United Kingdom Senior Unsecured Callable Consumer Products & Retail Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-consumer-products-retail-united-kingdom-callable
United Kingdom Senior Unsecured Callable Consumer Products & Retail Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.86%, fitted curve 3M–30Y (4.49%–6.36%), 31 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.49% | — |
| 9M | 4.54% | 4.57% |
| 12M | 4.60% | 4.76% |
| 18M | 4.71% | 4.93% |
| 2Y | 4.77% | 4.94% |
| 3Y | 4.81% | 4.91% |
| 4Y | 4.87% | 5.03% |
| 6Y | 5.07% | 5.48% |
| 7Y | 5.24% | 6.24% |
| 9Y | 5.66% | 7.14% |
| 10Y | 5.86% | 7.70% |
| 15Y | 6.31% | 7.23% |
| 25Y | 6.36% | 6.43% |
| 30Y | 6.36% | 6.36% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.77% and the 10-year 5.86%, a 10Y−2Y spread of +109 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 ago2026-07-01 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-27 | 5m ago2026-02-26 |
|---|---|---|---|---|---|---|
| 2Y | 4.77% | 4.53% | 4.60% | 4.38% | 4.39% | 3.87% |
| 10Y | 5.86% | 5.61% | 5.74% | 5.60% | 5.65% | 5.31% |
| 10Y − 2Y | +109 bp | +108 bp | +115 bp | +122 bp | +126 bp | +145 bp |
Bonds in this curve
A selection of 30 of the 33 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Diageo Capital PLC | 4.64% | 2026-10-05 | 5.38% | US25243YBK47 |
| Unilever PLC | 4.35% | 2027-05-05 | 2.90% | US904764AY33 |
| Reckitt Benckiser Treasury Services PLC | 4.94% | 2027-06-26 | 3.00% | USG7420TAE67 |
| Reckitt Benckiser Treasury Services PLC | 4.32% | 2027-06-26 | 3.00% | US75625QAE98 |
| Diageo Capital PLC | 4.64% | 2027-10-24 | 5.30% | US25243YBG35 |
| British American Tobacco plc | 4.86% | 2028-03-16 | 4.45% | US05530QAP54 |
| Unilever PLC | 4.42% | 2028-03-22 | 3.50% | US904764BC04 |
| Imperial Brands Finance PLC | 5.02% | 2028-06-30 | 4.50% | USG471ABR287 |
| Imperial Brands Finance PLC | 4.97% | 2028-06-30 | 4.50% | US45262BAJ26 |
| Unilever PLC | 4.65% | 2028-09-08 | 4.88% | US904764BS55 |
| British American Tobacco plc | 4.86% | 2029-02-02 | 5.93% | US05530QAQ38 |
| Carnival Corp | 5.47% | 2029-05-01 | 5.12% | US143658CB65 |
| Unilever PLC | 4.65% | 2029-09-06 | 2.12% | US904764BH90 |
| British American Tobacco plc | 5.10% | 2030-08-02 | 6.34% | US054989AA67 |
| Unilever PLC | 4.71% | 2030-09-14 | 1.38% | US904764BK20 |
| British American Tobacco plc | 5.12% | 2032-03-16 | 4.74% | US05526DBW48 |
| Unilever PLC | 4.82% | 2032-11-15 | 5.90% | US904764AH00 |
| Diageo Capital PLC | 5.18% | 2033-01-24 | 5.50% | US25243YBH18 |
| British American Tobacco plc | 5.30% | 2033-08-02 | 6.42% | US054989AB41 |
| Diageo Capital PLC | 5.18% | 2033-10-05 | 5.62% | US25243YBN85 |
| Unilever PLC | 5.04% | 2033-12-08 | 5.00% | US904764BT39 |
| Imperial Brands Finance PLC | 5.79% | 2035-07-01 | 5.62% | USG471ABR360 |
| Imperial Brands Finance PLC | 5.73% | 2035-07-01 | 5.62% | US45262BAK98 |
| Tesco PLC | 6.04% | 2037-11-15 | 6.15% | USG87621AL52 |
| Marks & Spencer PLC | 6.28% | 2037-12-01 | 7.12% | USG5825LAA64 |
| Diageo Capital PLC | 6.00% | 2043-04-29 | 3.88% | US25243YAV11 |
| British American Tobacco plc | 6.25% | 2043-08-02 | 7.08% | US054989AC24 |
| British American Tobacco plc | 6.36% | 2052-03-16 | 5.65% | US05526DBV64 |
| British American Tobacco plc | 6.41% | 2053-08-02 | 7.08% | US054989AD07 |
| Imperial Brands Finance PLC | 6.53% | 2055-07-01 | 6.38% | USG471ABR444 |