll Rand INC | 4.51% | 2027-11-15 | 6.44% | US456866AM43 |
| Target Corp | 4.53% | 2028-01-01 | 6.75% | US239753DJ25 |
| Corebridge Financial INC | 5.16% | 2028-01-07 | 4.90% | US00138EBE32 |
| IBM Corp | 5.02% | 2028-01-15 | 6.50% | US459200AS04 |
| Pacific GAS & Electric | 5.20% | 2028-07-01 | 3.75% | US694308JK48 |
| Guardian Life Insurance Company of America | 4.76% | 2028-09-05 | 4.07% | US40139MBM29 |
| Corebridge Financial INC | 5.33% | 2029-01-12 | 5.20% | US00138EAX22 |
| Corebridge Financial INC | 5.19% | 2029-05-29 | 4.80% | US00138EBP88 |
| Corebridge Financial INC | 5.33% | 2029-06-24 | 5.20% | US00138EBA10 |
| Metropolitan Life Global Funding I | 4.98% | 2029-08-24 | 4.75% | US592179KX26 |
| Guardian Life Insurance Company of America | 5.32% | 2030-04-28 | 4.80% | US40139MBK62 |
| Corebridge Financial INC | 5.46% | 2030-06-06 | 4.85% | US00138EBG89 |
| Guardian Life Insurance Company of America | 5.30% | 2030-12-11 | 4.40% | US40139MBP59 |
| Guardian Life Insurance Company of America | 5.35% | 2031-06-01 | 4.81% | US40139MBR16 |
| Oncor Electric Delivery Company LLC | 5.20% | 2032-05-01 | 7.00% | US68233DAT46 |
| Corebridge Financial INC | 5.41% | 2032-08-21 | 4.90% | US00138CBH07 |
| Guardian Life Insurance Company of America | 5.46% | 2033-04-30 | 4.92% | US40139MBQ33 |
| Verizon Communications | 5.99% | 2033-06-15 | 5.12% | US92344WAB72 |
| Florida Power & Light CO | 5.36% | 2034-04-01 | 5.62% | US341081EQ63 |
| Ohana Military Communities LLC | 5.72% | 2034-10-01 | 6.04% | US677071AB89 |
| Johnson Controls INC | 6.98% | 2036-01-15 | 6.00% | US478366AN74 |
| Nevada Power CO | 5.79% | 2036-04-01 | 6.65% | US641423BP26 |
| Citigroup INC | 6.43% | 2036-12-01 | 7.62% | US17305HAA68 |
| Florida Power & Light CO | 5.89% | 2040-03-01 | 5.69% | US341081FC68 |
| Cumberland Combined Cycle Generation LLC | 5.91% | 2056-05-15 | 5.82% | US229917AA70 |