Germany Industrials Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-04
https://bondscovery.com/yield-curve/usd-corporate-industrials-germany
Germany Industrials Corporate Bond Yields (USD) as of 2026-09-04: 9Y at 5.60%, fitted curve 1M–40Y (4.45%–5.91%), 60 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.45% | — |
| 3M | 4.47% | 4.49% |
| 6M | 4.51% | 4.66% |
| 12M | 4.59% | 4.73% |
| 18M | 4.67% | 4.90% |
| 2Y | 4.75% | 5.07% |
| 3Y | 4.91% | 5.32% |
| 4Y | 5.06% | 5.64% |
| 5Y | 5.20% | 5.92% |
| 6Y | 5.32% | 6.15% |
| 7Y | 5.43% | 6.32% |
| 8Y | 5.52% | 6.44% |
| 9Y | 5.60% | 6.52% |
| 15Y | 5.84% | 6.51% |
| 20Y | 5.89% | 6.29% |
| 30Y | 5.91% | 6.10% |
| 40Y | 5.91% | 6.02% |
2Y, 10Y and the 10Y−2Y spread over time
Fitted 2Y and 10Y yields and their spread, sampled one build date per month. See all inverted curves today →
| Tenor | Latest2026-09-04 | 1m ago2026-08-05 | 2m ago2026-07-06 | 3m ago2026-06-05 | 4m ago2026-05-07 | 5m ago2026-04-07 | 6m ago2026-03-09 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.75% | 4.70% | 4.60% | 4.55% | 4.44% | 4.52% | 4.01% |
| 10Y | — | — | — | — | — | — | — |
| 10Y − 2Y | — | — | — | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 65 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.29%, A+ to BBB- 4.88%.
Bonds in this curve
A selection of 30 of the 65 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Siemens AG | 3.68% | 2026-10-15 | 2.35% | US82620KAL70 |
| Siemens AG | 5.32% | 2026-10-15 | 2.35% | USN82008AL29 |
| Daimler Truck Finance North America LLC | 4.76% | 2026-12-14 | 2.00% | USU2340BAF41 |
| Daimler Truck Finance North America LLC | 4.36% | 2027-01-15 | 5.00% | US233853AV24 |
| Siemens AG | 4.31% | 2027-03-16 | 3.40% | USN82008AU28 |
| Daimler Truck Finance North America LLC | 4.51% | 2027-04-07 | 3.65% | USU2340BAM91 |
| Daimler Truck Finance North America LLC | 4.82% | 2027-08-12 | 4.30% | USU2340BBG15 |
| Daimler Truck Finance North America LLC | 4.55% | 2027-09-25 | 5.12% | US233853AY62 |
| Daimler Truck Finance North America LLC | 4.74% | 2028-01-13 | 4.95% | US233853BC34 |
| Daimler Truck Finance North America LLC | 4.77% | 2028-01-13 | 4.95% | USU2340BBC01 |
| Daimler Truck Finance North America LLC | 4.86% | 2028-09-20 | 5.40% | USU2340BAT45 |
| Daimler Truck Finance North America LLC | 5.25% | 2028-12-14 | 2.38% | USU2340BAG24 |
| Daimler Truck Finance North America LLC | 4.98% | 2029-09-25 | 5.12% | US233853AZ38 |
| Daimler Truck Finance North America LLC | 5.05% | 2029-09-25 | 5.12% | USU2340BAZ05 |
| Siemens AG | 4.85% | 2030-05-28 | 4.60% | US82622RAC07 |
| Siemens AG | 4.85% | 2030-05-28 | 4.60% | USN9000TAC64 |
| Siemens AG | 4.95% | 2031-03-11 | 2.15% | USN82008BA54 |
| Daimler Truck Finance North America LLC | 5.31% | 2031-04-12 | 4.50% | USU2340BBL00 |
| Siemens AG | 5.00% | 2032-05-28 | 4.90% | US82622RAD89 |
| Siemens AG | 4.97% | 2032-05-28 | 4.90% | USN9000TAD48 |
| Daimler Truck Finance North America LLC | 5.49% | 2033-09-20 | 5.50% | US233853AU41 |
| Daimler Truck Finance North America LLC | 5.54% | 2033-09-20 | 5.50% | USU2340BAU18 |
| Daimler Truck Finance North America LLC | 5.64% | 2034-06-25 | 5.38% | USU2340BBA45 |
| Daimler Truck Finance North America LLC | 5.73% | 2035-01-13 | 5.62% | USU2340BBF32 |
| Siemens AG | 5.30% | 2035-05-28 | 5.20% | US82622RAE62 |
| Siemens AG | 5.28% | 2035-05-28 | 5.20% | USN9000TAE21 |
| Siemens AG | 5.72% | 2041-03-11 | 2.88% | USN82008BB38 |
| Siemens AG | 5.80% | 2045-05-27 | 4.40% | USN82008AF50 |
| Siemens AG | 5.92% | 2055-05-28 | 5.80% | US82622RAF38 |
| Siemens AG | 5.98% | 2065-05-28 | 5.90% | US82622RAG11 |