United States Secured Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-secured-utilities-power-united-states-callable
United States Secured Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.72%, fitted curve 3M–40Y (4.25%–6.24%), 621 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.25% | — |
| 6M | 4.38% | 4.60% |
| 9M | 4.53% | 5.02% |
| 12M | 4.67% | 5.02% |
| 18M | 4.81% | 5.19% |
| 2Y | 4.89% | 5.21% |
| 3Y | 5.02% | 5.37% |
| 4Y | 5.14% | 5.63% |
| 5Y | 5.26% | 5.88% |
| 6Y | 5.37% | 6.10% |
| 7Y | 5.47% | 6.31% |
| 8Y | 5.56% | 6.49% |
| 9Y | 5.65% | 6.64% |
| 10Y | 5.72% | 6.77% |
| 15Y | 5.99% | 6.99% |
| 20Y | 6.13% | 7.06% |
| 25Y | 6.19% | 6.93% |
| 30Y | 6.22% | 6.76% |
| 40Y | 6.24% | 6.57% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.89% and the 10-year 5.72%, a 10Y−2Y spread of +83 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.89% | 4.74% | 4.72% | 4.62% | 4.53% | 4.35% | 4.16% |
| 10Y | 5.72% | 5.55% | 5.41% | 5.37% | 5.27% | 5.20% | 5.12% |
| 10Y − 2Y | +83 bp | +82 bp | +70 bp | +75 bp | +74 bp | +86 bp | +97 bp |
Yields by rating group
The same curve split by credit quality: 684 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.94%, A+ to BBB- 5.95%, Speculative 7.23%.
Bonds in this curve
A selection of 30 of the 685 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 | 4.22% | 2027-01-15 | 3.20% | US26444HAC51 |
| Centerpoint Energy INC | 4.37% | 2027-02-01 | 3.00% | US15189XAR98 |
| Southern California Edison Company | 4.67% | 2027-02-01 | 4.88% | US842400JA26 |
| Midamerican Energy CO | 4.30% | 2027-05-01 | 3.10% | US595620AQ82 |
| DTE Electric CO | 4.22% | 2027-05-14 | 4.25% | US23338VAW63 |
| Pacific GAS & Electric | 4.82% | 2027-08-01 | 2.10% | US694308JF52 |
| Commonwealth Edison CO | 4.42% | 2027-08-15 | 2.95% | US202795JK73 |
| Consumers Energy CO | 4.75% | 2028-03-01 | 4.65% | US210518DS21 |
| Southern California Edison Company | 5.22% | 2028-03-01 | 3.65% | US842400GJ61 |
| Pacific GAS & Electric | 5.24% | 2028-06-15 | 3.00% | US694308JW85 |
| Public Service Company of Colorado | 5.03% | 2028-06-15 | 3.70% | US744448CP44 |
| Duke Energy Corporation | 4.95% | 2029-03-15 | 3.45% | US26442UAH77 |
| Oncor Electric Delivery Company LLC | 5.13% | 2029-03-15 | 5.75% | US68233JBK97 |
| Centerpoint Energy INC | 5.15% | 2030-03-15 | 4.80% | US15189XBG25 |
| Duke Energy Corporation | 5.16% | 2030-03-15 | 4.85% | US26442CBP86 |
| Atlantic City Electric CO | 5.25% | 2031-03-15 | 2.30% | US048303CJ83 |
| Oncor Electric Delivery Company LLC | 5.35% | 2031-03-15 | 4.50% | US68233JDL52 |
| Duke Energy Corporation | 5.36% | 2032-03-15 | 2.85% | US26442CBG87 |
| Public Service Electric & GAS CO | 5.24% | 2032-03-15 | 3.10% | US74456QCJ31 |
| Duke Energy Corporation | 5.40% | 2033-03-15 | 5.25% | US26442UAQ76 |
| Public Service Electric & GAS CO | 5.44% | 2033-03-15 | 4.65% | US74456QCL86 |
| Duke Energy Corporation | 5.39% | 2034-03-15 | 5.10% | US26442UAS33 |
| Duke Energy Corporation | 5.61% | 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 |
| Dominion Energy South Carolina INC | 6.80% | 2064-06-01 | 4.50% | US837004CH18 |