United States AAA–AA Senior Unsecured Callable Healthcare & Pharmaceuticals Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-healthcare-pharmaceuticals-united-states-callable
United States AAA–AA Senior Unsecured Callable Healthcare & Pharmaceuticals Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.25%, fitted curve 3M–40Y (4.40%–6.00%), 119 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.40% | — |
| 6M | 4.42% | 4.44% |
| 9M | 4.44% | 4.48% |
| 12M | 4.46% | 4.52% |
| 18M | 4.50% | 4.59% |
| 2Y | 4.55% | 4.67% |
| 3Y | 4.63% | 4.81% |
| 4Y | 4.72% | 4.99% |
| 5Y | 4.81% | 5.18% |
| 6Y | 4.91% | 5.36% |
| 7Y | 5.00% | 5.54% |
| 8Y | 5.08% | 5.71% |
| 9Y | 5.17% | 5.86% |
| 10Y | 5.25% | 5.99% |
| 15Y | 5.59% | 6.26% |
| 20Y | 5.79% | 6.39% |
| 25Y | 5.89% | 6.31% |
| 30Y | 5.94% | 6.19% |
| 40Y | 6.00% | 6.17% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.55% and the 10-year 5.25%, a 10Y−2Y spread of +71 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 | 4.55% | 4.29% | 4.25% | 4.07% | 4.14% | 3.64% | 3.74% |
| 10Y | 5.25% | 4.95% | 5.01% | 4.85% | 4.97% | 4.58% | 4.70% |
| 10Y − 2Y | +71 bp | +66 bp | +75 bp | +78 bp | +83 bp | +94 bp | +96 bp |
Bonds in this curve
A selection of 30 of the 120 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Abbott Laboratories | 4.41% | 2026-11-30 | 3.75% | US002824BF69 |
| ELI Lilly & CO | 4.50% | 2027-02-09 | 4.50% | US532457CJ56 |
| Johnson & Johnson | 4.47% | 2027-03-01 | 4.50% | US478160DG60 |
| ELI Lilly & CO | 4.43% | 2027-05-15 | 3.10% | US532457BP26 |
| Merck & CO INC | 4.43% | 2027-06-10 | 1.70% | US58933YBC84 |
| ELI Lilly & CO | 4.34% | 2027-08-14 | 4.15% | US532457CP17 |
| Johnson & Johnson | 4.42% | 2027-09-01 | 0.95% | US478160CP78 |
| Johnson & Johnson | 4.28% | 2028-01-15 | 2.90% | US478160CK81 |
| Abbott Laboratories | 4.54% | 2028-01-30 | 1.15% | US002824BP42 |
| Merck & CO INC | 4.58% | 2028-05-17 | 4.05% | US58933YBH71 |
| Merck & CO INC | 4.49% | 2028-05-22 | 4.30% | US58933YCE32 |
| ELI Lilly & CO | 4.59% | 2029-02-09 | 4.50% | US532457CK20 |
| Merck & CO INC | 4.55% | 2029-03-07 | 3.40% | US58933YAX31 |
| ELI Lilly & CO | 4.68% | 2030-02-12 | 4.75% | US532457CV84 |
| Johnson & Johnson | 4.56% | 2030-03-01 | 4.70% | US478160DJ00 |
| Abbott Laboratories | 4.83% | 2031-03-15 | 4.00% | US002824BS80 |
| Merck & CO INC | 4.87% | 2031-03-15 | 4.15% | US58933YBX22 |
| ELI Lilly & CO | 4.85% | 2032-02-12 | 4.90% | US532457CW67 |
| Johnson & Johnson | 4.66% | 2032-03-01 | 4.85% | US478160DK72 |
| ELI Lilly & CO | 4.92% | 2033-02-27 | 4.70% | US532457CF35 |
| Abbott Laboratories | 5.10% | 2033-03-15 | 4.30% | US002824BT63 |
| ELI Lilly & CO | 5.06% | 2034-02-09 | 4.70% | US532457CL03 |
| Johnson & Johnson | 4.80% | 2034-06-01 | 4.95% | US478160CW20 |
| ELI Lilly & CO | 5.13% | 2035-02-12 | 5.10% | US532457CX41 |
| Abbott Laboratories | 5.30% | 2036-03-15 | 4.65% | US002824BU37 |
| Merck & CO INC | 5.46% | 2039-03-07 | 3.90% | US58933YAV74 |
| Merck & CO INC | 5.90% | 2044-05-17 | 4.90% | US58933YBL83 |
| Merck & CO INC | 5.97% | 2049-03-07 | 4.00% | US58933YAW57 |
| ELI Lilly & CO | 5.86% | 2054-02-09 | 5.00% | US532457CM85 |
| Merck & CO INC | 6.00% | 2061-12-10 | 2.90% | US58933YBG98 |