United States Senior Unsecured Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-senior-unsecured-utilities-power-united-states
United States Senior Unsecured Utilities & Power Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.58%, fitted curve 1M–40Y (4.56%–6.16%), 1008 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.56% | — |
| 3M | 4.57% | 4.58% |
| 6M | 4.60% | 4.63% |
| 9M | 4.63% | 4.69% |
| 12M | 4.66% | 4.75% |
| 18M | 4.72% | 4.85% |
| 2Y | 4.79% | 4.97% |
| 3Y | 4.91% | 5.15% |
| 4Y | 5.03% | 5.40% |
| 5Y | 5.15% | 5.62% |
| 6Y | 5.26% | 5.83% |
| 7Y | 5.37% | 6.00% |
| 8Y | 5.46% | 6.10% |
| 9Y | 5.53% | 6.11% |
| 10Y | 5.58% | 6.07% |
| 15Y | 5.92% | 6.59% |
| 20Y | 6.11% | 6.68% |
| 25Y | 6.11% | 6.13% |
| 30Y | 6.16% | 6.43% |
| 40Y | 6.14% | 6.05% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.79% and the 10-year 5.58%, a 10Y−2Y spread of +80 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 | 4.79% | 4.65% | 4.60% | 4.45% | 4.56% | 4.05% | 4.11% |
| 10Y | 5.58% | 5.29% | 5.37% | 5.30% | 5.40% | 4.98% | 5.08% |
| 10Y − 2Y | +80 bp | +64 bp | +77 bp | +84 bp | +84 bp | +93 bp | +97 bp |
Yields by rating group
The same curve split by credit quality: 1194 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.39%, A+ to BBB- 5.49%, Speculative 6.21%.
Bonds in this curve
A selection of 30 of the 1195 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Duke Energy Corporation | 3.94% | 2026-09-01 | 2.65% | US26441CAS44 |
| Entergy Corporation | 4.67% | 2026-09-01 | 2.95% | US29364GAJ22 |
| DTE Energy CO | 4.32% | 2026-10-01 | 2.85% | US233331AY31 |
| Southwestern Electric Power CO | 5.00% | 2026-10-01 | 2.75% | US845437BP68 |
| Eversource Energy | 5.28% | 2027-01-01 | 5.00% | US30040WAY49 |
| Vistra Operations CO LLC | 5.34% | 2026-12-30 | 5.05% | USU9226VAT45 |
| Exelon Corp | 4.94% | 2027-03-15 | 2.75% | US30161NBB64 |
| Virginia Electric & Power CO | 4.53% | 2027-03-15 | 3.50% | US927804FX73 |
| Atmos Energy Corp | 4.53% | 2027-06-15 | 3.00% | US049560AN51 |
| Edison International | 5.25% | 2027-06-15 | 5.75% | US281020AN70 |
| American Electric Power CO INC | 4.97% | 2027-11-01 | 5.75% | US025537AV36 |
| American Electric Power CO INC | 5.07% | 2027-11-13 | 3.20% | US025537AJ08 |
| Consolidated Edison CO NEW York INC | 4.65% | 2028-05-15 | 3.80% | US209111FP33 |
| Dominion Energy INC | 4.78% | 2028-05-15 | 4.60% | US25746UDY29 |
| Eversource Energy | 5.02% | 2029-02-01 | 5.95% | US30040WAW82 |
| Consumers Energy CO | 4.79% | 2029-02-15 | 4.90% | US210518DV59 |
| American Electric Power CO INC | 5.12% | 2030-03-01 | 2.30% | US025537AN10 |
| Centerpoint Energy INC | 4.98% | 2030-03-01 | 2.95% | US15189TAX54 |
| Pacificorp | 5.19% | 2031-02-15 | 5.30% | US695114DC94 |
| NRG Energy INC | 5.73% | 2031-02-15 | 3.62% | USU66962AW85 |
| Southern California Edison Company | 5.16% | 2032-02-01 | 2.75% | US842400HM81 |
| NRG Energy INC | 6.23% | 2033-02-01 | 6.00% | USU66962BB30 |
| PPL Electric Utilities Corp | 5.26% | 2034-02-15 | 4.85% | US69351UBC62 |
| Piedmont Natural GAS CO INC | 5.47% | 2035-02-15 | 5.10% | US720186AR65 |
| Florida Power & Light CO | 5.39% | 2036-02-15 | 4.70% | US341081HA84 |
| Constellation Energy Generation LLC | 5.91% | 2039-10-01 | 6.25% | US30161MAG87 |
| Pacific GAS & Electric | 6.46% | 2044-02-15 | 4.75% | US694308HH37 |
| Dominion Energy INC | 6.24% | 2049-03-15 | 4.60% | US25746UCZ03 |
| American Water Capital Corp | 6.06% | 2054-03-01 | 5.45% | US03040WBC82 |
| Constellation Energy Generation LLC | 6.28% | 2066-01-15 | 5.88% | US210385AR17 |