Switzerland A–BBB Senior Unsecured Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-28
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-a-bbb-switzerland-callable
Switzerland A–BBB Senior Unsecured Callable Corporate Bond Yields (USD) as of 2026-07-28: 10Y at 5.45%, fitted curve 12M–40Y (4.78%–6.87%), 27 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 4.78% | — |
| 18M | 4.82% | 4.89% |
| 2Y | 4.86% | 4.97% |
| 3Y | 4.93% | 5.09% |
| 4Y | 5.01% | 5.24% |
| 6Y | 5.16% | 5.46% |
| 7Y | 5.23% | 5.68% |
| 9Y | 5.38% | 5.89% |
| 10Y | 5.45% | 6.10% |
| 15Y | 5.79% | 6.47% |
| 20Y | 6.09% | 6.99% |
| 25Y | 6.35% | 7.38% |
| 30Y | 6.56% | 7.64% |
| 40Y | 6.87% | 7.82% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.86% and the 10-year 5.45%, a 10Y−2Y spread of +60 bp — positively sloped — as of 2026-07-28. 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 | Latest2026-07-28 | 1m ago2026-07-10 | 2m ago2026-05-29 | 3m ago2026-04-29 | 4m ago2026-03-31 |
|---|---|---|---|---|---|
| 2Y | 4.86% | 4.71% | 4.74% | 4.54% | 4.57% |
| 10Y | 5.45% | 5.39% | 5.28% | 5.13% | 5.29% |
| 10Y − 2Y | +60 bp | +68 bp | +54 bp | +60 bp | +72 bp |
Bonds in this curve
A selection of 30 of the 39 bonds behind this curve, spread across maturities. Greyed rows carry an older quote.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Holcim LTD | 4.54% | 2026-09-22 | 3.50% | US50587KAA97 |
| UBS Group AG | 5.02% | 2027-08-05 | 4.70% | USH42097DK09 |
| UBS Group AG | 4.69% | 2027-08-05 | 4.70% | US902613AS79 |
| UBS Group AG | 4.74% | 2028-01-09 | 4.28% | USH3698DAR55 |
| UBS Group AG | 4.69% | 2028-01-09 | 4.28% | US225401AC20 |
| UBS Group AG | 4.73% | 2028-03-23 | 4.25% | USH4209UAC02 |
| UBS Group AG | 4.78% | 2028-03-23 | 4.25% | US90352JAC71 |
| UBS Group AG | 4.74% | 2028-05-12 | 4.75% | USH42097DB00 |
| UBS Group AG | 4.69% | 2028-05-12 | 4.75% | US902613AP31 |
| Aptiv PLC | 4.07% | 2029-09-13 | 4.65% | US03837AAA88 |
| UBS Group AG | 5.43% | 2029-09-22 | 6.25% | USH42097EN39 |
| UBS Group AG | 5.23% | 2030-02-08 | 5.43% | USH42097EV54 |
| UBS Group AG | 5.14% | 2030-02-08 | 5.43% | US902613BJ61 |
| UBS Group AG | 4.71% | 2032-02-11 | 2.10% | US902613AE83 |
| Aptiv PLC | 5.23% | 2032-03-01 | 3.25% | US00217GAB95 |
| UBS Group AG | 5.03% | 2033-02-11 | 2.75% | USH42097CT27 |
| UBS Group AG | 5.00% | 2033-02-11 | 2.75% | US902613AK44 |
| UBS Group AG | 5.33% | 2033-08-05 | 4.99% | USH42097DL81 |
| Aptiv PLC | 5.23% | 2034-09-13 | 5.15% | US03837AAB61 |
| UBS Group AG | 5.55% | 2035-02-08 | 5.70% | US902613BH06 |
| UBS Group AG | 5.54% | 2035-02-08 | 5.70% | USH42097EU71 |
| UBS Group AG | 5.58% | 2036-05-09 | 5.58% | US902613BQ05 |
| UBS Group AG | 5.61% | 2036-05-09 | 5.58% | USH42097FD48 |
| UBS Group AG | 5.70% | 2043-02-11 | 3.18% | US902613AL27 |
| UBS Group AG | 5.96% | 2045-05-15 | 4.88% | US902613AY48 |
| UBS Group AG | 5.99% | 2045-09-06 | 5.38% | USH42097EY93 |
| UBS Group AG | 5.98% | 2045-09-06 | 5.38% | US902613BM90 |
| Aptiv PLC | 6.32% | 2052-05-01 | 4.15% | US00217GAC78 |
| Zurich Insurance Group AG | 5.96% | 2054-10-15 | 5.45% | US30958QAA94 |
| Zurich Insurance Group AG | 6.95% | 2064-10-15 | 7.00% | US309601AG75 |