US Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-specialised-finance-non-callable
US Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.54%, fitted curve 1M–30Y (4.72%–6.48%), 192 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.72% | — |
| 3M | 4.73% | 4.74% |
| 6M | 4.75% | 4.78% |
| 9M | 4.78% | 4.82% |
| 12M | 4.80% | 4.87% |
| 18M | 4.84% | 4.93% |
| 2Y | 4.89% | 5.02% |
| 3Y | 4.98% | 5.15% |
| 4Y | 5.06% | 5.33% |
| 5Y | 5.15% | 5.49% |
| 6Y | 5.23% | 5.65% |
| 7Y | 5.31% | 5.80% |
| 8Y | 5.39% | 5.94% |
| 9Y | 5.47% | 6.07% |
| 10Y | 5.54% | 6.19% |
| 15Y | 5.85% | 6.47% |
| 20Y | 6.09% | 6.83% |
| 25Y | 6.37% | 7.50% |
| 30Y | 6.48% | 7.01% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.89% and the 10-year 5.54%, a 10Y−2Y spread of +65 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 | 4.89% | 4.69% | 4.64% | 4.57% | 4.51% | 4.14% | 4.13% |
| 10Y | 5.54% | 5.25% | 5.39% | 5.42% | 5.36% | 4.81% | 5.02% |
| 10Y − 2Y | +65 bp | +57 bp | +75 bp | +85 bp | +86 bp | +66 bp | +89 bp |
Yields by rating group
The same curve split by credit quality: 245 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.39%, A+ to BBB- 4.78%, Speculative 6.08%.
Bonds in this curve
A selection of 30 of the 294 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Yieldking Investment Limited | 5.76% | 2026-08-18 | 2.80% | XS2266935993 |
| YI Bright International Limited | 7.16% | 2026-08-17 | 7.40% | XS2658712752 |
| State Elite Global Limited | 4.73% | 2026-09-29 | 1.50% | XS2388909181 |
| Icbcil Finance Co. Limited | 4.68% | 2026-11-02 | 2.25% | XS2393958488 |
| Cicc Hong Kong Finance 2016 MTN Ltd. | 5.03% | 2027-01-18 | 5.01% | XS2745345087 |
| Citic LTD | 4.71% | 2027-02-28 | 3.88% | XS1570263563 |
| Azure Nova International Finance Limited | 4.79% | 2027-03-21 | 4.25% | XS1572322409 |
| FAR East Horizon Limited | 5.07% | 2027-04-16 | 6.62% | XS2800583606 |
| YI Bright International Limited | 4.88% | 2027-06-20 | 6.68% | XS2843465647 |
| Chang Development International Limited | 4.80% | 2027-06-25 | 6.80% | XS2824607266 |
| Cfamc II CO. LTD. | 5.05% | 2027-11-07 | 4.25% | XS1711550373 |
| Jinan Urban Construction International Investment CO., Limited | 5.32% | 2027-11-06 | 5.00% | XS2927468657 |
| Guotai Junan International Holdings LTD. | 5.28% | 2028-07-15 | 4.25% | XS3109419997 |
| Celestial Dynasty Limited | 6.67% | 2028-08-22 | 6.38% | XS2877153234 |
| Chang Development International Limited | 5.11% | 2029-03-06 | 4.90% | XS3300117184 |
| Ccbl (Cayman) 1 Corporation Limited | 4.93% | 2029-05-16 | 3.88% | XS1992925013 |
| Citic LTD | 4.72% | 2030-02-25 | 2.85% | XS2109790001 |
| CMB International Leasing Management Limited | 4.78% | 2030-08-12 | 2.75% | XS2207824926 |
| CMB International Leasing Management Limited | 4.77% | 2031-02-04 | 2.88% | XS2257361464 |
| Icbcil Finance Co. Limited | 4.80% | 2031-08-02 | 2.65% | XS2320543445 |
| Orix Corporation | 5.18% | 2032-04-13 | 4.00% | US686330AP65 |
| Orix Corporation | 5.11% | 2032-09-13 | 5.20% | US686330AR22 |
| Suci Second Investment Company | 5.39% | 2033-10-25 | 6.25% | XS2706163305 |
| Gaci First Investment Company | 5.62% | 2034-01-29 | 5.25% | XS2755904799 |
| Citic LTD | 5.15% | 2035-04-14 | 4.60% | XS1215258440 |
| Citic LTD | 5.14% | 2036-02-04 | 4.75% | XS1352923202 |
| Temasek Financial I LTD | 4.97% | 2039-11-23 | 5.38% | US87973RAB69 |
| Citic LTD | 6.08% | 2046-04-25 | 4.85% | XS1399293817 |
| Gaci First Investment Company | 6.51% | 2053-02-14 | 5.12% | XS2585988145 |
| Gaci First Investment Company | 6.57% | 2054-01-29 | 5.38% | XS2755904872 |