Japan Technology, Media & Telecom Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-technology-media-telecom-japan
Japan Technology, Media & Telecom Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.80%, fitted curve 3M–30Y (4.91%–8.01%), 42 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.91% | — |
| 6M | 4.92% | 4.93% |
| 12M | 4.95% | 4.97% |
| 18M | 4.98% | 5.03% |
| 2Y | 5.01% | 5.10% |
| 3Y | 5.07% | 5.21% |
| 4Y | 5.15% | 5.38% |
| 5Y | 5.23% | 5.57% |
| 6Y | 5.33% | 5.80% |
| 7Y | 5.43% | 6.06% |
| 9Y | 5.67% | 6.51% |
| 10Y | 5.80% | 7.00% |
| 30Y | 8.01% | 9.13% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.01% and the 10-year 5.80%, 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 ago2026-04-01 |
|---|---|---|---|---|---|
| 2Y | 5.01% | 4.79% | 4.62% | 4.52% | 4.78% |
| 10Y | 5.80% | — | — | — | — |
| 10Y − 2Y | +80 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 44 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.13%, Speculative 6.34%.
Bonds in this curve
A selection of 30 of the 44 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Renesas Electronics Corp | 4.81% | 2026-11-25 | 2.17% | USJ4881VAB39 |
| Rakuten Group, INC. | 5.57% | 2027-02-15 | 11.25% | USJ64264AG96 |
| Rakuten Group, INC. | 5.56% | 2027-02-15 | 11.25% | US75102WAG33 |
| NTT Finance Corporation | 5.01% | 2027-07-16 | 4.57% | USJ5S39RAP95 |
| NTT Finance Corporation | 4.52% | 2027-07-16 | 4.57% | US62954WAP05 |
| NTT Finance Corporation | 5.06% | 2027-07-27 | 4.37% | USJ5S39RAK09 |
| NTT Finance Corporation | 5.03% | 2028-03-31 | 4.74% | USJ5S39RBA18 |
| NTT Finance Corporation | 4.85% | 2028-03-31 | 4.74% | US62954WBA27 |
| NTT Finance Corporation | 5.04% | 2028-04-03 | 1.59% | USJ5S39RAD65 |
| NTT Finance Corporation | 5.01% | 2028-07-16 | 4.62% | USJ5S39RAQ78 |
| NTT Finance Corporation | 4.88% | 2028-07-16 | 4.62% | US62954WAQ87 |
| Rakuten Group, INC. | 6.60% | 2029-04-15 | 9.75% | USJ64264AK09 |
| Rakuten Group, INC. | 6.34% | 2029-04-15 | 9.75% | US75102WAK45 |
| NTT Finance Corporation | 5.08% | 2029-11-01 | 4.83% | USJ5S39RBC73 |
| Softbank Group Corp | 5.31% | 2030-07-09 | 4.70% | USJ75963DB15 |
| NTT Finance Corporation | 5.22% | 2030-07-16 | 4.88% | USJ5S39RAS35 |
| NTT Finance Corporation | 5.16% | 2030-07-16 | 4.88% | US62954WAS44 |
| NTT Finance Corporation | 5.23% | 2031-04-03 | 2.06% | USJ5S39RAE49 |
| Rakuten Group, INC. | 7.68% | 2031-04-21 | 6.25% | USJ6S87BAX69 |
| Sony Group Corp | 4.95% | 2031-06-30 | 4.66% | US835699AB51 |
| NTT Finance Corporation | 5.41% | 2032-07-16 | 5.17% | USJ5S39RAU80 |
| NTT Finance Corporation | 5.36% | 2032-07-16 | 5.17% | US62954WAU99 |
| NTT Finance Corporation | 5.49% | 2033-11-01 | 5.26% | US62954WBF14 |
| NTT Finance Corporation | 5.51% | 2033-11-01 | 5.26% | USJ5S39RBF05 |
| Softbank Group Corp | 5.82% | 2035-07-09 | 5.33% | USJ75963DC97 |
| NTT Finance Corporation | 5.61% | 2035-07-16 | 5.50% | USJ5S39RAV63 |
| NTT Finance Corporation | 5.63% | 2035-07-16 | 5.50% | US62954WAV72 |
| Sony Group Corp | 5.39% | 2036-06-30 | 5.09% | US835699AC35 |
| NTT Finance Corporation | 5.74% | 2036-11-01 | 5.48% | USJ5S39RBG87 |
| Softbank Group Corp | 8.16% | 2061-04-29 | 7.62% | XS3203997005 |