United States A–BBB Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-a-bbb-specialised-finance-united-states-non-callable
United States A–BBB Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.41%, fitted curve 3M–15Y (4.46%–5.52%), 82 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.46% | — |
| 6M | 4.50% | 4.54% |
| 9M | 4.54% | 4.61% |
| 12M | 4.57% | 4.69% |
| 18M | 4.65% | 4.80% |
| 2Y | 4.72% | 4.94% |
| 3Y | 4.86% | 5.13% |
| 4Y | 4.98% | 5.35% |
| 5Y | 5.09% | 5.52% |
| 6Y | 5.18% | 5.64% |
| 8Y | 5.32% | 5.74% |
| 9Y | 5.37% | 5.78% |
| 10Y | 5.41% | 5.78% |
| 15Y | 5.52% | 5.72% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.72% and the 10-year 5.41%, a 10Y−2Y spread of +69 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 | 4.72% | 4.57% | 4.43% | 4.20% | 4.36% | 3.83% | 3.99% |
| 10Y | 5.41% | — | 5.23% | 5.17% | 5.29% | 4.76% | 4.87% |
| 10Y − 2Y | +69 bp | — | +80 bp | +97 bp | +93 bp | +93 bp | +89 bp |
Bonds in this curve
A selection of 30 of the 133 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Paccar Financial Corp | 5.53% | 2026-11-09 | 5.20% | US69371RS728 |
| National Rural Util Coop | 3.98% | 2026-11-15 | 3.50% | US63743FYF79 |
| National Rural Util Coop | 4.26% | 2026-11-15 | 3.00% | US63743FRD05 |
| National Rural Util Coop | 4.97% | 2027-02-05 | 4.80% | US63743HFM97 |
| Paccar Financial Corp | 4.17% | 2027-02-04 | 2.00% | US69371RR654 |
| National Rural Util Coop | 4.31% | 2027-02-15 | 2.05% | US63743FK213 |
| National Rural Util Coop | 4.18% | 2027-03-15 | 1.70% | US63743FK700 |
| National Rural Util Coop | 4.22% | 2027-03-15 | 3.50% | US63743FXP60 |
| Paccar Financial Corp | 4.84% | 2027-05-13 | 5.00% | US69371RT221 |
| Paccar Financial Corp | 4.21% | 2027-06-23 | 4.25% | US69371RT890 |
| Paccar Financial Corp | 4.75% | 2027-08-06 | 4.45% | US69371RT304 |
| National Rural Util Coop | 4.67% | 2027-10-15 | 3.00% | US63743FZG44 |
| Paccar Financial Corp | 4.52% | 2028-01-10 | 4.60% | US69371RS314 |
| National Rural Util Coop | 5.31% | 2028-02-15 | 3.00% | US63743FVM57 |
| Paccar Financial Corp | 4.75% | 2028-03-03 | 4.55% | US69371RT635 |
| Paccar Financial Corp | 4.70% | 2028-08-10 | 4.95% | US69371RS645 |
| Paccar Financial Corp | 4.64% | 2028-08-08 | 4.00% | US69371RT973 |
| National Rural Util Coop | 4.93% | 2028-09-15 | 5.05% | US63743HFJ68 |
| Paccar Financial Corp | 4.56% | 2029-01-31 | 4.60% | US69371RS801 |
| National Rural Util Coop | 4.87% | 2029-02-07 | 4.85% | US63743HFN70 |
| Paccar Financial Corp | 4.72% | 2029-02-05 | 3.90% | US69371RU385 |
| Paccar Financial Corp | 4.81% | 2030-05-08 | 4.55% | US69371RT718 |
| Ryder System INC | 4.91% | 2030-06-15 | 4.85% | US78355HLF46 |
| National Rural Util Coop | 4.99% | 2031-02-07 | 5.00% | US63743HFP29 |
| Hercules Capital INC | 6.70% | 2031-07-24 | 6.30% | US42711MAB90 |
| National Rural Util Coop | 5.14% | 2032-03-01 | 8.00% | US637432CT02 |
| Paccar Financial Corp | 5.14% | 2034-03-22 | 5.00% | US69371RS983 |
| Loews Corp | 5.41% | 2035-02-01 | 6.00% | US540424AP38 |
| American Express CO | 5.34% | 2038-03-19 | 8.15% | US025816AZ26 |
| American Express CO | 5.58% | 2041-02-08 | 5.41% | US025816ES47 |