US AAA–AA Senior Unsecured Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-oil-gas
US AAA–AA Senior Unsecured Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.39%, fitted curve 1M–40Y (4.27%–6.70%), 83 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.27% | — |
| 9M | 4.50% | 4.53% |
| 12M | 4.57% | 4.78% |
| 18M | 4.65% | 4.81% |
| 2Y | 4.70% | 4.86% |
| 3Y | 4.79% | 4.98% |
| 4Y | 4.89% | 5.16% |
| 5Y | 4.98% | 5.34% |
| 6Y | 5.06% | 5.51% |
| 7Y | 5.15% | 5.67% |
| 8Y | 5.23% | 5.82% |
| 9Y | 5.31% | 5.96% |
| 10Y | 5.39% | 6.10% |
| 15Y | 5.73% | 6.41% |
| 20Y | 5.93% | 6.51% |
| 25Y | 6.06% | 6.57% |
| 30Y | 6.52% | 8.88% |
| 40Y | 6.70% | 7.24% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.70% and the 10-year 5.39%, a 10Y−2Y spread of +69 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 | 4.70% | 4.46% | 4.38% | 4.24% | 4.29% | 3.82% | 4.05% |
| 10Y | 5.39% | 5.08% | 5.22% | 5.03% | 5.15% | 4.76% | 4.84% |
| 10Y − 2Y | +69 bp | +62 bp | +84 bp | +79 bp | +87 bp | +94 bp | +79 bp |
Bonds in this curve
A selection of 30 of the 102 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Exxon Mobil Corp | 4.35% | 2026-08-16 | 2.27% | US30231GBD34 |
| Shell PLC | 4.23% | 2026-09-12 | 2.50% | US822582BX94 |
| Exxon Mobil Corp | 4.43% | 2027-03-19 | 3.29% | US30231GBJ04 |
| Korea National OIL Corp | 4.44% | 2027-03-27 | 3.38% | US50066RAG11 |
| Equinor ASA | 4.60% | 2027-09-23 | 7.25% | US656531AM27 |
| Noble Energy INC | 5.26% | 2028-01-15 | 3.85% | US655044AP00 |
| Equinor ASA | 4.58% | 2028-01-15 | 6.80% | US656531AG58 |
| Equinor ASA | 4.49% | 2028-06-02 | 4.25% | US29446MAL63 |
| Equinor ASA | 4.60% | 2028-12-01 | 6.50% | US24820RAG39 |
| Saudi Arabian OIL Company | 4.99% | 2029-02-02 | 4.00% | XS3283469313 |
| Saudi Arabian OIL Company | 5.01% | 2029-04-16 | 3.50% | XS1982113208 |
| Exxon Mobil Corp | 4.71% | 2030-03-19 | 3.48% | US30231GBK76 |
| Chevron USA INC | 4.74% | 2030-05-11 | 2.24% | US166764BY53 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 4.93% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Hess Corp | 5.11% | 2033-03-15 | 7.12% | US023551AM66 |
| Saudi Arabian OIL Company | 5.45% | 2034-07-17 | 5.25% | XS2861550817 |
| Adnoc Murban RSC LTD | 5.42% | 2034-09-11 | 4.50% | XS2898198432 |
| Equinor ASA | 5.21% | 2035-06-03 | 5.12% | US29446MAN20 |
| Saudi Arabian OIL Company | 5.65% | 2035-06-02 | 5.38% | XS3084344947 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| Saudi Arabian OIL Company | 5.61% | 2036-02-02 | 5.00% | US80415RAC51 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| Exxon Mobil Corp | 5.45% | 2039-08-16 | 3.00% | US30231GAY89 |
| Exxon Mobil Corp | 5.81% | 2045-03-06 | 3.57% | US30231GAN25 |
| Exxon Mobil Corp | 5.87% | 2046-03-01 | 4.11% | US30231GAW24 |
| Exxon Mobil Corp | 5.93% | 2049-08-16 | 3.10% | US30231GAZ54 |
| Saudi Arabian OIL Company | 6.46% | 2054-07-17 | 5.75% | XS2861551898 |
| Saudi Arabian OIL Company | 6.67% | 2064-07-17 | 5.88% | XS2861555964 |