US AAA–AA Senior Unsecured Callable 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-callable
US AAA–AA Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.32%, fitted curve 1M–40Y (4.44%–6.66%), 55 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.44% | — |
| 9M | 4.50% | 4.51% |
| 18M | 4.58% | 4.65% |
| 2Y | 4.62% | 4.76% |
| 3Y | 4.72% | 4.90% |
| 4Y | 4.81% | 5.09% |
| 5Y | 4.90% | 5.26% |
| 7Y | 5.08% | 5.52% |
| 9Y | 5.24% | 5.83% |
| 10Y | 5.32% | 6.05% |
| 15Y | 5.68% | 6.39% |
| 20Y | 5.95% | 6.79% |
| 25Y | 6.17% | 7.02% |
| 30Y | 6.47% | 7.99% |
| 40Y | 6.66% | 7.23% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.62% and the 10-year 5.32%, a 10Y−2Y spread of +70 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 | 4.62% | 4.33% | 4.34% | 4.14% | 4.30% | 3.77% | 4.01% |
| 10Y | 5.32% | 5.04% | 5.04% | 4.95% | 4.93% | 4.75% | 4.81% |
| 10Y − 2Y | +70 bp | +70 bp | +70 bp | +80 bp | +62 bp | +98 bp | +80 bp |
Bonds in this curve
A selection of 30 of the 70 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 |
| Hess Corp | 4.55% | 2027-04-01 | 4.30% | US42809HAG20 |
| Chevron USA INC | 4.34% | 2027-05-11 | 2.00% | US166764BX70 |
| Noble Energy INC | 5.26% | 2028-01-15 | 3.85% | US655044AP00 |
| Equinor ASA | 4.58% | 2028-01-15 | 6.80% | US656531AG58 |
| Pioneer Natural Resources CO. | 4.76% | 2028-01-15 | 7.20% | US723787AB37 |
| Equinor ASA | 4.49% | 2028-06-02 | 4.25% | US29446MAL63 |
| Equinor ASA | 4.60% | 2028-12-01 | 6.50% | US24820RAG39 |
| Qatar Energy | 4.94% | 2029-06-23 | 4.62% | US746970AA02 |
| Exxon Mobil Corp | 4.55% | 2029-08-16 | 2.44% | US30231GBE17 |
| 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 | 5.01% | 2031-02-02 | 4.38% | US80415RAA95 |
| Hess Corp | 5.04% | 2031-08-15 | 7.30% | US023551AJ38 |
| Hess Corp | 5.11% | 2033-03-15 | 7.12% | US023551AM66 |
| Shell PLC | 5.16% | 2035-05-11 | 4.12% | US822905AC90 |
| Equinor ASA | 5.21% | 2035-06-03 | 5.12% | US29446MAN20 |
| Saudi Arabian OIL Company | 5.61% | 2036-02-02 | 5.00% | US80415RAC51 |
| XTO Energy INC | 5.18% | 2037-08-01 | 6.75% | US98385XAM83 |
| Exxon Mobil Corp | 5.45% | 2039-08-16 | 3.00% | US30231GAY89 |
| Exxon Mobil Corp | 5.51% | 2040-03-19 | 4.23% | US30231GBF81 |
| 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 |
| Exxon Mobil Corp | 5.89% | 2050-03-19 | 4.33% | US30231GBG64 |
| Saudi Arabian OIL Company | 6.42% | 2055-06-02 | 6.38% | US80414L3F04 |
| Saudi Arabian OIL Company | 6.53% | 2056-02-02 | 6.00% | US80415RAD35 |
| Saudi Arabian OIL Company | 6.57% | 2064-07-17 | 5.88% | US80414L2Q77 |