United States Non-Callable Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-united-states-non-callable
United States Non-Callable Corporate Bond Yields (USD) as of 2026-09-10: 10Y at 5.52%, fitted curve 1M–30Y (4.52%–6.23%), 1187 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.52% | — |
| 3M | 4.54% | 4.54% |
| 6M | 4.57% | 4.70% |
| 9M | 4.61% | 4.82% |
| 12M | 4.66% | 4.82% |
| 18M | 4.80% | 5.14% |
| 2Y | 4.88% | 5.21% |
| 3Y | 4.98% | 5.25% |
| 4Y | 5.07% | 5.43% |
| 5Y | 5.15% | 5.63% |
| 6Y | 5.24% | 5.82% |
| 7Y | 5.32% | 6.00% |
| 8Y | 5.39% | 6.15% |
| 9Y | 5.46% | 6.27% |
| 10Y | 5.52% | 6.33% |
| 15Y | 5.77% | 6.72% |
| 20Y | 6.15% | 8.67% |
| 25Y | 6.12% | 5.73% |
| 30Y | 6.23% | 8.16% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.88% and the 10-year 5.52%, 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 | 4.88% | 4.71% | 4.66% | 4.56% | 4.51% | 4.40% | 4.11% |
| 10Y | 5.52% | 5.44% | 5.29% | 5.27% | 5.24% | 5.16% | 4.88% |
| 10Y − 2Y | +64 bp | +73 bp | +64 bp | +71 bp | +73 bp | +75 bp | +77 bp |
Yields by rating group
The same curve split by credit quality: 1909 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 4.93%, A+ to BBB- 5.10%, Speculative 6.68%.
Bonds in this curve
A selection of 30 of the 1948 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Deere & Company | 4.66% | 2026-10-13 | 1.30% | US24422EVW64 |
| Washington GAS Light CO | 5.08% | 2026-10-23 | 6.63% | US93884PCK49 |
| EL Paso Natural GAS Company | 4.52% | 2026-11-15 | 7.50% | US283695BE39 |
| Principal Life Insurance Company | 4.05% | 2026-11-17 | 1.50% | US74256LES43 |
| Deere & Company | 4.34% | 2027-03-05 | 4.85% | US24422EXM64 |
| Deere & Company | 4.27% | 2027-03-08 | 2.35% | US24422EWD74 |
| Paccar Financial Corp | 5.00% | 2027-05-13 | 5.00% | US69371RT221 |
| Deere & Company | 4.48% | 2027-06-11 | 4.90% | US24422EXR51 |
| IBM Corp | 4.89% | 2027-08-01 | 6.22% | US459200AR21 |
| Pricoa Global Funding I | 4.90% | 2027-08-27 | 4.40% | US74153XBK28 |
| Corebridge Financial INC | 5.16% | 2028-01-07 | 4.90% | US00138EBE32 |
| Deere & Company | 4.61% | 2028-01-06 | 3.05% | US24422EUB37 |
| Massmutual Global Funding II | 5.09% | 2028-06-14 | 5.05% | US57629X6G80 |
| NEW York Life Global Funding | 5.12% | 2028-06-13 | 4.90% | US64952XEZ06 |
| Corebridge Financial INC | 5.19% | 2029-05-29 | 4.80% | US00138EBP88 |
| NEW York Life Global Funding | 5.15% | 2029-06-06 | 5.00% | US64952XFE67 |
| Procter & Gamble CO | 4.91% | 2030-03-25 | 3.00% | US742718FH71 |
| Guardian Life Insurance Company of America | 5.32% | 2030-04-28 | 4.80% | US40139MBK62 |
| Northwestern Mutual Life Insurance Company | 5.37% | 2031-05-28 | 5.16% | US66815M2S53 |
| Guardian Life Insurance Company of America | 5.35% | 2031-06-01 | 4.81% | US40139MBR16 |
| GE Aerospace | 5.24% | 2032-03-15 | 6.75% | US36962GXZ26 |
| Kraft Heinz Foods CO | 5.53% | 2032-03-15 | 6.75% | US42307TAG31 |
| Metropolitan Life Global Funding I | 5.48% | 2033-03-28 | 5.15% | US59217HDZ73 |
| Paccar Financial Corp | 5.38% | 2034-03-22 | 5.00% | US69371RS983 |
| Kinder Morgan Energy Partners LP | 5.73% | 2035-03-15 | 5.80% | US494550AT30 |
| NEW York Life Global Funding | 5.74% | 2036-06-03 | 5.20% | US64952XFS53 |
| Goldman Sachs Group INC | 5.58% | 2039-05-15 | 5.75% | US38141E2E86 |
| Walt Disney Company/the | 6.05% | 2044-06-01 | 4.12% | US25468PDB94 |
| Procter & Gamble CO | 5.67% | 2050-03-25 | 3.60% | US742718FK01 |
| AT&T INC | 6.71% | 2059-09-15 | 3.65% | USU04644CW56 |