US Senior Unsecured Non-Callable Industrials Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-industrials-non-callable
US Senior Unsecured Non-Callable Industrials Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.69%, fitted curve 1M–20Y (4.53%–6.36%), 69 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.53% | — |
| 3M | 4.55% | 4.56% |
| 6M | 4.59% | 4.72% |
| 9M | 4.62% | 4.77% |
| 12M | 4.65% | 4.77% |
| 18M | 4.71% | 4.91% |
| 2Y | 4.78% | 5.04% |
| 3Y | 4.90% | 5.24% |
| 4Y | 5.03% | 5.51% |
| 5Y | 5.15% | 5.78% |
| 6Y | 5.27% | 6.05% |
| 7Y | 5.38% | 6.30% |
| 8Y | 5.49% | 6.55% |
| 10Y | 5.69% | 6.90% |
| 15Y | 6.09% | 7.58% |
| 20Y | 6.36% | 8.27% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.78% and the 10-year 5.69%, a 10Y−2Y spread of +91 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.78% | 4.48% | 4.49% | 4.37% | 4.24% | 4.15% | 3.96% |
| 10Y | 5.69% | 5.47% | 5.29% | 5.30% | 5.23% | 5.20% | 4.97% |
| 10Y − 2Y | +91 bp | +99 bp | +80 bp | +93 bp | +99 bp | +105 bp | +101 bp |
Yields by rating group
The same curve split by credit quality: 75 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.71%, A+ to BBB- 4.95%, Speculative 10.64%.
Bonds in this curve
A selection of 30 of the 78 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Foxconn (FAR East) Limited | 4.65% | 2026-09-23 | 3.00% | XS1490623516 |
| Deere & Company | 4.66% | 2026-10-13 | 1.30% | US24422EVW64 |
| Deere & Company | 5.42% | 2027-01-08 | 4.50% | US24422EXF14 |
| Deere & Company | 5.15% | 2027-01-11 | 1.70% | US24422EWA36 |
| Deere & Company | 4.34% | 2027-03-05 | 4.85% | US24422EXM64 |
| Deere & Company | 4.27% | 2027-03-08 | 2.35% | US24422EWD74 |
| Deere & Company | 4.48% | 2027-06-11 | 4.90% | US24422EXR51 |
| Deere & Company | 4.40% | 2027-07-15 | 4.20% | US24422EXV63 |
| Deere & Company | 4.53% | 2027-09-08 | 2.80% | US24422ETW92 |
| Deere & Company | 4.51% | 2027-09-15 | 4.15% | US24422EWK18 |
| Deere & Company | 4.61% | 2028-01-06 | 3.05% | US24422EUB37 |
| Deere & Company | 4.61% | 2028-01-07 | 4.65% | US24422EXZ77 |
| Deere & Company | 4.69% | 2028-07-14 | 4.95% | US24422EXB00 |
| Caterpillar | 4.85% | 2028-11-14 | 3.95% | US14913UBD19 |
| Deere & Company | 4.90% | 2029-06-11 | 4.85% | US24422EXT18 |
| Deere & Company | 4.82% | 2029-06-15 | 4.40% | US24422EYP86 |
| Deere & Company | 5.00% | 2030-06-05 | 4.55% | US24422EYE30 |
| Deere & Company | 5.05% | 2030-06-10 | 4.70% | US24422EWZ86 |
| Deere & Company | 5.19% | 2031-06-17 | 2.00% | US24422EVS52 |
| Deere & Company | 5.17% | 2031-09-08 | 4.40% | US24422EXX20 |
| Deere & Company | 5.08% | 2032-06-07 | 3.90% | US24422EWH88 |
| Sappi Papier Holding Gmbh | 10.64% | 2032-06-15 | 7.50% | XS0149581935 |
| Deere & Company | 5.26% | 2033-09-08 | 5.15% | US24422EXE49 |
| Deere & Company | 5.37% | 2034-04-11 | 5.10% | US24422EXP95 |
| Deere & Company | 5.39% | 2034-06-12 | 5.05% | US24422EXU80 |
| Owens Corning | 6.01% | 2036-12-01 | 7.00% | US690742AB73 |
| 3M Company | 5.56% | 2037-03-15 | 5.70% | US88579EAC93 |
| Caterpillar | 6.01% | 2042-05-01 | 6.95% | US149123BK69 |
| Caterpillar | 5.79% | 2042-08-15 | 3.80% | US149123CB51 |
| Westrock MWV LLC | 6.51% | 2047-03-01 | 7.55% | US582834AP26 |