US A–BBB Senior Unsecured Non-Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-a-bbb-utilities-power-non-callable
US A–BBB Senior Unsecured Non-Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.57%, fitted curve 3M–30Y (4.71%–6.18%), 62 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.71% | — |
| 9M | 4.73% | 4.73% |
| 12M | 4.74% | 4.76% |
| 18M | 4.76% | 4.80% |
| 2Y | 4.78% | 4.85% |
| 3Y | 4.84% | 4.95% |
| 4Y | 4.91% | 5.12% |
| 5Y | 4.99% | 5.33% |
| 7Y | 5.20% | 5.73% |
| 8Y | 5.32% | 6.17% |
| 9Y | 5.45% | 6.45% |
| 10Y | 5.57% | 6.68% |
| 15Y | 6.02% | 6.93% |
| 20Y | 6.18% | 6.66% |
| 25Y | 6.13% | 5.94% |
| 30Y | 6.04% | 5.57% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.78% and the 10-year 5.57%, a 10Y−2Y spread of +79 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 | 4.78% | 4.67% | 4.74% | 4.46% | 4.47% | 4.08% | 4.26% |
| 10Y | 5.57% | 5.45% | 5.40% | 5.28% | 5.39% | 5.08% | 5.15% |
| 10Y − 2Y | +79 bp | +78 bp | +66 bp | +82 bp | +91 bp | +100 bp | +89 bp |
Bonds in this curve
A selection of 30 of the 95 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Washington GAS Light CO | 4.28% | 2026-10-09 | 6.82% | US93884PCJ75 |
| Spic 2016 US Dollar Bond Company Limited | 4.58% | 2026-12-06 | 3.88% | XS1528227827 |
| Duke Energy Corporation | 4.36% | 2027-03-15 | 3.25% | US26442KAG13 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 5.03% | 2027-05-15 | 4.12% | US71568QAC15 |
| Castle Peak Power Finance Company Limited | 4.62% | 2027-07-25 | 3.25% | XS1648263926 |
| CLP Power Hong Kong Financing Limited | 4.47% | 2027-10-26 | 3.38% | XS0848445358 |
| Puget Sound Energy INC | 4.77% | 2027-12-01 | 7.02% | US74531EAA01 |
| Israel Electric Corp LTD | 5.71% | 2027-12-15 | 7.75% | US46507WAB63 |
| Hengjian International Investment Limited | 4.84% | 2028-06-17 | 4.25% | XS3059267362 |
| China Southern Power Grid International Finance (BVI) CO. Limited | 4.61% | 2028-09-18 | 4.25% | XS1874715169 |
| Pacificorp | 5.07% | 2029-03-15 | 4.25% | US695114DH81 |
| Southern California Edison Company | 5.25% | 2029-04-01 | 6.65% | US842400EB53 |
| Hongkong Electric Finance Limited | 4.65% | 2030-06-09 | 2.25% | XS2181902789 |
| Castle Peak Power Finance Company Limited | 4.71% | 2030-06-22 | 2.20% | XS2190958301 |
| Castle Peak Power Finance Company Limited | 4.76% | 2031-03-03 | 2.12% | XS2307742267 |
| CLP Power Hong Kong Financing Limited | 4.65% | 2031-07-21 | 2.25% | XS2364591367 |
| Alabama Power CO | 5.12% | 2033-02-15 | 5.70% | US010392EC80 |
| Duke Energy Corporation | 5.31% | 2033-09-15 | 5.75% | US26441CBZ77 |
| Consolidated Edison CO NEW York INC | 5.25% | 2034-02-01 | 5.70% | US209111EF69 |
| Pacific GAS & Electric | 5.67% | 2034-03-15 | 6.95% | US694308KP16 |
| CLP Power Hong Kong Financing Limited | 4.92% | 2035-06-30 | 2.50% | XS2193950271 |
| Evergy Metro INC | 5.50% | 2035-08-15 | 5.12% | US30037DAE58 |
| Hongkong Electric Finance Limited | 4.98% | 2036-02-03 | 4.75% | XS3278761633 |
| Arizona Public Service CO | 5.59% | 2036-03-15 | 5.10% | US040555DK73 |
| Alabama Power CO | 5.66% | 2039-03-01 | 6.00% | US010392FB98 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 6.73% | 2042-10-24 | 5.25% | US71568QAB32 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 6.73% | 2047-05-15 | 5.25% | US71568QAD97 |
| Perusahaan Perseroan (Persero) PT Perusahaan Listrik Negara | 6.74% | 2048-05-21 | 6.15% | US71568QAF46 |
| Consolidated Edison CO NEW York INC | 6.12% | 2049-05-15 | 4.12% | US209111FV01 |
| Virginia Electric & Power CO | 6.11% | 2055-09-15 | 5.60% | US927804GW81 |