United States Senior Unsecured Industrials Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-industrials-united-states
United States Senior Unsecured Industrials Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.79%, fitted curve 1M–40Y (4.39%–6.11%), 505 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.39% | — |
| 3M | 4.44% | 4.46% |
| 6M | 4.50% | 4.67% |
| 9M | 4.57% | 4.82% |
| 12M | 4.63% | 4.82% |
| 18M | 4.76% | 5.08% |
| 2Y | 4.88% | 5.33% |
| 3Y | 5.10% | 5.67% |
| 4Y | 5.30% | 6.03% |
| 5Y | 5.45% | 6.28% |
| 6Y | 5.58% | 6.41% |
| 7Y | 5.67% | 6.43% |
| 8Y | 5.73% | 6.37% |
| 9Y | 5.77% | 6.28% |
| 10Y | 5.79% | 6.19% |
| 15Y | 5.93% | 6.48% |
| 20Y | 6.08% | 7.07% |
| 25Y | 6.10% | 6.46% |
| 30Y | 6.11% | 6.23% |
| 40Y | 6.11% | 6.20% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.88% and the 10-year 5.79%, a 10Y−2Y spread of +91 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.88% | 4.76% | 4.71% | 4.59% | 4.51% | 4.34% | 4.13% |
| 10Y | 5.79% | 5.56% | 5.44% | 5.39% | 5.25% | 5.21% | 5.29% |
| 10Y − 2Y | +91 bp | +79 bp | +73 bp | +81 bp | +74 bp | +86 bp | +116 bp |
Yields by rating group
The same curve split by credit quality: 580 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.42%, A+ to BBB- 5.25%, Speculative 6.19%.
Bonds in this curve
A selection of 30 of the 587 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deere & Company | 4.66% | 2026-10-13 | 1.30% | US24422EVW64 |
| Caterpillar | 4.25% | 2026-10-16 | 4.45% | US14913UAN00 |
| Illinois Tool Works INC | 4.27% | 2026-11-15 | 2.65% | US452308AX78 |
| Westinghouse AIR Brake Technologies Corporation | 4.75% | 2026-11-15 | 3.45% | US960386AL46 |
| Sonoco Products CO | 4.62% | 2027-02-01 | 2.25% | US835495AN20 |
| Carrier Global Corp | 4.47% | 2027-02-15 | 2.49% | US14448CAP95 |
| Caterpillar | 4.39% | 2027-05-14 | 5.00% | US14913UAL44 |
| Deere & Company | 4.47% | 2027-06-11 | 4.90% | US24422EXR51 |
| Lennox International INC | 4.59% | 2027-08-01 | 1.70% | US526107AF41 |
| Caterpillar | 4.40% | 2027-08-12 | 3.60% | US14913R3A32 |
| Enersys | 5.31% | 2027-12-15 | 4.38% | US29275YAC66 |
| Deere & Company | 4.56% | 2028-01-06 | 3.05% | US24422EUB37 |
| Amphenol Corp | 4.83% | 2028-06-12 | 4.38% | US032095AT89 |
| Spirit Aerosystems INC | 5.06% | 2028-06-15 | 4.60% | US85205TAK60 |
| Wrkco INC | 5.16% | 2029-03-15 | 4.90% | US92940PAD69 |
| Wesco Distribution INC | 5.89% | 2029-03-15 | 6.38% | US95081QAQ73 |
| Stanley Black & Decker INC | 5.32% | 2030-03-15 | 2.30% | US854502AL57 |
| 3M Company | 5.06% | 2030-03-15 | 4.80% | US88579YBQ35 |
| Caterpillar | 5.01% | 2031-03-12 | 1.90% | US149123CK50 |
| Herc Holdings INC | 6.10% | 2031-03-15 | 5.75% | US42704LAH78 |
| Wesco Distribution INC | 6.28% | 2032-03-15 | 6.62% | US95081QAR56 |
| Eaton Corp | 5.27% | 2033-03-15 | 4.15% | US278062AH73 |
| Herc Holdings INC | 6.53% | 2034-03-15 | 6.00% | US42704LAK08 |
| Emerson Electric CO | 5.43% | 2035-03-15 | 5.00% | US291011BT08 |
| Vertiv Group Corp | 5.77% | 2036-03-15 | 4.85% | US92537NAA63 |
| Carrier Global Corp | 5.93% | 2040-04-05 | 3.38% | US14448CAR51 |
| Caterpillar | 5.89% | 2044-05-15 | 4.30% | US149123CD18 |
| Parker-Hannifin Corp | 6.11% | 2049-06-14 | 4.00% | US701094AP92 |
| Carrier Global Corp | 6.12% | 2054-03-15 | 6.20% | USU1453PAQ47 |
| Honeywell International INC | 6.27% | 2064-03-01 | 5.35% | US438516CU84 |