United States High Yield (BB–D) Senior Unsecured Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-bb-d-oil-gas-united-states
United States High Yield (BB–D) Senior Unsecured Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.88%, fitted curve 3M–20Y (5.99%–7.23%), 190 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 6.35% | — |
| 9M | 6.04% | 6.04% |
| 12M | 5.99% | 5.90% |
| 18M | 6.01% | 6.14% |
| 2Y | 6.07% | 6.36% |
| 3Y | 6.20% | 6.59% |
| 4Y | 6.32% | 6.86% |
| 5Y | 6.44% | 7.11% |
| 6Y | 6.55% | 7.34% |
| 7Y | 6.64% | 7.54% |
| 8Y | 6.73% | 7.71% |
| 9Y | 6.81% | 7.85% |
| 10Y | 6.88% | 7.96% |
| 15Y | 7.12% | 8.12% |
| 20Y | 7.23% | 8.12% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 6.07% and the 10-year 6.88%, a 10Y−2Y spread of +81 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 6.07% | 6.08% | 5.96% | 6.09% | 6.10% | 6.00% | 6.08% |
| 10Y | 6.88% | 6.82% | 6.71% | 6.49% | 6.61% | 6.56% | 6.54% |
| 10Y − 2Y | +81 bp | +74 bp | +75 bp | +40 bp | +51 bp | +56 bp | +47 bp |
Bonds in this curve
A selection of 30 of the 291 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Buckeye Partners L.P. | 7.11% | 2026-12-01 | 3.95% | US118230AQ44 |
| SM Energy CO | 6.68% | 2027-01-15 | 6.62% | US78454LAP58 |
| Nustar Logistics LP | 5.42% | 2027-04-28 | 5.62% | US67059TAE55 |
| Kosmos Energy LTD | 8.35% | 2027-05-01 | 7.75% | USU5007TAD73 |
| Sunoco LP | 5.68% | 2027-07-15 | 5.88% | US86765KAH23 |
| Occidental Petroleum Corp | 4.75% | 2027-11-15 | 7.00% | US032511AL18 |
| Buckeye Partners L.P. | 5.47% | 2027-12-01 | 4.12% | US118230AR27 |
| Tallgrass Energy Partners LP / Tallgrass Energy Finance Corp | 5.59% | 2028-01-15 | 5.50% | US87470LAD38 |
| Kosmos Energy LTD | 8.03% | 2028-03-01 | 7.50% | USU5007TAB18 |
| SM Energy CO | 7.08% | 2028-07-01 | 8.38% | USU1638HAA50 |
| SM Energy CO | 6.62% | 2028-07-15 | 6.50% | US78454LAW00 |
| Buckeye Partners L.P. | 7.03% | 2029-07-01 | 6.88% | USU05638AD07 |
| SM Energy CO | 6.63% | 2029-08-01 | 6.75% | USU83067AL95 |
| Tidewater INC | 7.02% | 2030-07-15 | 9.12% | USU8859YAB30 |
| CNX Resources Corp | 7.07% | 2031-01-15 | 7.38% | USU1749LAF14 |
| Transocean INC | 7.40% | 2031-04-15 | 7.50% | US893830AF64 |
| SM Energy CO | 7.89% | 2031-07-01 | 8.75% | USU1638HAB34 |
| SM Energy CO | 6.90% | 2032-08-01 | 7.00% | USU83067AM78 |
| Murphy OIL Corporation | 6.26% | 2032-10-01 | 6.00% | US626717AP72 |
| Chord Energy Corp | 6.46% | 2033-03-15 | 6.75% | US674215AN89 |
| Rockies Express Pipeline LLC | 6.46% | 2033-03-15 | 6.75% | US77340RAU14 |
| Genesis Energy LP/FIN | 6.75% | 2034-03-15 | 6.75% | US37185LAS16 |
| SM Energy CO | 6.70% | 2034-04-15 | 6.62% | USU83067AN51 |
| Kodiak GAS Services LLC | 6.60% | 2035-10-01 | 6.75% | US50012LAE48 |
| Suburban Propane Partners LP / Suburban Energy Finance Corp | 7.01% | 2035-12-15 | 6.50% | US864486AM71 |
| Transocean INC | 7.57% | 2038-03-15 | 6.80% | US893830AT68 |
| Rockies Express Pipeline LLC | 6.90% | 2038-07-15 | 7.50% | US77340RAD98 |
| Rockies Express Pipeline LLC | 6.95% | 2040-04-15 | 6.88% | US77340RAM97 |
| Buckeye Partners L.P. | 7.26% | 2043-11-15 | 5.85% | US118230AM30 |
| Buckeye Partners L.P. | 7.26% | 2044-10-15 | 5.60% | US118230AP60 |