US Senior Unsecured Non-Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-oil-gas-non-callable
US Senior Unsecured Non-Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.64%, fitted curve 1M–40Y (4.70%–6.59%), 84 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.70% | — |
| 3M | 4.72% | 4.73% |
| 6M | 4.75% | 4.77% |
| 9M | 4.77% | 4.82% |
| 12M | 4.80% | 4.88% |
| 18M | 4.85% | 4.95% |
| 2Y | 4.90% | 5.05% |
| 3Y | 5.00% | 5.20% |
| 4Y | 5.10% | 5.40% |
| 5Y | 5.20% | 5.59% |
| 6Y | 5.29% | 5.77% |
| 7Y | 5.39% | 5.94% |
| 8Y | 5.47% | 6.10% |
| 9Y | 5.56% | 6.24% |
| 10Y | 5.64% | 6.37% |
| 15Y | 5.98% | 6.67% |
| 20Y | 6.22% | 6.95% |
| 25Y | 6.38% | 7.03% |
| 30Y | 6.49% | 6.99% |
| 40Y | 6.59% | 6.89% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.90% and the 10-year 5.64%, a 10Y−2Y spread of +74 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.90% | 4.75% | 4.73% | 4.55% | 4.75% | — | 4.23% |
| 10Y | 5.64% | 5.45% | 5.49% | 5.38% | 5.58% | 5.17% | 5.30% |
| 10Y − 2Y | +74 bp | +70 bp | +75 bp | +82 bp | +83 bp | — | +107 bp |
Yields by rating group
The same curve split by credit quality: 101 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.30%, A+ to BBB- 5.30%, Speculative 5.69%.
Bonds in this curve
A selection of 30 of the 102 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Woodside Finance LTD | 4.43% | 2026-09-15 | 3.70% | USQ98236AC80 |
| Petroliam Nasional Berhad (Petronas) | 4.55% | 2026-10-15 | 7.62% | USY68851AK32 |
| Occidental Petroleum Corp | 6.09% | 2026-10-15 | 7.50% | US674599DN25 |
| Baker Hughes Holdings LLC | 4.97% | 2026-12-15 | 2.06% | US05724BAD10 |
| BP PLC | 4.17% | 2027-01-16 | 3.02% | US10373QAV23 |
| Korea National OIL Corp | 4.44% | 2027-03-27 | 3.38% | US50066RAG11 |
| BP PLC | 4.82% | 2027-04-14 | 3.59% | US10373QAZ37 |
| Equinor ASA | 4.60% | 2027-09-23 | 7.25% | US656531AM27 |
| Oneok INC | 5.07% | 2028-01-15 | 5.62% | USU6836MAA37 |
| EOG Resources INC | 4.71% | 2028-04-01 | 6.65% | US293562AD63 |
| OQ Saoc | 5.87% | 2028-05-06 | 5.12% | XS2248458395 |
| Petroleos Mexicanos | 5.68% | 2029-01-23 | 6.50% | US71654QCP54 |
| Saudi Arabian OIL Company | 4.99% | 2029-02-02 | 4.00% | XS3283469313 |
| Sinopec Group | 4.47% | 2029-08-08 | 2.95% | USG82016AH29 |
| State OIL Company of the Azerbaijan Republic | 5.08% | 2030-03-18 | 6.95% | XS1196496688 |
| Petroliam Nasional Berhad (Petronas) | 4.86% | 2030-04-21 | 3.50% | USY68856AT38 |
| Saudi Arabian OIL Company | 5.12% | 2031-02-02 | 4.38% | XS3282974933 |
| Korea National OIL Corp | 4.93% | 2031-04-07 | 2.38% | US50066RAQ92 |
| Valero Energy Corp | 5.12% | 2032-04-15 | 7.50% | US91913YAE05 |
| Korea National OIL Corp | 5.01% | 2032-04-18 | 2.62% | US50066RAT32 |
| Suncor Energy INC | 5.38% | 2033-07-15 | 5.35% | US716442AH16 |
| Kinder Morgan Energy Partners LP | 5.41% | 2033-08-15 | 7.30% | US494550AQ90 |
| Saudi Arabian OIL Company | 5.45% | 2034-07-17 | 5.25% | XS2861550817 |
| Orlen SA | 5.68% | 2035-01-30 | 6.00% | XS2975119988 |
| Saudi Arabian OIL Company | 5.54% | 2036-02-02 | 5.00% | XS3282975583 |
| Saudi Arabian OIL Company | 5.85% | 2039-04-16 | 4.25% | XS1982113463 |
| PT Pertamina (Persero) | 6.61% | 2044-05-30 | 6.45% | US69370RAA59 |
| Sinopec Group | 5.27% | 2049-08-08 | 3.68% | USG82016AJ84 |
| Petroliam Nasional Berhad (Petronas) | 5.80% | 2060-04-21 | 4.80% | USY68856AW66 |
| Saudi Arabian OIL Company | 6.67% | 2064-07-17 | 5.88% | XS2861555964 |