US AAA–AA Senior Unsecured Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-aaa-aa-utilities-power
US AAA–AA Senior Unsecured Utilities & Power Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.64%, fitted curve 1M–40Y (4.88%–6.30%), 64 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.88% | — |
| 6M | 4.90% | 4.98% |
| 9M | 4.92% | 5.03% |
| 12M | 4.94% | 5.03% |
| 18M | 4.97% | 5.10% |
| 2Y | 5.00% | 5.18% |
| 3Y | 5.08% | 5.30% |
| 4Y | 5.15% | 5.49% |
| 5Y | 5.23% | 5.68% |
| 6Y | 5.32% | 5.89% |
| 7Y | 5.40% | 6.10% |
| 8Y | 5.48% | 6.31% |
| 9Y | 5.56% | 6.51% |
| 10Y | 5.64% | 6.70% |
| 15Y | 5.96% | 7.13% |
| 20Y | 6.15% | 7.40% |
| 25Y | 6.24% | 7.28% |
| 30Y | 6.28% | 7.03% |
| 40Y | 6.30% | 6.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.00% and the 10-year 5.64%, a 10Y−2Y spread of +64 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.00% | 4.68% | 4.68% | 4.68% | 4.47% | 4.42% | 4.21% |
| 10Y | 5.64% | 5.53% | 5.31% | 5.25% | 5.16% | 5.09% | 4.96% |
| 10Y − 2Y | +64 bp | +86 bp | +63 bp | +57 bp | +69 bp | +67 bp | +75 bp |
Bonds in this curve
A selection of 30 of the 87 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Korea Southern Power CO., LTD. | 9.50% | 2026-09-21 | 5.38% | XS2682195016 |
| Korea Electric Power Corp | 5.43% | 2027-02-01 | 7.00% | US500631AH98 |
| Korea Electric Power Corp | 6.01% | 2027-06-14 | 4.00% | US500631AW65 |
| Korea Electric Power Corp | 4.74% | 2027-06-14 | 4.00% | USY4907LAD48 |
| Korea Hydro & Nuclear Power CO LTD | 4.66% | 2027-07-27 | 4.25% | US50064YAQ61 |
| Korea Hydro & Nuclear Power CO LTD | 4.99% | 2027-07-27 | 4.25% | USY4899GFA68 |
| Korea Electric Power Corp | 4.96% | 2028-04-06 | 5.50% | US500631AY22 |
| Korea Electric Power Corp | 5.00% | 2028-04-06 | 5.50% | USY4907LAF95 |
| Saudi Electricity Global Sukuk Company | 5.40% | 2029-01-22 | 4.31% | XS3276952234 |
| ABU Dhabi National Energy Company Pjsc | 5.31% | 2029-01-24 | 4.38% | XS2600246552 |
| Korea GAS Corporation | 4.88% | 2029-07-08 | 5.00% | US50066CAV19 |
| Korea GAS Corporation | 4.89% | 2029-07-16 | 2.88% | US50066CAP41 |
| ABU Dhabi National Energy Company Pjsc | 5.27% | 2030-04-23 | 4.88% | XS1808738212 |
| Florida Power & Light CO | 5.06% | 2030-05-15 | 4.62% | US341081GP62 |
| Korea Hydro & Nuclear Power CO LTD | 5.18% | 2031-06-16 | 4.50% | USY4899GHF38 |
| Korea GAS Corporation | 5.09% | 2031-07-13 | 2.00% | US50066CAR07 |
| Duke Energy Corporation | 5.38% | 2033-01-15 | 4.95% | US26442CBJ27 |
| ABU Dhabi National Energy Company Pjsc | 5.49% | 2033-04-24 | 4.70% | XS2600248335 |
| Florida Power & Light CO | 5.37% | 2033-05-15 | 4.80% | US341081GQ46 |
| Saudi Electricity Global Sukuk Company | 5.64% | 2035-02-18 | 5.49% | XS2993847131 |
| DTE Electric CO | 5.36% | 2035-02-15 | 5.45% | US250847DZ04 |
| Saudi Electricity Global Sukuk Company | 5.69% | 2036-01-22 | 5.07% | XS3276952408 |
| Florida Power & Light CO | 5.63% | 2036-02-15 | 4.70% | US341081HA84 |
| Northern States PWR-Minn | 5.61% | 2036-05-15 | 4.85% | US665772DB26 |
| ABU Dhabi National Energy Company Pjsc | 5.87% | 2036-10-27 | 6.50% | XS0272949016 |
| Florida Power & Light CO | 6.07% | 2042-12-15 | 3.80% | US341081FH55 |
| DTE Electric CO | 6.20% | 2045-03-15 | 3.70% | US23338VAE65 |
| ABU Dhabi National Energy Company Pjsc | 6.30% | 2049-10-03 | 4.00% | XS2060897506 |
| Northern States PWR-Minn | 6.19% | 2056-05-15 | 5.55% | US665772DC09 |
| Florida Power & Light CO | 6.31% | 2066-02-15 | 5.60% | US341081HB67 |