United States Senior Unsecured Callable Real Estate / Construction Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-real-estate-construction-united-states-callable
United States Senior Unsecured Callable Real Estate / Construction Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.95%, fitted curve 1M–30Y (4.90%–6.46%), 698 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.90% | — |
| 3M | 4.93% | 4.94% |
| 6M | 4.97% | 5.13% |
| 9M | 5.01% | 5.19% |
| 12M | 5.05% | 5.19% |
| 18M | 5.12% | 5.35% |
| 2Y | 5.20% | 5.51% |
| 3Y | 5.34% | 5.73% |
| 4Y | 5.47% | 5.99% |
| 5Y | 5.58% | 6.22% |
| 6Y | 5.69% | 6.39% |
| 7Y | 5.77% | 6.52% |
| 8Y | 5.84% | 6.60% |
| 9Y | 5.90% | 6.65% |
| 10Y | 5.95% | 6.67% |
| 15Y | 6.09% | 6.65% |
| 20Y | 6.16% | 6.68% |
| 25Y | 6.26% | 7.38% |
| 30Y | 6.46% | 9.95% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.20% and the 10-year 5.95%, a 10Y−2Y spread of +76 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 | 5.20% | 4.86% | 4.80% | 4.72% | 4.56% | 4.65% | 4.36% |
| 10Y | 5.95% | 5.67% | 5.56% | 5.46% | 5.46% | 5.36% | 5.32% |
| 10Y − 2Y | +76 bp | +81 bp | +76 bp | +73 bp | +90 bp | +71 bp | +96 bp |
Yields by rating group
The same curve split by credit quality: 787 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.25%, A+ to BBB- 5.56%, Speculative 6.35%.
Bonds in this curve
A selection of 30 of the 793 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Boston Properties LP | 5.69% | 2026-10-01 | 2.75% | US10112RAY09 |
| Kimco Realty OP LLC | 6.75% | 2026-10-01 | 2.80% | US49446RAP47 |
| Equinix INC | 4.82% | 2026-11-18 | 2.90% | US29444UBD72 |
| Simon Property Group LP | 4.08% | 2026-11-30 | 3.25% | US828807CY15 |
| Regency Centers LP | 4.85% | 2027-02-01 | 3.60% | US75884RAV50 |
| Welltower OP LLC | 4.68% | 2027-02-15 | 2.70% | US95040QAK04 |
| EPR Properties | 5.05% | 2027-06-01 | 4.50% | US26884UAD19 |
| Simon Property Group LP | 4.82% | 2027-06-15 | 3.38% | US828807DC85 |
| Quanta Services INC | 4.87% | 2027-08-09 | 4.75% | US74762EAK82 |
| Vereit Operating Partnership L.P. | 5.70% | 2027-08-15 | 3.95% | US92340LAC37 |
| Martin Marietta Materials INC | 5.14% | 2027-12-15 | 3.50% | US573284AT34 |
| Crown Castle INC | 5.33% | 2028-01-11 | 5.00% | US22822VBA89 |
| MID-America Apartments LP | 5.15% | 2028-06-15 | 4.20% | US59523UAP21 |
| Prologis LP | 4.93% | 2028-06-15 | 4.88% | US74340XCG43 |
| Welltower OP LLC | 5.10% | 2029-03-15 | 4.12% | US95040QAH74 |
| Brandywine Operating Partnership L.P. | 6.78% | 2029-04-12 | 8.88% | US105340AS20 |
| Martin Marietta Materials INC | 5.39% | 2030-03-15 | 2.50% | US573284AV89 |
| MID-America Apartments LP | 5.40% | 2030-03-15 | 2.75% | US59523UAR86 |
| Ferguson Enterprises INC | 5.39% | 2031-03-15 | 4.35% | US31488VAB36 |
| Healthcare Realty Holdings L.P. | 5.64% | 2031-03-15 | 2.00% | US42225UAH77 |
| Essex Portfolio LP | 5.54% | 2032-03-15 | 2.65% | US29717PAV94 |
| Boston Properties LP | 5.78% | 2032-04-01 | 2.55% | US10112RBE36 |
| Equinix INC | 5.92% | 2033-03-15 | 4.70% | US29390XAH70 |
| Alexandria Real Estate Equities INC | 5.93% | 2034-03-15 | 2.95% | US015271AY59 |
| American Homes 4 Rent L.P. | 5.94% | 2035-03-15 | 5.25% | US02666TAJ60 |
| Alexandria Real Estate Equities INC | 6.12% | 2036-03-15 | 5.25% | US015271BF51 |
| Welltower OP LLC | 6.08% | 2041-03-15 | 6.50% | US42217KAX46 |
| ERP Operating LP | 6.07% | 2044-07-01 | 4.50% | US26884ABB89 |
| Simon Property Group LP | 6.16% | 2049-09-13 | 3.25% | US828807DH72 |
| Prologis LP | 6.10% | 2054-03-15 | 5.25% | US74340XCK54 |