US AAA–AA Senior Unsecured Callable Banks Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-banks-callable
US AAA–AA Senior Unsecured Callable Banks Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.52%, fitted curve 1M–20Y (4.34%–6.37%), 93 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.34% | — |
| 3M | 4.36% | 4.37% |
| 6M | 4.39% | 4.42% |
| 9M | 4.42% | 4.47% |
| 12M | 4.44% | 4.53% |
| 18M | 4.50% | 4.62% |
| 2Y | 4.56% | 4.74% |
| 3Y | 4.68% | 4.92% |
| 4Y | 4.80% | 5.16% |
| 5Y | 4.92% | 5.41% |
| 6Y | 5.04% | 5.64% |
| 7Y | 5.16% | 5.87% |
| 8Y | 5.28% | 6.10% |
| 9Y | 5.40% | 6.35% |
| 10Y | 5.52% | 6.69% |
| 15Y | 6.13% | 7.37% |
| 20Y | 6.37% | 7.07% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.56% and the 10-year 5.52%, a 10Y−2Y spread of +96 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 | 4.56% | 4.45% | 4.36% | 4.23% | 4.32% | 3.92% | 3.88% |
| 10Y | 5.52% | — | 5.57% | 5.29% | 5.38% | 5.25% | 5.43% |
| 10Y − 2Y | +96 bp | — | +121 bp | +106 bp | +106 bp | +133 bp | +154 bp |
Bonds in this curve
A selection of 30 of the 190 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| State Street Corp | 6.25% | 2026-08-03 | 5.27% | US857477CD34 |
| Westpac Banking Corporation | 4.18% | 2026-08-19 | 2.70% | US961214DC40 |
| Swedbank AB | 7.09% | 2026-09-12 | 6.14% | XS2678312112 |
| Westpac Banking Corporation | 3.93% | 2026-09-30 | 1.55% | USQ97417FA49 |
| Bank of NEW York Mellon | 4.44% | 2026-10-15 | 1.05% | US06406RAV96 |
| Bank of NEW York Mellon | 4.54% | 2027-01-26 | 2.05% | US06406RBA41 |
| Westpac Banking Corporation | 4.17% | 2027-03-08 | 3.35% | US961214DK65 |
| State Street Corp | 4.63% | 2027-03-18 | 4.99% | US857477CL59 |
| Royal Bank of Canada | 4.82% | 2027-03-24 | 2.60% | USC7976PAD80 |
| Toronto-Dominion Bank | 4.50% | 2027-07-16 | 4.81% | USC8888MBQ09 |
| State Street Corp | 4.58% | 2027-10-22 | 4.33% | US857477CP63 |
| Westpac Banking Corporation | 4.51% | 2027-11-18 | 5.46% | US961214FK48 |
| Westpac Banking Corporation | 4.46% | 2028-01-25 | 3.40% | US961214DW04 |
| Bank of NEW York Mellon | 4.55% | 2028-07-14 | 1.65% | US06406RAU14 |
| Bank of NEW York Mellon | 5.13% | 2028-10-25 | 5.80% | US06406RBL06 |
| Swedbank AB | 4.84% | 2029-03-14 | 5.41% | XS2783622561 |
| Westpac Banking Corporation | 4.71% | 2029-04-16 | 5.05% | US961214FT56 |
| State Street Corp | 4.88% | 2030-02-28 | 4.73% | US857477CW15 |
| Bank of NEW York Mellon | 4.89% | 2030-03-14 | 4.97% | US06406RBV87 |
| Westpac Banking Corporation | 4.81% | 2031-06-03 | 2.15% | US961214ET65 |
| Bank of NEW Zealand | 5.00% | 2031-06-10 | 4.76% | USQ1269WAC93 |
| National Bank of Canada | 5.41% | 2032-10-18 | 4.65% | US63305LT947 |
| Bank of NEW York Mellon | 5.21% | 2033-10-25 | 5.83% | US06406RBM88 |
| National Australia Bank Limited | 5.09% | 2034-01-10 | 4.95% | USQ6535DBR46 |
| Citibank NA | 5.22% | 2034-04-30 | 5.57% | US17325FBG28 |
| Bank of NEW York Mellon | 5.25% | 2035-03-14 | 5.19% | US06406RBW60 |
| Jpmorgan Chase & CO | 5.68% | 2036-05-21 | 5.28% | US48130KDU88 |
| Bank of NEW York Mellon | 5.33% | 2036-06-06 | 5.32% | US06406RCJ41 |
| National Bank of Canada | 6.16% | 2039-05-15 | 6.15% | US63305LB283 |
| Canadian Imperial Bank of Commerce | 6.14% | 2046-03-20 | 5.40% | US13609FHC14 |