Canada A–BBB Senior Unsecured Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-a-bbb-banks-canada
Canada A–BBB Senior Unsecured Banks Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.89%, fitted curve 1M–25Y (4.50%–6.46%), 237 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.50% | — |
| 3M | 4.53% | 4.55% |
| 6M | 4.57% | 4.72% |
| 9M | 4.62% | 4.80% |
| 12M | 4.66% | 4.80% |
| 18M | 4.75% | 4.98% |
| 2Y | 4.83% | 5.16% |
| 3Y | 5.00% | 5.43% |
| 4Y | 5.15% | 5.76% |
| 5Y | 5.30% | 6.08% |
| 6Y | 5.44% | 6.38% |
| 7Y | 5.57% | 6.64% |
| 8Y | 5.69% | 6.86% |
| 9Y | 5.80% | 7.06% |
| 10Y | 5.89% | 7.21% |
| 15Y | 6.22% | 7.48% |
| 20Y | 6.39% | 7.53% |
| 25Y | 6.46% | 7.34% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.83% and the 10-year 5.89%, a 10Y−2Y spread of +106 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 | 4.83% | 4.71% | 4.70% | 4.56% | 4.45% | 4.44% | 4.19% |
| 10Y | 5.89% | 5.70% | 5.89% | 5.41% | 5.44% | 5.23% | 5.13% |
| 10Y − 2Y | +106 bp | +99 bp | +119 bp | +86 bp | +100 bp | +78 bp | +95 bp |
Bonds in this curve
A selection of 30 of the 664 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Bank of Montreal | 4.69% | 2026-10-29 | 1.50% | US06368G2A41 |
| Bank of Nova Scotia | 4.42% | 2026-12-07 | 5.35% | US06418JAA97 |
| Bank of Montreal | 4.73% | 2026-12-11 | 5.27% | US06368LC537 |
| Bank of Nova Scotia | 4.58% | 2027-02-02 | 1.95% | US06417XAD30 |
| Bank of Nova Scotia | 4.53% | 2027-03-11 | 2.95% | US06418BAE83 |
| Bank of Montreal | 4.54% | 2027-06-04 | 5.37% | US06368L3K06 |
| Bank of Nova Scotia | 4.64% | 2027-06-04 | 5.40% | US06418GAH02 |
| Royal Bank of Canada | 4.43% | 2027-08-03 | 4.24% | US78016FZS63 |
| Toronto-Dominion Bank | 4.59% | 2027-09-15 | 4.69% | US89115A2H42 |
| Toronto-Dominion Bank | 4.85% | 2028-01-10 | 5.16% | US89115A2M37 |
| Royal Bank of Canada | 4.68% | 2028-01-12 | 4.90% | US78016FZW75 |
| Bank of Nova Scotia | 4.72% | 2028-06-12 | 5.25% | US06418GAD97 |
| Toronto-Dominion Bank | 4.93% | 2028-07-17 | 5.52% | US89115A2U52 |
| Toronto-Dominion Bank | 5.05% | 2029-04-05 | 4.99% | US89115A2Y74 |
| Canadian Imperial Bank of Commerce | 5.01% | 2029-04-08 | 5.26% | US13608JAA51 |
| Royal Bank of Canada | 4.99% | 2030-04-17 | 4.40% | US78017DAT54 |
| Toronto-Dominion Bank | 5.12% | 2030-06-03 | 4.81% | US89115KAB61 |
| Bank of Montreal | 5.22% | 2031-06-04 | 5.51% | US06368L3L88 |
| Bank of Nova Scotia | 5.26% | 2031-08-01 | 2.15% | US0641594B99 |
| Canadian Imperial Bank of Commerce | 5.45% | 2032-04-07 | 3.60% | US13607HR535 |
| Royal Bank of Canada | 5.20% | 2032-05-03 | 4.61% | US78017DAV01 |
| Toronto-Dominion Bank | 5.55% | 2033-04-22 | 4.87% | US89115KAR14 |
| Canadian Imperial Bank of Commerce | 5.54% | 2033-10-03 | 6.09% | US13607LWW98 |
| Bank of Montreal | 5.83% | 2034-05-15 | 5.65% | US06376A5P13 |
| National Bank of Canada | 5.73% | 2034-12-03 | 5.35% | US63305L3J01 |
| Toronto-Dominion Bank | 5.65% | 2035-10-15 | 4.93% | US89115KAJ97 |
| Royal Bank of Canada | 6.27% | 2039-02-16 | 5.50% | US78014RRK85 |
| Royal Bank of Canada | 6.26% | 2043-12-29 | 5.50% | US78014RUS74 |
| Royal Bank of Canada | 6.24% | 2044-03-28 | 5.62% | US78014RVP27 |
| Royal Bank of Canada | 6.55% | 2049-10-04 | 4.91% | US78014RYY07 |