United States Non-Callable Specialised Finance Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-specialised-finance-united-states-non-callable
United States Non-Callable Specialised Finance Corporate Bond Yields (USD) as of 2026-09-10: 8Y at 5.56%, fitted curve 1M–15Y (4.02%–5.80%), 72 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.02% | — |
| 3M | 4.15% | 4.22% |
| 6M | 4.30% | 4.54% |
| 9M | 4.40% | 4.72% |
| 12M | 4.48% | 4.72% |
| 18M | 4.61% | 4.95% |
| 2Y | 4.73% | 5.18% |
| 3Y | 4.95% | 5.50% |
| 4Y | 5.14% | 5.84% |
| 5Y | 5.29% | 6.06% |
| 7Y | 5.49% | 6.22% |
| 8Y | 5.56% | 6.25% |
| 15Y | 5.80% | 6.33% |
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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.73% | 4.69% | 4.56% | 4.41% | 4.39% | 4.23% | 4.02% |
| 10Y | — | 5.35% | 4.95% | 5.21% | 5.30% | 5.16% | 5.04% |
| 10Y − 2Y | — | +67 bp | +39 bp | +80 bp | +91 bp | +93 bp | +102 bp |
Yields by rating group
The same curve split by credit quality: 136 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.69%, A+ to BBB- 4.74%, Speculative 8.64%.
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 | 5.00% | 2027-05-13 | 5.00% | US69371RT221 |
| National Rural Util Coop | 5.21% | 2027-05-15 | 5.05% | US63743FMS29 |
| Paccar Financial Corp | 4.29% | 2027-06-23 | 4.25% | US69371RT890 |
| Hercules Capital INC | 8.90% | 2027-08-01 | 6.60% | US427056AR72 |
| Paccar Financial Corp | 4.30% | 2027-08-06 | 4.45% | US69371RT304 |
| National Rural Util Coop | 4.56% | 2027-10-15 | 3.50% | US63743FXT82 |
| Paccar Financial Corp | 4.52% | 2028-01-10 | 4.60% | US69371RS314 |
| National Rural Util Coop | 4.62% | 2028-01-15 | 3.50% | US63743FYQ35 |
| Paccar Financial Corp | 4.90% | 2028-03-03 | 4.55% | US69371RT635 |
| Paccar Financial Corp | 4.85% | 2028-08-08 | 4.00% | US69371RT973 |
| Paccar Financial Corp | 4.73% | 2028-08-10 | 4.95% | US69371RS645 |
| Aviation Capital Group LLC | 5.32% | 2028-10-25 | 6.75% | USU0536PAL86 |
| Paccar Financial Corp | 4.92% | 2029-06-18 | 4.30% | US69371RU534 |
| Paccar Financial Corp | 4.87% | 2029-09-26 | 4.00% | US69371RT486 |
| Paccar Financial Corp | 5.03% | 2030-05-08 | 4.55% | US69371RT718 |
| Constellation Global Funding | 5.78% | 2030-10-22 | 4.85% | US21038N2A88 |
| National Rural Util Coop | 5.08% | 2031-05-15 | 3.45% | US63743FZQ26 |
| Paccar Financial Corp | 5.08% | 2031-08-10 | 4.85% | US69371RU617 |
| SLM Corp | 8.38% | 2033-08-01 | 5.62% | US78442FAZ18 |
| Private Export Funding Corp | 5.01% | 2034-02-15 | 4.60% | US742651EB44 |
| Paccar Financial Corp | 5.38% | 2034-03-22 | 5.00% | US69371RS983 |
| Loews Corp | 5.60% | 2035-02-01 | 6.00% | US540424AP38 |
| TTX CO | 5.78% | 2040-12-01 | 5.88% | US87305QCB59 |