United States Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-specialised-finance-united-states-non-callable
United States Senior Unsecured Non-Callable Specialised Finance Corporate Bond Yields (USD) as of 2026-09-11: 8Y at 5.53%, fitted curve 1M–8Y (4.13%–5.53%), 68 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.13% | — |
| 3M | 4.18% | 4.21% |
| 6M | 4.27% | 4.45% |
| 9M | 4.35% | 4.66% |
| 12M | 4.44% | 4.66% |
| 18M | 4.60% | 4.99% |
| 2Y | 4.74% | 5.28% |
| 3Y | 5.00% | 5.62% |
| 4Y | 5.19% | 5.92% |
| 5Y | 5.33% | 6.05% |
| 7Y | 5.48% | 6.06% |
| 8Y | 5.53% | 5.98% |
2Y, 10Y and the 10Y−2Y spread over time
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 | 4.74% | 4.65% | 4.55% | 4.42% | 4.41% | 4.20% | 4.10% |
| 10Y | — | 5.34% | 4.97% | 5.29% | 5.32% | 5.09% | 5.08% |
| 10Y − 2Y | — | +69 bp | +41 bp | +86 bp | +91 bp | +89 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 134 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.29%, A+ to BBB- 4.69%, Speculative 7.97%.
Bonds in this curve
A selection of 30 of the 166 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Paccar Financial Corp | 3.93% | 2026-11-09 | 5.20% | US69371RS728 |
| National Rural Util Coop | 4.58% | 2026-11-15 | 3.00% | US63743FRF52 |
| National Rural Util Coop | 4.24% | 2026-11-15 | 3.50% | US63743FVB92 |
| Paccar Financial Corp | 3.81% | 2026-11-25 | 4.50% | US69371RT551 |
| Paccar Financial Corp | 4.18% | 2027-02-04 | 2.00% | US69371RR654 |
| Private Export Funding Corp | 4.17% | 2027-02-07 | 4.50% | US74274TAL44 |
| National Rural Util Coop | 4.44% | 2027-02-15 | 2.10% | US63743FJ983 |
| Paccar Financial Corp | 4.40% | 2027-05-13 | 5.00% | US69371RT221 |
| National Rural Util Coop | 4.31% | 2027-05-15 | 5.05% | US63743FMS29 |
| National Rural Util Coop | 4.35% | 2027-05-15 | 3.00% | US63743FZK55 |
| Hercules Capital INC | 7.47% | 2027-08-01 | 6.60% | US427056AR72 |
| Paccar Financial Corp | 4.43% | 2027-08-06 | 4.45% | US69371RT304 |
| National Rural Util Coop | 4.56% | 2027-10-15 | 3.50% | US63743FXT82 |
| Paccar Financial Corp | 4.70% | 2028-01-10 | 4.60% | US69371RS314 |
| National Rural Util Coop | 4.62% | 2028-01-15 | 3.50% | US63743FYQ35 |
| Paccar Financial Corp | 4.64% | 2028-03-03 | 4.55% | US69371RT635 |
| Private Export Funding Corp | 5.05% | 2028-07-15 | 1.40% | US742651DY55 |
| Paccar Financial Corp | 4.85% | 2028-08-08 | 4.00% | US69371RT973 |
| Paccar Financial Corp | 4.69% | 2028-08-10 | 4.95% | US69371RS645 |
| Paccar Financial Corp | 4.89% | 2029-06-18 | 4.30% | US69371RU534 |
| National Rural Util Coop | 5.07% | 2029-09-15 | 3.50% | US63743FZB56 |
| Paccar Financial Corp | 4.88% | 2029-09-26 | 4.00% | US69371RT486 |
| National Rural Util Coop | 5.36% | 2030-03-15 | 3.70% | US63743FVX13 |
| Paccar Financial Corp | 4.91% | 2030-05-08 | 4.55% | US69371RT718 |
| National Rural Util Coop | 5.39% | 2030-08-15 | 3.50% | US63743FVL74 |
| Paccar Financial Corp | 5.13% | 2031-08-10 | 4.85% | US69371RU617 |
| National Rural Util Coop | 5.50% | 2032-03-01 | 8.00% | US637432CT02 |
| SLM Corp | 8.46% | 2033-08-01 | 5.62% | US78442FAZ18 |
| Paccar Financial Corp | 5.37% | 2034-03-22 | 5.00% | US69371RS983 |
| Loews Corp | 5.62% | 2035-02-01 | 6.00% | US540424AP38 |