United States 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-united-states-callable
United States High Yield (BB–D) Senior Unsecured Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 6.49%, fitted curve 12M–30Y (5.48%–7.02%), 44 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 12M | 5.48% | — |
| 18M | 5.55% | 5.69% |
| 2Y | 5.62% | 5.83% |
| 3Y | 5.75% | 6.02% |
| 5Y | 6.01% | 6.38% |
| 6Y | 6.12% | 6.70% |
| 7Y | 6.23% | 6.87% |
| 8Y | 6.32% | 7.01% |
| 9Y | 6.41% | 7.13% |
| 10Y | 6.49% | 7.22% |
| 20Y | 6.92% | 7.35% |
| 30Y | 7.02% | 7.22% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.62% and the 10-year 6.49%, a 10Y−2Y spread of +87 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 | 5.62% | — | 5.49% | 5.47% | 5.62% | 5.30% | 5.13% |
| 10Y | 6.49% | 6.30% | 6.34% | 6.20% | 6.38% | 5.94% | 6.16% |
| 10Y − 2Y | +87 bp | — | +85 bp | +74 bp | +75 bp | +65 bp | +103 bp |
Bonds in this curve
A selection of 30 of the 67 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| 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 |
| Pattern Energy Operations LP / Pattern Energy Operations INC | 5.75% | 2028-08-15 | 4.50% | US70339PAA75 |
| 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 |
| NRG Energy INC | 5.73% | 2031-02-15 | 3.62% | USU66962AW85 |
| Clearway Energy Operating LLC | 5.80% | 2031-02-15 | 3.75% | US18539UAD72 |
| NRG Energy INC | 5.63% | 2031-02-15 | 3.62% | US629377CR16 |
| NRG Energy INC | 5.81% | 2032-02-15 | 3.88% | US629377CS98 |
| NRG Energy INC | 5.82% | 2032-02-15 | 3.88% | USU66962AX68 |
| Alpha Generation LLC | 6.63% | 2032-10-15 | 6.75% | US02073LAA98 |
| NRG Energy INC | 6.23% | 2033-02-01 | 6.00% | USU66962BB30 |
| NRG Energy INC | 6.08% | 2033-02-01 | 6.00% | US629377CW01 |
| Hawaiian Electric Company, INC. | 6.25% | 2033-10-01 | 6.00% | US419866AV08 |
| Archrock Partners L P / Archrock Partners FIN Corp | 6.29% | 2034-02-01 | 6.00% | US03958CAA71 |
| Talen Energy Supply LLC | 6.49% | 2034-02-01 | 6.25% | US87422VAM00 |
| NRG Energy INC | 6.53% | 2034-11-01 | 6.25% | USU66962BC13 |
| NRG Energy INC | 6.32% | 2036-01-15 | 6.00% | USU66962BJ65 |
| Talen Energy Supply LLC | 6.62% | 2036-02-01 | 6.50% | US87422VAN82 |
| NRG Energy INC | 6.35% | 2036-05-15 | 6.12% | US629377DG42 |
| NRG Energy INC | 6.17% | 2036-05-15 | 6.12% | USU66962BM94 |
| WGL Holdings INC | 6.48% | 2044-11-01 | 4.60% | US92924FAB22 |
| Pacific GAS & Electric | 7.30% | 2055-03-15 | 7.38% | US69331CAM01 |
| AES Corp | 7.08% | 2055-07-15 | 6.95% | US00130HCL78 |
| Txnm Energy INC | 6.99% | 2056-07-31 | 7.00% | USU8897HAA69 |