US High Yield (BB–D) Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-bb-d-oil-gas-callable
US High Yield (BB–D) Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 7.15%, fitted curve 3M–25Y (6.39%–7.88%), 290 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 6.39% | — |
| 9M | 6.43% | 6.62% |
| 12M | 6.46% | 6.61% |
| 18M | 6.50% | 6.70% |
| 2Y | 6.54% | 6.79% |
| 3Y | 6.63% | 6.93% |
| 4Y | 6.71% | 7.11% |
| 5Y | 6.78% | 7.26% |
| 6Y | 6.84% | 7.33% |
| 7Y | 6.89% | 7.41% |
| 8Y | 6.95% | 7.70% |
| 9Y | 7.05% | 8.23% |
| 10Y | 7.15% | 8.66% |
| 15Y | 7.49% | 8.94% |
| 20Y | 7.72% | 9.65% |
| 25Y | 7.88% | 10.33% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.54% and the 10-year 7.15%, a 10Y−2Y spread of +60 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 | 6.54% | 6.36% | 6.52% | 6.56% | 6.56% | 6.30% | 6.28% |
| 10Y | 7.15% | 7.09% | 7.03% | 6.62% | 6.78% | 7.00% | 6.78% |
| 10Y − 2Y | +60 bp | +73 bp | +51 bp | +6 bp | +21 bp | +70 bp | +50 bp |
Bonds in this curve
A selection of 30 of the 427 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Buckeye Partners L.P. | 5.36% | 2026-12-01 | 3.95% | US118230AQ44 |
| SM Energy CO | 6.68% | 2027-01-15 | 6.62% | US78454LAP58 |
| PAN American Energy S.L. Argentine Branch | 6.89% | 2027-04-30 | 9.12% | USE7S78BAB82 |
| Kosmos Energy LTD | 8.39% | 2027-05-01 | 7.75% | USU5007TAD73 |
| Occidental Petroleum Corp | 4.75% | 2027-11-15 | 7.00% | US032511AL18 |
| Buckeye Partners L.P. | 5.29% | 2027-12-01 | 4.12% | US118230AR27 |
| Petroleo Brasileiro S.A. | 5.03% | 2028-01-27 | 6.00% | US71647NAY58 |
| Kosmos Energy LTD | 8.00% | 2028-03-01 | 7.50% | USU5007TAB18 |
| Frontera Energy Corp | 8.51% | 2028-06-21 | 7.88% | USC35898AB82 |
| SM Energy CO | 7.02% | 2028-07-01 | 8.38% | USU1638HAA50 |
| Transocean INC | 7.02% | 2029-05-15 | 8.25% | USG90073AL42 |
| Buckeye Partners L.P. | 6.92% | 2029-07-01 | 6.88% | USU05638AD07 |
| Peru LNG SRL | 6.34% | 2030-03-22 | 5.38% | USP7721BAE13 |
| Ecopetrol SA | 6.62% | 2030-04-29 | 6.88% | US279158AN94 |
| Transocean INC | 7.27% | 2031-04-15 | 7.50% | US893830AF64 |
| Transocean INC | 7.32% | 2031-05-15 | 8.50% | USG90073AM25 |
| Pluspetrol SA | 7.78% | 2032-05-30 | 8.50% | USP7924AAA62 |
| Petroleos del Peru-Petroperu S A | 7.72% | 2032-06-19 | 4.75% | USP7808BAA54 |
| Petroleo Brasileiro S.A. | 6.17% | 2033-07-03 | 6.50% | US71647NBK46 |
| Constellation OIL SA | 7.68% | 2033-08-03 | 7.70% | USL1965HAH32 |
| SM Energy CO | 6.61% | 2034-04-15 | 6.62% | USU83067AN51 |
| Petroleo Brasileiro S.A. | 6.23% | 2035-01-13 | 6.00% | US71647NBL29 |
| Petroleo Brasileiro S.A. | 6.66% | 2036-01-10 | 6.25% | US71647NBN84 |
| Ecopetrol SA | 7.63% | 2036-01-19 | 8.38% | US279158AV11 |
| Pluspetrol SA | 7.75% | 2037-09-30 | 7.55% | US72942BAC90 |
| Pluspetrol SA | 7.75% | 2037-09-30 | 7.55% | USP7924AAD02 |
| Petroleo Brasileiro S.A. | 6.84% | 2040-01-20 | 6.88% | US71645WAQ42 |
| Petroleo Brasileiro S.A. | 6.94% | 2041-01-27 | 6.75% | US71645WAS08 |
| Petroleo Brasileiro S.A. | 6.99% | 2044-03-17 | 7.25% | US71647NAK54 |
| Petroleo Brasileiro S.A. | 6.96% | 2049-03-19 | 6.90% | US71647NBD03 |