Japan Callable 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-callable
Japan Callable Technology, Media & Telecom Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.70%, fitted curve 3M–10Y (4.95%–5.70%), 41 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.95% | — |
| 6M | 4.96% | 4.96% |
| 12M | 4.97% | 4.98% |
| 18M | 4.98% | 5.00% |
| 2Y | 5.00% | 5.05% |
| 3Y | 5.05% | 5.15% |
| 4Y | 5.13% | 5.37% |
| 5Y | 5.24% | 5.69% |
| 6Y | 5.37% | 6.03% |
| 7Y | 5.50% | 6.25% |
| 9Y | 5.66% | 6.24% |
| 10Y | 5.70% | 6.06% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.00% and the 10-year 5.70%, a 10Y−2Y spread of +70 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 ago2026-06-01 | 3m ago2026-04-28 | 4m ago2026-04-07 |
|---|---|---|---|---|---|
| 2Y | 5.00% | 4.73% | 4.79% | 4.42% | 4.70% |
| 10Y | 5.70% | — | — | — | — |
| 10Y − 2Y | +70 bp | — | — | — | — |
Yields by rating group
The same curve split by credit quality: 43 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: A+ to BBB- 5.11%, Speculative 6.34%.
Bonds in this curve
A selection of 30 of the 43 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 |
| NTT Finance Corporation | 5.72% | 2036-11-01 | 5.48% | US62954WBG96 |