US Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-oil-gas-callable
US Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.93%, fitted curve 1M–40Y (4.89%–6.26%), 1265 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.89% | — |
| 3M | 4.92% | 4.93% |
| 6M | 4.95% | 5.11% |
| 9M | 4.98% | 5.15% |
| 12M | 5.02% | 5.15% |
| 18M | 5.09% | 5.30% |
| 2Y | 5.15% | 5.44% |
| 3Y | 5.28% | 5.64% |
| 4Y | 5.41% | 5.90% |
| 5Y | 5.52% | 6.14% |
| 6Y | 5.62% | 6.34% |
| 7Y | 5.72% | 6.51% |
| 8Y | 5.80% | 6.64% |
| 9Y | 5.87% | 6.75% |
| 10Y | 5.93% | 6.82% |
| 15Y | 6.13% | 6.89% |
| 20Y | 6.21% | 6.80% |
| 25Y | 6.24% | 6.65% |
| 30Y | 6.25% | 6.53% |
| 40Y | 6.26% | 6.43% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.15% and the 10-year 5.93%, a 10Y−2Y spread of +78 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 | 5.15% | 4.99% | 5.01% | 4.84% | 4.68% | 4.70% | 4.52% |
| 10Y | 5.93% | 5.77% | 5.75% | 5.59% | 5.52% | 5.58% | 5.52% |
| 10Y − 2Y | +78 bp | +78 bp | +73 bp | +75 bp | +83 bp | +88 bp | +100 bp |
Yields by rating group
The same curve split by credit quality: 1518 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.42%, A+ to BBB- 5.66%, Speculative 6.77%.
Bonds in this curve
A selection of 30 of the 1537 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Spectra Energy Partners LP | 3.96% | 2026-10-15 | 3.38% | US84756NAH26 |
| Oneok INC | 5.02% | 2026-11-01 | 5.55% | US682680BH51 |
| Enbridge INC | 4.97% | 2026-11-15 | 5.90% | US29250NBW48 |
| Kinder Morgan INC | 4.32% | 2026-11-15 | 1.75% | US49456BAU52 |
| Occidental Petroleum Corp | 5.38% | 2027-02-15 | 3.00% | US674599CM50 |
| Chevron USA INC | 4.31% | 2027-02-26 | 4.41% | US166756AZ95 |
| PAN American Energy S.L. Argentine Branch | 6.89% | 2027-04-30 | 9.12% | USE7S78BAB82 |
| Kosmos Energy LTD | 8.39% | 2027-05-01 | 7.75% | USU5007TAD73 |
| Chevron USA INC | 4.46% | 2027-08-12 | 1.02% | US166756AL00 |
| Chevron USA INC | 4.51% | 2027-08-13 | 3.95% | US166756BG06 |
| Baker Hughes Holdings LLC | 4.66% | 2027-12-15 | 3.34% | US05723KAE01 |
| Infraestructura Energetica Nova S.A.B. de C.V. | 5.47% | 2028-01-14 | 3.75% | USP56145AA66 |
| Energy Transfer LP | 4.98% | 2028-06-15 | 4.95% | US29278NAF06 |
| Enbridge INC | 4.99% | 2028-06-20 | 4.60% | US29250NCH61 |
| Oneok INC | 5.11% | 2029-03-15 | 4.35% | US682680AW38 |
| Williams Companies INC | 5.14% | 2029-03-15 | 4.90% | US88339WAB28 |
| National Fuel GAS CO | 5.49% | 2030-03-15 | 5.50% | US636180BT74 |
| Oneok INC | 5.25% | 2030-03-15 | 3.10% | US682680BB81 |
| Williams Companies INC | 5.42% | 2031-03-15 | 2.60% | US969457BY52 |
| Diamondback Energy INC | 5.29% | 2031-03-24 | 3.12% | US25278XAR08 |
| China National Offshore Oil Corporation (Cnooc Group) | 5.26% | 2032-03-15 | 7.88% | US65334HAA05 |
| Hess Corp | 5.42% | 2033-03-15 | 7.12% | US023551AM66 |
| Williams Companies INC | 5.68% | 2034-03-15 | 5.15% | US88339WAC01 |
| Energy Transfer LP | 5.82% | 2035-03-15 | 4.90% | US29273RBE80 |
| Enbridge INC | 5.78% | 2036-03-27 | 5.45% | US29250NCR44 |
| Valero Energy Corp | 6.25% | 2039-03-15 | 10.50% | US91913YAP51 |
| Enterprise Products Operating LLC | 6.12% | 2044-03-15 | 4.85% | US29379VBA08 |
| Transcanada Pipelines Limited | 6.06% | 2049-03-15 | 5.10% | US89352HAZ29 |
| Conocophillips Company | 6.22% | 2054-03-15 | 5.55% | US20826FBG00 |
| Conocophillips Company | 6.25% | 2063-09-15 | 5.70% | US20826FBH82 |