US High Yield (BB–D) Senior Unsecured Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-bb-d-utilities-power-callable
US High Yield (BB–D) Senior Unsecured Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.74%, fitted curve 12M–30Y (5.49%–6.99%), 77 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.49% | — |
| 18M | 5.57% | 5.71% |
| 2Y | 5.64% | 5.87% |
| 3Y | 5.81% | 6.13% |
| 4Y | 5.97% | 6.49% |
| 5Y | 6.14% | 6.82% |
| 6Y | 6.30% | 7.09% |
| 7Y | 6.44% | 7.29% |
| 8Y | 6.56% | 7.41% |
| 9Y | 6.66% | 7.47% |
| 10Y | 6.74% | 7.46% |
| 15Y | 6.94% | 7.32% |
| 20Y | 6.98% | 7.11% |
| 30Y | 6.99% | 7.01% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.64% and the 10-year 6.74%, a 10Y−2Y spread of +110 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.64% | 5.52% | 5.37% | 5.32% | 5.52% | 5.03% | 4.91% |
| 10Y | 6.74% | 6.83% | 6.60% | 6.47% | 6.89% | 6.16% | 6.52% |
| 10Y − 2Y | +110 bp | +131 bp | +123 bp | +115 bp | +137 bp | +113 bp | +161 bp |
Bonds in this curve
A selection of 30 of the 118 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Eskom Holdings SOC Limited | 5.95% | 2027-07-23 | 4.31% | XS2010027709 |
| Xplr Infrastructure Operating Partners L.P. | 5.26% | 2027-09-15 | 4.50% | US65342QAB86 |
| Xplr Infrastructure Operating Partners L.P. | 4.87% | 2027-09-15 | 4.50% | USU6500TAB18 |
| NRG Energy INC | 5.80% | 2028-01-15 | 5.75% | US629377CE03 |
| Terraform PWR Oper LLC | 5.80% | 2028-01-31 | 5.00% | US88104LAE39 |
| Clearway Energy Operating LLC | 5.30% | 2028-03-15 | 4.75% | US18539UAC99 |
| GFL Environmental INC | 5.49% | 2028-08-01 | 4.00% | USC39217AK79 |
| GFL Environmental INC | 5.12% | 2028-08-01 | 4.00% | US36168QAL86 |
| Olympus WTR US Hldg Corp | 5.96% | 2028-10-01 | 4.25% | US681639AA87 |
| NRG Energy INC | 5.73% | 2029-02-15 | 3.38% | USU66962AV03 |
| NRG Energy INC | 5.60% | 2029-02-15 | 3.38% | US629377CQ33 |
| DPL INC | 5.58% | 2029-04-15 | 4.35% | US233293AQ29 |
| Axia Energia | 6.10% | 2030-02-04 | 4.62% | USP22835AB13 |
| GFL Environmental INC | 6.38% | 2031-01-15 | 6.75% | US36168QAQ73 |
| Renew Treasury Ifsc Private LTD | 6.88% | 2031-02-02 | 6.50% | USY72910AA35 |
| NRG Energy INC | 5.73% | 2031-02-15 | 3.62% | USU66962AW85 |
| NRG Energy INC | 5.81% | 2032-02-15 | 3.88% | US629377CS98 |
| NRG Energy INC | 5.82% | 2032-02-15 | 3.88% | USU66962AX68 |
| NRG Energy INC | 6.23% | 2033-02-01 | 6.00% | USU66962BB30 |
| NRG Energy INC | 6.08% | 2033-02-01 | 6.00% | US629377CW01 |
| NRG Energy INC | 6.53% | 2034-11-01 | 6.25% | USU66962BC13 |
| Pampa Energia SA | 7.30% | 2034-12-16 | 7.88% | USP7464EAT30 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | US78518PAA30 |
| Saavi Energia Sarl | 7.50% | 2035-02-10 | 8.88% | USL02668AA66 |
| NRG Energy INC | 6.35% | 2036-05-15 | 6.12% | US629377DG42 |
| Pampa Energia SA | 7.54% | 2037-11-14 | 7.75% | USP7464EAY25 |
| Transalta Corp | 6.83% | 2040-03-15 | 6.50% | US89346DAE76 |
| WGL Holdings INC | 6.48% | 2044-11-01 | 4.60% | US92924FAB22 |
| Pacific GAS & Electric | 7.30% | 2055-03-15 | 7.38% | US69331CAM01 |
| Txnm Energy INC | 6.99% | 2056-07-31 | 7.00% | USU8897HAA69 |