United States Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-oil-gas-united-states-callable
United States Senior Unsecured Callable Oil & Gas Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 6.00%, fitted curve 1M–40Y (5.07%–6.33%), 846 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 5.07% | — |
| 3M | 5.09% | 5.10% |
| 6M | 5.12% | 5.29% |
| 9M | 5.15% | 5.31% |
| 12M | 5.18% | 5.31% |
| 18M | 5.24% | 5.44% |
| 2Y | 5.30% | 5.56% |
| 3Y | 5.41% | 5.74% |
| 4Y | 5.52% | 5.97% |
| 5Y | 5.62% | 6.17% |
| 6Y | 5.71% | 6.36% |
| 7Y | 5.79% | 6.52% |
| 8Y | 5.87% | 6.65% |
| 9Y | 5.94% | 6.76% |
| 10Y | 6.00% | 6.84% |
| 15Y | 6.19% | 6.94% |
| 20Y | 6.27% | 6.89% |
| 25Y | 6.31% | 6.75% |
| 30Y | 6.32% | 6.63% |
| 40Y | 6.33% | 6.52% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.30% and the 10-year 6.00%, a 10Y−2Y spread of +70 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 | 5.30% | 4.98% | 4.97% | 4.86% | 4.75% | 4.72% | 4.68% |
| 10Y | 6.00% | 5.75% | 5.71% | 5.63% | 5.58% | 5.54% | 5.42% |
| 10Y − 2Y | +70 bp | +77 bp | +74 bp | +76 bp | +83 bp | +82 bp | +74 bp |
Yields by rating group
The same curve split by credit quality: 1003 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.19%, A+ to BBB- 5.78%, Speculative 6.61%.
Bonds in this curve
A selection of 30 of the 1015 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Phillips 66 CO | 4.11% | 2026-10-01 | 3.55% | US718547AF91 |
| Spectra Energy Partners LP | 3.96% | 2026-10-15 | 3.38% | US84756NAH26 |
| Kinder Morgan INC | 4.79% | 2026-11-15 | 1.75% | US49456BAU52 |
| Buckeye Partners L.P. | 7.11% | 2026-12-01 | 3.95% | US118230AQ44 |
| Enterprise Products Operating LLC | 5.21% | 2027-02-15 | 3.95% | US29379VBL62 |
| Occidental Petroleum Corp | 5.47% | 2027-02-15 | 3.00% | US674599CM50 |
| Kosmos Energy LTD | 8.35% | 2027-05-01 | 7.75% | USU5007TAD73 |
| Chevron USA INC | 4.66% | 2027-05-11 | 2.00% | US166764BX70 |
| Chevron USA INC | 4.49% | 2027-08-12 | 1.02% | US166756AL00 |
| Chevron USA INC | 4.54% | 2027-08-13 | 3.95% | US166756BG06 |
| Baker Hughes Holdings LLC | 4.75% | 2027-12-15 | 3.34% | US05723KAE01 |
| Chevron USA INC | 4.70% | 2028-01-15 | 3.85% | US166756AR79 |
| Energy Transfer LP | 5.08% | 2028-06-15 | 4.95% | US29278NAF06 |
| Enterprise Products Operating LLC | 4.88% | 2028-06-20 | 4.30% | US29379VCJ08 |
| Oneok INC | 5.18% | 2029-03-15 | 4.35% | US682680AW38 |
| Williams Companies INC | 5.26% | 2029-03-15 | 4.90% | US88339WAB28 |
| National Fuel GAS CO | 5.62% | 2030-03-15 | 5.50% | US636180BT74 |
| Oneok INC | 5.33% | 2030-03-15 | 3.10% | US682680BB81 |
| Williams Companies INC | 5.55% | 2031-03-15 | 2.60% | US969457BY52 |
| Diamondback Energy INC | 5.39% | 2031-03-24 | 3.12% | US25278XAR08 |
| Chevron USA INC | 5.16% | 2032-04-15 | 4.82% | US166756BE57 |
| Hess Corp | 5.40% | 2033-03-15 | 7.12% | US023551AM66 |
| Williams Companies INC | 5.79% | 2034-03-15 | 5.15% | US88339WAC01 |
| Energy Transfer LP | 5.91% | 2035-03-15 | 4.90% | US29273RBE80 |
| Mplx LP | 6.00% | 2036-04-01 | 5.30% | US55336VCE83 |
| Valero Energy Corp | 6.23% | 2039-03-15 | 10.50% | US91913YAP51 |
| Enterprise Products Operating LLC | 6.11% | 2044-03-15 | 4.85% | US29379VBA08 |
| Energy Transfer LP | 6.56% | 2049-04-15 | 6.25% | US29279FAA75 |
| Conocophillips Company | 6.21% | 2054-03-15 | 5.55% | US20826FBG00 |
| Conocophillips Company | 6.31% | 2063-09-15 | 5.70% | US20826FBH82 |