US Secured Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-secured-utilities-power-callable
US Secured Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.72%, fitted curve 3M–40Y (4.81%–6.20%), 650 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.81% | — |
| 6M | 4.83% | 4.97% |
| 9M | 4.85% | 4.97% |
| 12M | 4.87% | 4.97% |
| 18M | 4.91% | 5.07% |
| 2Y | 4.96% | 5.17% |
| 3Y | 5.05% | 5.33% |
| 4Y | 5.15% | 5.56% |
| 5Y | 5.25% | 5.80% |
| 6Y | 5.36% | 6.05% |
| 7Y | 5.46% | 6.29% |
| 8Y | 5.55% | 6.50% |
| 9Y | 5.64% | 6.69% |
| 10Y | 5.72% | 6.84% |
| 15Y | 6.01% | 7.06% |
| 20Y | 6.13% | 6.99% |
| 25Y | 6.18% | 6.73% |
| 30Y | 6.19% | 6.53% |
| 40Y | 6.20% | 6.39% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.96% and the 10-year 5.72%, a 10Y−2Y spread of +76 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 | 4.96% | 4.78% | 4.71% | 4.68% | 4.48% | 4.32% | 4.19% |
| 10Y | 5.72% | 5.57% | 5.39% | 5.36% | 5.28% | 5.16% | 5.11% |
| 10Y − 2Y | +76 bp | +79 bp | +68 bp | +67 bp | +80 bp | +83 bp | +92 bp |
Yields by rating group
The same curve split by credit quality: 720 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.93%, A+ to BBB- 5.94%, Speculative 7.04%.
Bonds in this curve
A selection of 30 of the 722 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Duke Energy Corporation | 4.20% | 2026-12-01 | 2.95% | US26442CAS35 |
| Duke Energy Corporation | 4.74% | 2027-01-15 | 3.20% | US26444HAC51 |
| Centerpoint Energy INC | 5.58% | 2027-02-01 | 3.00% | US15189XAR98 |
| Duke Energy Corporation | 4.52% | 2027-03-06 | 4.35% | US26442UAT16 |
| Midamerican Energy CO | 4.58% | 2027-05-01 | 3.10% | US595620AQ82 |
| DTE Electric CO | 4.39% | 2027-05-14 | 4.25% | US23338VAW63 |
| Pacific GAS & Electric | 5.36% | 2027-08-01 | 2.10% | US694308JF52 |
| Commonwealth Edison CO | 4.91% | 2027-08-15 | 2.95% | US202795JK73 |
| Southern California Edison Company | 5.26% | 2028-03-01 | 5.30% | US842400HU08 |
| DTE Electric CO | 4.90% | 2028-04-01 | 1.90% | US23338VAN64 |
| Pacific GAS & Electric | 5.29% | 2028-06-15 | 3.00% | US694308JW85 |
| Public Service Company of Colorado | 5.03% | 2028-06-15 | 3.70% | US744448CP44 |
| Duke Energy Corporation | 4.98% | 2029-03-15 | 3.45% | US26442UAH77 |
| Midamerican Energy CO | 5.01% | 2029-04-15 | 3.65% | US595620AT22 |
| Centerpoint Energy INC | 5.16% | 2030-03-15 | 4.80% | US15189XBG25 |
| Duke Energy Corporation | 5.01% | 2030-03-15 | 4.85% | US26442CBP86 |
| Northern States PWR-Minn | 5.21% | 2031-04-01 | 2.25% | US665772CT43 |
| Duke Energy Corporation | 5.18% | 2031-04-15 | 2.55% | US26442CBB90 |
| Duke Energy Corporation | 5.29% | 2032-03-15 | 2.85% | US26442CBG87 |
| Union Electric CO | 5.22% | 2032-03-15 | 2.15% | US906548CT77 |
| Duke Energy Corporation | 5.47% | 2033-03-15 | 5.25% | US26442UAQ76 |
| Public Service Electric & GAS CO | 5.41% | 2033-03-15 | 4.65% | US74456QCL86 |
| Duke Energy Corporation | 5.42% | 2034-03-15 | 5.10% | US26442UAS33 |
| Duke Energy Corporation | 5.51% | 2035-03-15 | 5.25% | US26442CBQ69 |
| Commonwealth Edison CO | 5.66% | 2036-03-15 | 5.90% | US202795HK91 |
| Southern California Edison Company | 6.42% | 2039-03-15 | 6.05% | US842400FL27 |
| Centerpoint Energy INC | 6.08% | 2044-04-01 | 4.50% | US15189XAN84 |
| Ameren Corporation | 6.12% | 2049-03-15 | 4.50% | US02361DAT72 |
| Entergy Corporation | 6.31% | 2054-03-15 | 5.70% | US29364WBN74 |
| Florida Power & Light CO | 6.30% | 2065-03-15 | 5.80% | US341081GZ45 |