United Kingdom Investment Grade Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-united-kingdom
United Kingdom Investment Grade Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.09%, fitted curve 1M–40Y (4.39%–6.50%), 457 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.39% | — |
| 3M | 4.55% | 4.62% |
| 6M | 4.75% | 5.06% |
| 9M | 4.89% | 5.29% |
| 12M | 4.98% | 5.29% |
| 18M | 5.09% | 5.40% |
| 2Y | 5.18% | 5.52% |
| 3Y | 5.33% | 5.74% |
| 4Y | 5.47% | 6.04% |
| 5Y | 5.60% | 6.31% |
| 6Y | 5.72% | 6.55% |
| 7Y | 5.83% | 6.76% |
| 8Y | 5.93% | 6.93% |
| 9Y | 6.02% | 7.06% |
| 10Y | 6.09% | 7.16% |
| 15Y | 6.33% | 7.27% |
| 20Y | 6.40% | 6.85% |
| 25Y | 6.41% | 6.72% |
| 30Y | 6.49% | 7.89% |
| 40Y | 6.50% | 6.76% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.18% and the 10-year 6.09%, a 10Y−2Y spread of +91 bp — positively sloped — as of 2026-10-26. 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 | Latest2026-10-26 | 1m ago2026-09-25 | 2m ago2026-08-27 | 3m ago2026-07-28 | 4m ago2026-06-29 | 5m ago2026-05-29 | 6m ago2026-04-29 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.18% | 5.30% | 4.75% | 4.79% | 4.66% | 4.64% | 4.48% |
| 10Y | 6.09% | 6.11% | 5.64% | 5.63% | 5.24% | 5.40% | 5.40% |
| 10Y − 2Y | +91 bp | +81 bp | +90 bp | +84 bp | +59 bp | +76 bp | +92 bp |
Yields by rating group
The same curve split by credit quality: 593 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.87%, A+ to BBB- 5.59%.
Bonds in this curve
A selection of 30 of the 593 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Unilever | 4.49% | 2026-12-15 | 7.25% | US126149AD59 |
| Barclays Bank | 4.56% | 2026-12-22 | 2.00% | US06747PXX22 |
| BP PLC | 4.45% | 2027-01-16 | 3.02% | US10373QAV23 |
| Ccep | 3.89% | 2027-01-15 | 1.50% | US19123MAF05 |
| BAE Systems | 4.74% | 2027-03-26 | 5.00% | USG07540AB68 |
| CSL Finance | 5.11% | 2027-04-27 | 3.85% | USG2584CAA48 |
| Astrazeneca | 4.57% | 2027-06-12 | 3.12% | US046353AN82 |
| Imperial Brands | 5.02% | 2027-07-27 | 6.12% | USG471ABWD89 |
| BP PLC | 4.75% | 2027-09-19 | 3.28% | US05565QDN51 |
| Rolls-Royce PLC | 5.13% | 2027-10-15 | 5.75% | USG76237AC37 |
| Barclays Bank | 5.11% | 2028-01-28 | 3.14% | DE000BC0LMM1 |
| Barclays Bank | 5.13% | 2028-02-17 | 3.15% | DE000BC0LMC2 |
| Barclays Bank | 4.89% | 2028-10-13 | 4.61% | DE000BC0LZ39 |
| Anglo American | 5.32% | 2029-03-16 | 3.88% | USG0446NAW41 |
| Natwest | 5.38% | 2029-05-17 | 5.41% | USG6382G7P18 |
| Carnival | 6.00% | 2030-03-15 | 5.75% | USP2121VAT19 |
| Rentokil | 5.59% | 2030-04-28 | 5.00% | USU76037AA57 |
| Amcor PLC | 5.47% | 2030-06-19 | 2.63% | US081437AT26 |
| Amcor PLC | 5.55% | 2031-05-25 | 2.69% | US02344AAA60 |
| CSL Finance | 5.55% | 2032-04-27 | 4.25% | USG2584CAC04 |
| Anglo American | 5.80% | 2033-03-21 | 5.00% | USG0446NBC77 |
| Anglo American | 5.82% | 2033-05-02 | 5.50% | US034863BD17 |
| Antofagasta | 6.06% | 2034-05-02 | 6.25% | USG0399BAB39 |
| Rentokil | 6.12% | 2035-04-28 | 5.62% | USU76037AB31 |
| Standard Chartered | 6.40% | 2037-08-13 | 5.85% | XS3465649112 |
| Lseg | 6.17% | 2041-04-06 | 3.20% | USG5690PAE19 |
| BAE Systems | 6.10% | 2044-10-07 | 4.75% | USU05632AH41 |
| Shell PLC | 6.18% | 2049-11-07 | 3.12% | US822582CE05 |
| Imperial Brands | 6.65% | 2055-07-01 | 6.38% | USG471ABR444 |
| Vodafone | 6.85% | 2063-02-10 | 5.75% | US92857WBZ23 |