Japan Senior Unsecured Automotive Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-automotive-japan
Japan Senior Unsecured Automotive Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.59%, fitted curve 1M–20Y (4.08%–5.62%), 125 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.08% | — |
| 3M | 4.23% | 4.31% |
| 6M | 4.45% | 4.76% |
| 9M | 4.60% | 5.02% |
| 12M | 4.70% | 5.02% |
| 18M | 4.84% | 5.18% |
| 2Y | 4.94% | 5.33% |
| 3Y | 5.10% | 5.52% |
| 4Y | 5.22% | 5.68% |
| 5Y | 5.32% | 5.87% |
| 6Y | 5.42% | 6.09% |
| 7Y | 5.50% | 6.17% |
| 8Y | 5.55% | 6.07% |
| 9Y | 5.57% | 5.94% |
| 10Y | 5.59% | 5.87% |
| 15Y | 5.61% | 5.77% |
| 20Y | 5.62% | 5.71% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.94% and the 10-year 5.59%, a 10Y−2Y spread of +65 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 | 4.94% | 4.70% | 4.72% | 4.65% | 4.52% | 4.50% | 4.08% |
| 10Y | 5.59% | 5.32% | 5.40% | 5.06% | 5.28% | 5.14% | 4.95% |
| 10Y − 2Y | +65 bp | +63 bp | +68 bp | +41 bp | +75 bp | +64 bp | +87 bp |
Yields by rating group
The same curve split by credit quality: 131 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.06%, Speculative 6.46%.
Bonds in this curve
A selection of 30 of the 131 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Honda Motor CO LTD | 4.15% | 2026-10-05 | 4.40% | US02665WFP14 |
| Toyota Motor Corporation | 4.40% | 2026-11-20 | 5.40% | US89236TLD53 |
| Toyota Motor Corporation | 4.39% | 2027-01-08 | 4.60% | US89236TMY81 |
| Honda Motor CO LTD | 4.77% | 2027-03-10 | 2.53% | US438127AB80 |
| Honda Motor CO LTD | 4.68% | 2027-03-12 | 4.90% | US02665WFD83 |
| Toyota Motor Corporation | 4.48% | 2027-05-14 | 4.50% | US89236TNG66 |
| Toyota Motor Corporation | 4.72% | 2027-06-30 | 4.19% | US892331AS81 |
| Toyota Motor Corporation | 4.45% | 2027-08-13 | 1.15% | US89236THG31 |
| Nissan Motor | 5.78% | 2027-09-13 | 5.30% | US65480CAG06 |
| Toyota Motor Corporation | 4.73% | 2028-01-11 | 3.05% | US89236TEM36 |
| Honda Motor CO LTD | 4.86% | 2028-01-12 | 4.70% | US02665WED92 |
| Honda Motor CO LTD | 5.06% | 2028-07-07 | 5.12% | US02665WEM91 |
| Honda Motor CO LTD | 5.02% | 2028-07-08 | 4.44% | US438127AD47 |
| Honda Motor CO LTD | 5.17% | 2029-03-13 | 4.90% | US02665WFE66 |
| Toyota Motor Corporation | 4.89% | 2029-03-13 | 4.05% | US89236TPQ21 |
| Toyota Motor Corporation | 5.04% | 2030-04-01 | 3.38% | US89236TGY55 |
| Honda Motor CO LTD | 5.28% | 2030-04-17 | 4.60% | US02665WEH07 |
| Toyota Motor Corporation | 5.21% | 2031-03-21 | 5.10% | US89236TLZ65 |
| Toyota Motor Corporation | 5.17% | 2031-03-25 | 2.36% | US892331AN94 |
| Honda Motor CO LTD | 5.59% | 2032-07-09 | 5.15% | US02665WGF23 |
| Nissan Motor | 7.18% | 2032-07-17 | 7.75% | USJ57160CY75 |
| Honda Motor CO LTD | 5.63% | 2033-04-08 | 5.20% | US02665WGY12 |
| Honda Motor CO LTD | 5.75% | 2033-07-08 | 5.25% | US02665WHC82 |
| Toyota Motor Corporation | 5.56% | 2035-01-09 | 5.35% | US89236TNB79 |
| Honda Motor CO LTD | 5.73% | 2035-03-05 | 5.20% | US02665WFZ95 |
| Toyota Motor Corporation | 5.36% | 2035-06-30 | 5.05% | US892331AV11 |
| Honda Motor CO LTD | 5.79% | 2035-07-08 | 5.34% | US438127AF94 |
| Toyota Motor Corporation | 5.37% | 2037-07-22 | 5.38% | US89236TNL51 |
| Toyota Motor Corporation | 5.74% | 2039-09-28 | 5.00% | US89236TMP74 |
| Toyota Motor Corporation | 5.59% | 2048-04-27 | 4.00% | US89236TEZ49 |