US AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-non-callable
US AAA–AA Senior Unsecured Non-Callable Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.41%, fitted curve 1M–40Y (4.43%–6.48%), 476 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.43% | — |
| 3M | 4.45% | 4.46% |
| 6M | 4.48% | 4.51% |
| 9M | 4.50% | 4.56% |
| 12M | 4.53% | 4.62% |
| 18M | 4.59% | 4.71% |
| 2Y | 4.65% | 4.83% |
| 3Y | 4.77% | 5.00% |
| 4Y | 4.88% | 5.21% |
| 5Y | 4.98% | 5.41% |
| 6Y | 5.08% | 5.59% |
| 7Y | 5.18% | 5.74% |
| 8Y | 5.26% | 5.86% |
| 9Y | 5.34% | 5.96% |
| 10Y | 5.41% | 6.02% |
| 15Y | 5.64% | 6.11% |
| 20Y | 5.85% | 6.47% |
| 25Y | 6.13% | 7.26% |
| 30Y | 6.34% | 7.43% |
| 40Y | 6.48% | 6.89% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.65% and the 10-year 5.41%, a 10Y−2Y spread of +76 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 | 4.65% | 4.50% | 4.44% | 4.26% | 4.36% | 3.89% | 3.97% |
| 10Y | 5.41% | 5.03% | 5.18% | 5.03% | 5.19% | 4.81% | 4.92% |
| 10Y − 2Y | +76 bp | +53 bp | +75 bp | +77 bp | +83 bp | +92 bp | +95 bp |
Bonds in this curve
A selection of 30 of the 619 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Cooperatieve Rabobank UA | 4.18% | 2026-08-28 | 4.33% | US21688ABF84 |
| Cppib Capital INC | 6.58% | 2026-09-09 | 0.88% | US22411WAT36 |
| DZ Bank AG | 4.35% | 2026-10-02 | 3.35% | XS2892332458 |
| Cooperatieve Rabobank UA | 4.04% | 2026-10-05 | 5.50% | US21688AAY82 |
| Metropolitan Life Global Funding I | 4.29% | 2026-12-18 | 3.45% | US59217HBB24 |
| DZ Bank AG | 4.63% | 2026-12-18 | 4.40% | XS2731508540 |
| Commonwealth Bank of Australia | 4.75% | 2027-03-14 | 2.55% | US2027A1KK25 |
| DBS Group Holdings LTD | 4.62% | 2027-03-15 | 1.19% | US24023LAF31 |
| DZ Bank AG | 4.68% | 2027-06-30 | 1.00% | XS2301120379 |
| Macquarie Bank LTD | 4.60% | 2027-07-02 | 5.27% | US55608RBT68 |
| Landesbank Hessen-Thueringen Girozentrale | 4.09% | 2027-11-03 | 3.15% | DE000HEL0N11 |
| Cppib Capital INC | 4.62% | 2027-11-02 | 2.75% | US22411WAD83 |
| DZ Bank AG | 4.89% | 2028-05-05 | 3.75% | XS3032966544 |
| Svenska Handelsbanken AB | 4.58% | 2028-05-23 | 4.38% | US86959NAS80 |
| Bank of NEW York Mellon | 4.63% | 2029-02-01 | 4.54% | US06406RBN61 |
| Bank of NEW Zealand | 4.83% | 2029-01-30 | 5.08% | US06407FAH55 |
| Gaci First Investment Company | 5.42% | 2030-01-29 | 5.25% | XS2987801359 |
| ANZ NEW Zealand (Int'l) Limited | 4.79% | 2030-02-13 | 2.55% | US00182FBM77 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Bank of NEW York Mellon | 4.95% | 2031-02-11 | 4.94% | US06406RCB15 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Metropolitan Life Global Funding I | 5.26% | 2033-03-28 | 5.15% | US59217HDZ73 |
| Bank of NEW York Mellon | 5.16% | 2034-02-01 | 4.71% | US06406RBP10 |
| Gaci First Investment Company | 5.66% | 2035-02-14 | 4.88% | XS2585988061 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| AIA Group LTD | 5.59% | 2044-03-11 | 4.88% | US00131M2B87 |
| ABU Dhabi National Energy Company Pjsc | 6.06% | 2049-10-03 | 4.00% | XS2060897506 |
| Gaci First Investment Company | 6.57% | 2054-01-29 | 5.38% | XS2755904872 |
| Saudi Arabian OIL Company | 6.67% | 2064-07-17 | 5.88% | XS2861555964 |