Deutsche Telekom AG Bond Yields (USD, Callable)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-technology-media-telecom-germany-callable-deutsche-telekom-ag
Deutsche Telekom AG Bond Yields (USD, Callable) as of 2026-07-27: 10Y at 5.41%, fitted curve 6M–25Y (4.51%–6.02%), 10 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 6M | 4.51% | — |
| 2Y | 4.67% | 4.73% |
| 4Y | 4.88% | 5.08% |
| 10Y | 5.41% | 5.76% |
| 15Y | 5.71% | 6.33% |
| 25Y | 6.02% | 6.49% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.67% and the 10-year 5.41%, a 10Y−2Y spread of +73 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 ago2026-04-29 | 4m ago2026-03-30 | 5m ago2026-02-24 | 6m ago2026-01-23 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.67% | 4.22% | 4.52% | 4.35% | 4.48% | 3.95% | 4.09% |
| 10Y | 5.41% | 4.97% | 5.34% | 5.14% | 5.36% | 5.20% | 4.96% |
| 10Y − 2Y | +73 bp | +74 bp | +83 bp | +79 bp | +88 bp | +125 bp | +88 bp |
Bonds in this curve
The 10 bonds behind this curve.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deutsche Telekom AG | 4.38% | 2027-01-19 | 3.60% | US25156PBA03 |
| Deutsche Telekom AG | 4.57% | 2028-06-21 | 4.38% | USN2557FFL33 |
| Deutsche Telekom AG | 4.65% | 2028-06-21 | 4.38% | US25156PBB85 |
| Deutsche Telekom AG | 5.47% | 2030-06-15 | 8.25% | US25156PAC77 |
| Deutsche Telekom AG | 5.50% | 2038-06-21 | 4.75% | USN2557FFM16 |
| Deutsche Telekom AG | 5.53% | 2038-06-21 | 4.75% | US25156PBC68 |
| Deutsche Telekom AG | 5.95% | 2042-03-06 | 4.88% | USN27915AB85 |
| Deutsche Telekom AG | 5.98% | 2042-03-06 | 4.88% | US25156PAR47 |
| Deutsche Telekom AG | 6.05% | 2050-01-21 | 3.62% | USD2035MYV82 |
| Deutsche Telekom AG | 6.07% | 2050-01-21 | 3.62% | US251566AA37 |