United States Transportation Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-transportation-united-states
United States Transportation Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.72%, fitted curve 1M–40Y (4.89%–6.22%), 267 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.89% | — |
| 3M | 4.91% | 4.92% |
| 6M | 4.93% | 5.08% |
| 9M | 4.96% | 5.09% |
| 12M | 4.98% | 5.09% |
| 18M | 5.03% | 5.20% |
| 2Y | 5.08% | 5.30% |
| 3Y | 5.17% | 5.45% |
| 4Y | 5.26% | 5.65% |
| 5Y | 5.35% | 5.84% |
| 6Y | 5.43% | 6.02% |
| 7Y | 5.51% | 6.18% |
| 8Y | 5.59% | 6.34% |
| 9Y | 5.65% | 6.47% |
| 10Y | 5.72% | 6.59% |
| 15Y | 5.95% | 6.84% |
| 20Y | 6.09% | 7.00% |
| 25Y | 6.16% | 6.96% |
| 30Y | 6.20% | 6.84% |
| 40Y | 6.22% | 6.65% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.08% and the 10-year 5.72%, a 10Y−2Y spread of +64 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 ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.08% | 4.90% | 4.92% | 4.82% | 4.76% | 4.57% | 4.27% |
| 10Y | 5.72% | 5.46% | 5.27% | 5.24% | 5.17% | 5.10% | 5.08% |
| 10Y − 2Y | +64 bp | +56 bp | +36 bp | +42 bp | +41 bp | +53 bp | +81 bp |
Yields by rating group
The same curve split by credit quality: 303 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.87%, A+ to BBB- 5.75%, Speculative 6.72%.
Bonds in this curve
A selection of 30 of the 304 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| CSX Corp | 5.22% | 2026-11-01 | 2.60% | US126408HE65 |
| Southwest Airlines CO | 4.92% | 2026-11-15 | 3.00% | US844741BC18 |
| United Parcel Service INC | 4.43% | 2026-11-15 | 2.40% | US911312AY27 |
| Union Pacific Corp | 4.51% | 2027-02-05 | 2.15% | US907818FJ28 |
| AIR Lease Corp | 4.74% | 2027-04-01 | 3.62% | US00912XAV64 |
| Norfolk Southern Corp | 5.12% | 2027-06-01 | 3.15% | US655844BT49 |
| Burlington Northern Santa FE LLC | 4.91% | 2027-06-15 | 3.25% | US12189LBA89 |
| United Parcel Service INC | 4.60% | 2027-11-15 | 3.05% | US911312BM79 |
| AIR Lease Corp | 5.22% | 2027-12-01 | 3.62% | US00912XAY04 |
| AIR Lease Corp | 5.12% | 2028-02-01 | 5.30% | US00914AAU60 |
| Union Pacific Corp | 5.83% | 2028-02-01 | 7.12% | US907818BY31 |
| Delta AIR Lines INC | 5.15% | 2028-07-10 | 4.95% | US247361A246 |
| Norfolk Southern Corp | 4.85% | 2028-08-01 | 3.80% | US655844BZ09 |
| CSX Corp | 4.83% | 2029-03-15 | 4.25% | US126408HM81 |
| United Parcel Service INC | 4.97% | 2029-03-15 | 3.40% | US911312BR66 |
| J.B. Hunt Transport Services INC | 5.33% | 2030-03-15 | 4.90% | US445658CG02 |
| United Parcel Service INC | 5.03% | 2030-04-01 | 4.45% | US911312BY18 |
| Fedex Freight Holding CO INC | 5.58% | 2031-03-15 | 4.65% | USU3157AAB53 |
| Fedex Corp | 5.25% | 2031-05-15 | 2.40% | US31428XCD66 |
| Norfolk Southern Corp | 5.23% | 2032-03-15 | 3.00% | US655844CM86 |
| CSX Corp | 5.22% | 2032-11-15 | 4.10% | US126408HU08 |
| Fedex Freight Holding CO INC | 5.83% | 2033-03-15 | 4.95% | USU3157AAC37 |
| Norfolk Southern Corp | 5.42% | 2034-03-15 | 5.55% | US655844CT30 |
| Norfolk Southern Corp | 5.50% | 2035-05-01 | 5.10% | US655844CV85 |
| Fedex Freight Holding CO INC | 6.09% | 2036-03-15 | 5.25% | USU3157AAD10 |
| Union Pacific Corp | 5.75% | 2039-08-15 | 3.55% | US907818FD57 |
| CSX Corp | 6.03% | 2044-03-15 | 4.10% | US126408GY39 |
| CSX Corp | 6.13% | 2049-03-15 | 4.50% | US126408HP13 |
| Burlington Northern Santa FE LLC | 6.11% | 2054-04-15 | 5.20% | US12189LBK61 |
| Union Pacific Corp | 6.17% | 2063-01-20 | 5.15% | US907818GD49 |