United Kingdom Senior Unsecured Metals & Mining Corporate Bond Yields (USD)
Fitted spot curve as of 2026-08-20
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-metals-mining-united-kingdom
United Kingdom Senior Unsecured Metals & Mining Corporate Bond Yields (USD) as of 2026-08-20: 10Y at 5.68%, fitted curve 6M–40Y (4.57%–6.11%), 44 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.57% | — |
| 9M | 4.61% | 4.68% |
| 12M | 4.64% | 4.76% |
| 18M | 4.72% | 4.87% |
| 2Y | 4.79% | 5.02% |
| 3Y | 4.94% | 5.23% |
| 4Y | 5.07% | 5.49% |
| 5Y | 5.20% | 5.71% |
| 6Y | 5.32% | 5.91% |
| 7Y | 5.43% | 6.07% |
| 8Y | 5.52% | 6.20% |
| 9Y | 5.61% | 6.29% |
| 10Y | 5.68% | 6.36% |
| 15Y | 5.93% | 6.42% |
| 25Y | 6.08% | 6.31% |
| 30Y | 6.10% | 6.19% |
| 40Y | 6.11% | 6.14% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.79% and the 10-year 5.68%, a 10Y−2Y spread of +89 bp — positively sloped — as of 2026-08-20. 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 | Latest2026-08-20 |
|---|---|
| 2Y | 4.79% |
| 10Y | 5.68% |
| 10Y − 2Y | +89 bp |
Yields by rating group
The same curve split by credit quality: 58 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.32%, Speculative 8.68%.
Bonds in this curve
A selection of 30 of the 58 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| RIO Tinto PLC | 4.14% | 2027-03-12 | 4.38% | US76720AAQ94 |
| Anglo American Capital PLC | 4.71% | 2027-04-10 | 4.75% | USG0446NAL85 |
| Anglo American Capital PLC | 4.93% | 2027-09-11 | 4.00% | USG0446NAN42 |
| RIO Tinto PLC | 4.64% | 2028-03-14 | 4.50% | US76720AAR77 |
| Anglo American Capital PLC | 4.75% | 2028-03-15 | 4.50% | USG0446NAP99 |
| Anglo American Capital PLC | 5.37% | 2028-03-17 | 2.25% | USG0446NAU84 |
| RIO Tinto PLC | 4.50% | 2028-07-15 | 7.12% | US767201AD89 |
| RIO Tinto PLC | 5.05% | 2028-11-01 | 7.25% | US013716AN50 |
| Anglo American Capital PLC | 4.97% | 2029-03-16 | 3.88% | USG0446NAW41 |
| Anglo American Capital PLC | 4.78% | 2029-03-16 | 3.88% | US034863BB50 |
| RIO Tinto PLC | 4.78% | 2030-03-14 | 4.88% | US76720AAS50 |
| Anglo American Capital PLC | 5.14% | 2030-09-10 | 2.62% | USG0446NAS39 |
| RIO Tinto PLC | 5.12% | 2031-03-15 | 7.25% | US013716AQ81 |
| Anglo American Capital PLC | 5.20% | 2031-03-17 | 2.88% | USG0446NAV67 |
| RIO Tinto PLC | 4.97% | 2032-03-14 | 5.00% | US76720AAT34 |
| Anglo American Capital PLC | 5.43% | 2033-03-19 | 5.00% | USG0446NBC77 |
| Anglo American Capital PLC | 5.52% | 2033-05-02 | 5.50% | USG0446NAY07 |
| Anglo American Capital PLC | 5.58% | 2034-04-05 | 5.75% | USG0446NAZ71 |
| Anglo American Capital PLC | 5.51% | 2034-04-05 | 5.75% | US034863BE99 |
| RIO Tinto PLC | 5.34% | 2035-03-14 | 5.25% | US76720AAU07 |
| Antofagasta PLC | 5.69% | 2035-09-09 | 5.62% | USG0399BAC12 |
| Anglo American Capital PLC | 5.67% | 2036-03-19 | 5.25% | USG0446NBD50 |
| Anglo American Capital PLC | 5.64% | 2036-03-19 | 5.25% | US034863BJ86 |
| RIO Tinto PLC | 5.70% | 2040-11-02 | 5.20% | US767201AL06 |
| RIO Tinto PLC | 5.77% | 2042-03-22 | 4.75% | US76720AAD81 |
| Anglo American Capital PLC | 6.30% | 2050-09-10 | 3.95% | USG0446NAT12 |
| Fresnillo PLC | 6.32% | 2050-10-02 | 4.25% | USG371E72B25 |
| Anglo American Capital PLC | 6.35% | 2054-04-05 | 6.00% | USG0446NBA12 |
| RIO Tinto PLC | 5.97% | 2055-03-14 | 5.75% | US76720AAV89 |
| RIO Tinto PLC | 6.06% | 2065-03-14 | 5.88% | US76720AAW62 |