US AAA–AA Senior Unsecured Callable 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-callable
US AAA–AA Senior Unsecured Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.59%, fitted curve 9M–40Y (4.86%–6.28%), 39 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 9M | 4.86% | — |
| 12M | 4.88% | 4.96% |
| 18M | 4.91% | 5.05% |
| 2Y | 4.95% | 5.12% |
| 4Y | 5.10% | 5.34% |
| 5Y | 5.18% | 5.63% |
| 6Y | 5.26% | 5.84% |
| 7Y | 5.35% | 6.05% |
| 8Y | 5.43% | 6.27% |
| 9Y | 5.51% | 6.48% |
| 10Y | 5.59% | 6.68% |
| 15Y | 5.92% | 7.13% |
| 20Y | 6.12% | 7.43% |
| 25Y | 6.22% | 7.30% |
| 30Y | 6.26% | 7.04% |
| 40Y | 6.28% | 6.73% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.95% and the 10-year 5.59%, 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 | 4.95% | 4.66% | 4.74% | 4.66% | 4.29% | 4.37% | 4.10% |
| 10Y | 5.59% | 5.48% | 5.32% | 5.21% | 5.10% | 5.08% | 4.98% |
| 10Y − 2Y | +64 bp | +83 bp | +58 bp | +55 bp | +81 bp | +71 bp | +88 bp |
Bonds in this curve
A selection of 30 of the 53 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| 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 |
| ABU Dhabi National Energy Company Pjsc | 5.28% | 2028-04-29 | 2.00% | XS2333388184 |
| Korea Hydro & Nuclear Power CO LTD | 4.74% | 2028-07-18 | 5.00% | USY4899GGB33 |
| Korea Hydro & Nuclear Power CO LTD | 4.55% | 2028-07-19 | 5.00% | US50064YAS28 |
| 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 |
| Midamerican Energy CO | 5.09% | 2031-12-30 | 6.75% | US595620AB14 |
| 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 |
| Duke Energy Corporation | 5.48% | 2034-03-01 | 5.25% | US26443TAE64 |
| DTE Electric CO | 5.36% | 2035-02-15 | 5.45% | US250847DZ04 |
| Florida Power & Light CO | 5.63% | 2036-02-15 | 4.70% | US341081HA84 |
| Northern States PWR-Minn | 5.61% | 2036-05-15 | 4.85% | US665772DB26 |
| DTE Electric CO | 5.37% | 2036-06-01 | 6.62% | US250847EB27 |
| DTE Electric CO | 5.48% | 2037-10-01 | 5.70% | US250847EA44 |
| Southern California GAS CO | 5.96% | 2040-11-15 | 5.12% | US842434CJ99 |
| Florida Power & Light CO | 6.07% | 2042-12-15 | 3.80% | US341081FH55 |
| DTE Electric CO | 6.20% | 2045-03-15 | 3.70% | US23338VAE65 |
| Duke Energy Corporation | 6.15% | 2047-12-01 | 3.70% | US26442CAT18 |
| ABU Dhabi National Energy Company Pjsc | 6.29% | 2051-04-29 | 3.40% | XS2333388937 |
| Duke Energy Corporation | 6.24% | 2053-01-15 | 5.35% | US26442CBK99 |
| Northern States PWR-Minn | 6.19% | 2056-05-15 | 5.55% | US665772DC09 |
| Midamerican Energy CO | 6.20% | 2056-11-15 | 5.50% | US595620BA22 |
| Florida Power & Light CO | 6.31% | 2066-02-15 | 5.60% | US341081HB67 |