Canada Senior Unsecured Transportation Corporate Bond Yields (USD)
Fitted spot curve as of 2026-08-20
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-transportation-canada
Canada Senior Unsecured Transportation Corporate Bond Yields (USD) as of 2026-08-20: 10Y at 5.36%, fitted curve 3M–30Y (4.62%–6.01%), 34 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.62% | — |
| 2Y | 4.71% | 4.73% |
| 3Y | 4.78% | 4.90% |
| 4Y | 4.85% | 5.06% |
| 5Y | 4.92% | 5.23% |
| 6Y | 5.01% | 5.42% |
| 7Y | 5.09% | 5.61% |
| 8Y | 5.18% | 5.80% |
| 9Y | 5.27% | 5.98% |
| 10Y | 5.36% | 6.14% |
| 15Y | 5.71% | 6.42% |
| 20Y | 5.90% | 6.47% |
| 25Y | 5.98% | 6.29% |
| 30Y | 6.01% | 6.15% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.71% and the 10-year 5.36%, a 10Y−2Y spread of +64 bp — positively sloped — as of 2026-08-20. 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 | Latest2026-08-20 | 1m ago— | 2m ago2026-06-11 | 3m ago2026-05-22 | 4m ago2026-04-28 | 5m ago2026-03-26 |
|---|---|---|---|---|---|---|
| 2Y | 4.71% | — | 4.61% | 4.64% | 4.41% | 4.39% |
| 10Y | 5.36% | — | 5.15% | 5.26% | 4.98% | 5.16% |
| 10Y − 2Y | +64 bp | — | +54 bp | +62 bp | +56 bp | +77 bp |
Bonds in this curve
A selection of 30 of the 41 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Canadian Pacific Railway | 4.64% | 2026-12-02 | 1.75% | US13645RBE36 |
| Canadian Pacific Railway | 4.72% | 2028-06-01 | 4.00% | US13645RAY09 |
| Canadian National Railway CO | 4.41% | 2028-07-15 | 6.90% | US136375BD37 |
| Canadian Pacific Railway | 4.84% | 2029-03-15 | 4.00% | US13645RBP82 |
| Canadian National Railway CO | 4.78% | 2029-05-12 | 4.35% | US136375DX72 |
| Canadian Pacific Railway | 4.76% | 2029-11-15 | 2.88% | US13648TAC18 |
| Canadian Pacific Railway | 4.75% | 2030-03-05 | 2.05% | US13648TAA51 |
| Canadian Pacific Railway | 4.82% | 2030-03-30 | 4.80% | US13645RBJ23 |
| Canadian National Railway CO | 4.96% | 2031-03-12 | 4.20% | US136375DV17 |
| Canadian Pacific Railway | 5.16% | 2031-10-15 | 7.12% | US13645RAD61 |
| Canadian National Railway CO | 4.84% | 2031-10-15 | 7.38% | US136375BG67 |
| Canadian Pacific Railway | 5.02% | 2031-12-02 | 2.45% | US13645RBF01 |
| Canadian National Railway CO | 5.00% | 2032-08-05 | 3.85% | US136375DC36 |
| Canadian Pacific Railway | 5.17% | 2033-03-15 | 5.75% | US13645RAE45 |
| Canadian National Railway CO | 4.96% | 2033-11-01 | 5.85% | US136375DH23 |
| Canadian National Railway CO | 5.17% | 2034-08-01 | 6.25% | US136375BL52 |
| Canadian National Railway CO | 5.12% | 2034-09-18 | 4.38% | US136375DR05 |
| Canadian Pacific Railway | 5.28% | 2035-03-30 | 5.20% | US13645RBK95 |
| Canadian National Railway CO | 5.29% | 2035-11-12 | 4.75% | US136375DW99 |
| Canadian National Railway CO | 5.25% | 2036-05-12 | 4.95% | US136375DY55 |
| Canadian National Railway CO | 5.36% | 2036-06-01 | 6.20% | US136375BN19 |
| Canadian National Railway CO | 5.21% | 2036-07-15 | 6.71% | US136375BE10 |
| Canadian Pacific Railway | 5.84% | 2041-12-02 | 3.00% | US13645RBG83 |
| Canadian National Railway CO | 5.85% | 2046-08-02 | 3.20% | US136375CK60 |
| Canadian National Railway CO | 5.97% | 2048-02-03 | 3.65% | US136375CP57 |
| Canadian National Railway CO | 5.94% | 2049-01-20 | 4.45% | US136375CV26 |
| Canadian National Railway CO | 5.95% | 2050-05-01 | 2.45% | US136375CZ30 |
| Canadian Pacific Railway | 6.05% | 2051-12-02 | 3.10% | US13645RBH66 |
| Canadian National Railway CO | 5.92% | 2052-08-05 | 4.40% | US136375DB52 |
| Canadian Pacific Railway | 6.01% | 2056-03-15 | 5.50% | US13645RBS22 |