Switzerland Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-switzerland
Switzerland Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.31%, fitted curve 1M–30Y (4.56%–5.83%), 152 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.56% | — |
| 3M | 4.57% | 4.57% |
| 6M | 4.58% | 4.59% |
| 9M | 4.59% | 4.60% |
| 12M | 4.60% | 4.62% |
| 18M | 4.62% | 4.65% |
| 2Y | 4.64% | 4.70% |
| 3Y | 4.69% | 4.79% |
| 4Y | 4.75% | 4.94% |
| 5Y | 4.83% | 5.13% |
| 6Y | 4.91% | 5.34% |
| 7Y | 5.01% | 5.58% |
| 8Y | 5.11% | 5.81% |
| 9Y | 5.21% | 6.02% |
| 10Y | 5.31% | 6.20% |
| 15Y | 5.66% | 6.38% |
| 20Y | 5.79% | 6.17% |
| 25Y | 5.82% | 5.96% |
| 30Y | 5.83% | 5.87% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.64% and the 10-year 5.31%, a 10Y−2Y spread of +67 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 | 4.64% | 4.45% | 4.42% | 4.17% | 4.21% | 3.82% | 3.88% |
| 10Y | 5.31% | 5.08% | 5.14% | 5.04% | 5.20% | 4.71% | 4.77% |
| 10Y − 2Y | +67 bp | +63 bp | +72 bp | +87 bp | +99 bp | +89 bp | +89 bp |
Yields by rating group
The same curve split by credit quality: 181 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.84%, A+ to BBB- 5.33%, Speculative 7.02%.
Bonds in this curve
A selection of 30 of the 181 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| UBS Group AG | 4.91% | 2026-08-07 | 1.25% | US22550L2G55 |
| UBS Group AG | 5.23% | 2026-09-01 | 7.75% | US870845AC84 |
| Roche Holding AG | 4.42% | 2026-11-13 | 5.26% | US771196CE02 |
| Nestle SA | 4.39% | 2027-01-14 | 1.15% | USU74078CK74 |
| Roche Holding AG | 4.56% | 2027-01-28 | 2.38% | USU75000BL90 |
| Roche Holding AG | 4.08% | 2027-03-10 | 2.31% | US771196BV36 |
| Transocean INC | 6.78% | 2027-04-15 | 8.00% | US893817AB24 |
| UBS Group AG | 4.86% | 2027-07-09 | 5.00% | US22550L2K67 |
| UBS Group AG | 5.02% | 2027-08-05 | 4.70% | USH42097DK09 |
| UBS Group AG | 4.74% | 2028-01-09 | 4.28% | USH3698DAR55 |
| UBS Group AG | 4.35% | 2028-02-15 | 7.50% | US22550L2M24 |
| UBS Group AG | 4.74% | 2028-05-12 | 4.75% | USH42097DB00 |
| Nestle SA | 4.66% | 2028-09-12 | 5.00% | USU74078CW13 |
| Roche Holding AG | 4.66% | 2029-03-08 | 4.79% | USU75000CJ36 |
| Nestle SA | 4.74% | 2029-03-12 | 4.65% | USU6408XAK55 |
| UBS Group AG | 5.23% | 2030-02-08 | 5.43% | USH42097EV54 |
| Nestle SA | 4.79% | 2030-03-14 | 4.95% | USU64106CA08 |
| Roche Holding AG | 4.82% | 2031-03-08 | 4.91% | USU75000CK09 |
| Nestle SA | 4.85% | 2031-03-12 | 4.75% | USU6408XAL39 |
| UBS Group AG | 5.24% | 2032-07-15 | 7.12% | US22541LAE39 |
| Novartis | 4.95% | 2032-11-05 | 4.30% | US66989HAZ10 |
| UBS Group AG | 5.03% | 2033-02-11 | 2.75% | USH42097CT27 |
| Nestle SA | 4.98% | 2033-03-14 | 4.85% | USU64106CB80 |
| Roche Holding AG | 5.12% | 2034-03-08 | 4.99% | USU75000CL81 |
| UBS Group AG | 5.56% | 2035-02-08 | 5.70% | USH42097EU71 |
| Novartis | 5.23% | 2036-03-18 | 4.90% | US66989HBJ68 |
| ABB LTD | 5.76% | 2042-05-08 | 4.38% | US00037BAC63 |
| Novartis | 5.79% | 2044-05-06 | 4.40% | US66989HAH12 |
| Novartis | 5.81% | 2050-08-14 | 2.75% | US66989HAS76 |
| Roche Holding AG | 5.81% | 2054-03-08 | 5.22% | USU75000CM64 |