US Transportation Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-transportation
US Transportation Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.47%, fitted curve 1M–40Y (4.85%–6.06%), 366 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.85% | — |
| 3M | 4.87% | 4.88% |
| 6M | 4.90% | 4.92% |
| 9M | 4.92% | 4.98% |
| 12M | 4.95% | 5.03% |
| 18M | 5.01% | 5.12% |
| 2Y | 5.06% | 5.23% |
| 3Y | 5.17% | 5.39% |
| 4Y | 5.27% | 5.58% |
| 5Y | 5.36% | 5.69% |
| 6Y | 5.42% | 5.72% |
| 7Y | 5.45% | 5.65% |
| 8Y | 5.46% | 5.55% |
| 9Y | 5.47% | 5.48% |
| 10Y | 5.47% | 5.52% |
| 15Y | 5.73% | 6.25% |
| 20Y | 5.91% | 6.44% |
| 25Y | 5.99% | 6.30% |
| 30Y | 6.03% | 6.24% |
| 40Y | 6.06% | 6.17% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.06% and the 10-year 5.47%, a 10Y−2Y spread of +41 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 ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.06% | 4.75% | 4.85% | 4.74% | 4.87% | 4.24% | 4.33% |
| 10Y | 5.47% | 5.10% | 5.26% | 5.03% | 5.27% | 4.82% | 4.91% |
| 10Y − 2Y | +41 bp | +35 bp | +40 bp | +29 bp | +40 bp | +59 bp | +58 bp |
Yields by rating group
The same curve split by credit quality: 433 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.73%, A+ to BBB- 5.43%, Speculative 6.92%.
Bonds in this curve
A selection of 30 of the 444 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Cathay Pacific MTN Financing (HK) Limited | 4.77% | 2026-08-17 | 4.88% | XS2333657422 |
| AIR Lease Corp | 4.89% | 2026-08-15 | 1.88% | US00914AAM45 |
| CSX Corp | 5.80% | 2026-11-01 | 2.60% | US126408HE65 |
| Southwest Airlines CO | 6.14% | 2026-11-15 | 3.00% | US844741BC18 |
| AIR Lease Corp | 4.90% | 2027-01-15 | 2.20% | US00914AAR32 |
| Union Pacific Corp | 4.56% | 2027-02-05 | 2.15% | US907818FJ28 |
| AIR Lease Corp | 4.77% | 2027-04-01 | 3.62% | US00912XAV64 |
| Union Pacific Corp | 4.86% | 2027-04-15 | 3.00% | US907818EP96 |
| Burlington Northern Santa FE LLC | 4.82% | 2027-06-15 | 3.25% | US12189LBA89 |
| Southwest Airlines CO | 4.95% | 2027-06-15 | 5.12% | US844741BK34 |
| Southwest Airlines CO | 6.11% | 2027-11-16 | 3.45% | US844741BE73 |
| United Parcel Service INC | 4.38% | 2027-11-15 | 3.05% | US911312BM79 |
| Canadian Pacific Railway | 4.86% | 2028-06-01 | 4.00% | US13645RAY09 |
| Delta AIR Lines INC | 4.97% | 2028-07-10 | 4.95% | US247361A246 |
| AIR Lease Corp | 5.12% | 2029-03-01 | 5.10% | US00914AAV44 |
| Union Pacific Corp | 4.61% | 2029-03-01 | 3.70% | US907818FB91 |
| Union Pacific Corp | 4.78% | 2030-02-05 | 2.40% | US907818FH61 |
| Southwest Airlines CO | 5.26% | 2030-02-10 | 2.62% | US844741BF49 |
| Hidrovias International Finance Sarl | 6.64% | 2031-02-08 | 4.95% | USL48008AB91 |
| SF Holding Investment 2021 Limited | 4.63% | 2031-11-17 | 3.12% | XS2389983524 |
| XPO INC | 6.50% | 2032-02-01 | 7.12% | USU9840VAK99 |
| Norfolk Southern Corp | 5.11% | 2033-03-01 | 4.45% | US655844CQ90 |
| Norfolk Southern Corp | 5.24% | 2034-03-15 | 5.55% | US655844CT30 |
| Fedex Corp | 5.33% | 2035-02-01 | 3.90% | US31428XBA37 |
| Canadian National Railway CO | 5.28% | 2036-05-12 | 4.95% | US136375DY55 |
| Union Pacific Corp | 5.49% | 2039-08-15 | 3.55% | US907818FD57 |
| CSX Corp | 5.90% | 2044-03-15 | 4.10% | US126408GY39 |
| Union Pacific Corp | 5.95% | 2049-03-01 | 4.30% | US907818FC74 |
| United Parcel Service INC | 6.08% | 2054-05-22 | 5.50% | US911312CE45 |
| Empresa de Transporte de Pasajeros Metro SA | 5.98% | 2061-09-13 | 3.69% | USP37466AT90 |