Japan Callable Technology, Media & Telecom Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-technology-media-telecom-japan-callable
Japan Callable Technology, Media & Telecom Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.84%, fitted curve 3M–10Y (4.82%–5.84%), 39 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 3M | 4.82% | — |
| 6M | 4.85% | 5.01% |
| 9M | 4.89% | 5.07% |
| 12M | 4.93% | 5.07% |
| 18M | 5.01% | 5.23% |
| 2Y | 5.08% | 5.38% |
| 3Y | 5.22% | 5.60% |
| 4Y | 5.35% | 5.87% |
| 5Y | 5.47% | 6.09% |
| 6Y | 5.57% | 6.27% |
| 7Y | 5.65% | 6.40% |
| 9Y | 5.79% | 6.52% |
| 10Y | 5.84% | 6.57% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.08% and the 10-year 5.84%, a 10Y−2Y spread of +76 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-11 | 4m ago2026-05-06 | 5m ago2026-04-08 |
|---|---|---|---|---|---|---|
| 2Y | 5.08% | 4.94% | 4.96% | 4.84% | 4.68% | 4.69% |
| 10Y | 5.84% | 5.71% | 5.49% | — | — | — |
| 10Y − 2Y | +76 bp | +76 bp | +53 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- 5.30%, Speculative 6.26%.
Bonds in this curve
A selection of 30 of the 41 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 | 4.46% | 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 | 4.90% | 2028-03-31 | 4.74% | US62954WBA27 |
| NTT Finance Corporation | 5.15% | 2028-03-31 | 4.74% | USJ5S39RBA18 |
| NTT Finance Corporation | 5.16% | 2028-04-03 | 1.59% | USJ5S39RAD65 |
| NTT Finance Corporation | 4.90% | 2028-07-16 | 4.62% | US62954WAQ87 |
| Rakuten Group, INC. | 6.11% | 2029-04-15 | 9.75% | US75102WAK45 |
| Rakuten Group, INC. | 6.42% | 2029-04-15 | 9.75% | USJ64264AK09 |
| NTT Finance Corporation | 5.29% | 2029-11-01 | 4.83% | USJ5S39RBC73 |
| Softbank Group Corp | 5.63% | 2030-07-09 | 4.70% | USJ75963DB15 |
| NTT Finance Corporation | 5.33% | 2030-07-16 | 4.88% | US62954WAS44 |
| Softbank Group Corp | 5.40% | 2030-07-09 | 4.70% | US83405KAA07 |
| NTT Finance Corporation | 5.49% | 2031-04-03 | 2.06% | USJ5S39RAE49 |
| Sony Group Corp | 5.20% | 2031-06-30 | 4.66% | US835699AB51 |
| NTT Finance Corporation | 5.58% | 2031-11-01 | 5.01% | USJ5S39RBE30 |
| NTT Finance Corporation | 5.59% | 2032-07-16 | 5.17% | US62954WAU99 |
| NTT Finance Corporation | 5.67% | 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 | 5.87% | 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 |