Japan Technology, Media & Telecom Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-technology-media-telecom-japan
Japan Technology, Media & Telecom Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.86%, fitted curve 3M–10Y (4.75%–5.86%), 40 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.75% | — |
| 6M | 4.80% | 4.97% |
| 9M | 4.85% | 5.07% |
| 12M | 4.90% | 5.07% |
| 18M | 5.00% | 5.26% |
| 2Y | 5.09% | 5.46% |
| 3Y | 5.26% | 5.71% |
| 4Y | 5.41% | 6.00% |
| 5Y | 5.54% | 6.21% |
| 6Y | 5.64% | 6.34% |
| 7Y | 5.72% | 6.41% |
| 9Y | 5.83% | 6.44% |
| 10Y | 5.86% | 6.41% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.09% and the 10-year 5.86%, a 10Y−2Y spread of +77 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-11 | 4m ago2026-05-14 | 5m ago2026-04-10 |
|---|---|---|---|---|---|---|
| 2Y | 5.09% | 4.95% | 4.97% | 4.85% | 4.78% | 4.56% |
| 10Y | 5.86% | 5.72% | 5.58% | — | — | — |
| 10Y − 2Y | +77 bp | +77 bp | +61 bp | — | — | — |
Yields by rating group
The same curve split by credit quality: 41 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.31%, Speculative 6.36%.
Bonds in this curve
A selection of 30 of the 42 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Renesas Electronics Corp | 4.58% | 2026-11-25 | 2.17% | US75972BAB71 |
| Rakuten Group, INC. | 5.29% | 2027-02-15 | 11.25% | US75102WAG33 |
| Rakuten Group, INC. | 5.43% | 2027-02-15 | 11.25% | USJ64264AG96 |
| NTT Finance Corporation | 4.51% | 2027-07-02 | 5.10% | USJ5S39RAL81 |
| NTT Finance Corporation | 4.59% | 2027-07-02 | 5.10% | US62954WAL90 |
| NTT Finance Corporation | 4.61% | 2027-07-16 | 4.57% | US62954WAP05 |
| NTT Finance Corporation | 4.50% | 2027-07-27 | 4.37% | US62954WAK18 |
| NTT Finance Corporation | 5.06% | 2027-07-27 | 4.37% | USJ5S39RAK09 |
| NTT Finance Corporation | 5.02% | 2028-03-31 | 4.74% | US62954WBA27 |
| NTT Finance Corporation | 4.88% | 2028-03-31 | 4.74% | USJ5S39RBA18 |
| NTT Finance Corporation | 5.00% | 2028-04-03 | 1.59% | US62954WAD74 |
| NTT Finance Corporation | 4.90% | 2028-07-16 | 4.62% | US62954WAQ87 |
| Rakuten Group, INC. | 6.30% | 2029-04-15 | 9.75% | US75102WAK45 |
| Rakuten Group, INC. | 6.42% | 2029-04-15 | 9.75% | USJ64264AK09 |
| NTT Finance Corporation | 5.31% | 2029-07-02 | 5.11% | US62954WAM73 |
| Softbank Group Corp | 5.66% | 2030-07-09 | 4.70% | US83405KAA07 |
| Softbank Group Corp | 5.63% | 2030-07-09 | 4.70% | USJ75963DB15 |
| NTT Finance Corporation | 5.51% | 2030-07-16 | 4.88% | US62954WAS44 |
| NTT Finance Corporation | 5.49% | 2031-04-03 | 2.06% | USJ5S39RAE49 |
| Sony Group Corp | 5.25% | 2031-06-30 | 4.66% | US835699AB51 |
| NTT Finance Corporation | 5.58% | 2031-11-01 | 5.01% | USJ5S39RBE30 |
| NTT Finance Corporation | 5.73% | 2032-07-16 | 5.17% | US62954WAU99 |
| NTT Finance Corporation | 5.74% | 2033-11-01 | 5.26% | US62954WBF14 |
| NTT Finance Corporation | 5.59% | 2033-11-01 | 5.26% | USJ5S39RBF05 |
| Softbank Group Corp | 6.04% | 2035-07-09 | 5.33% | US83405KAB89 |
| Softbank Group Corp | 6.13% | 2035-07-09 | 5.33% | USJ75963DC97 |
| NTT Finance Corporation | 5.97% | 2035-07-16 | 5.50% | US62954WAV72 |
| Sony Group Corp | 5.59% | 2036-06-30 | 5.09% | US835699AC35 |
| NTT Finance Corporation | 6.01% | 2036-11-01 | 5.48% | USJ5S39RBG87 |
| NTT Finance Corporation | 5.90% | 2036-11-01 | 5.48% | US62954WBG96 |