US Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-utilities-power
US Utilities & Power Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.76%, fitted curve 1M–40Y (4.50%–6.28%), 2041 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.50% | — |
| 3M | 4.53% | 4.55% |
| 6M | 4.60% | 4.77% |
| 9M | 4.69% | 5.04% |
| 12M | 4.79% | 5.04% |
| 18M | 4.93% | 5.29% |
| 2Y | 5.01% | 5.33% |
| 3Y | 5.14% | 5.48% |
| 4Y | 5.25% | 5.73% |
| 5Y | 5.37% | 5.97% |
| 6Y | 5.47% | 6.19% |
| 7Y | 5.57% | 6.38% |
| 8Y | 5.65% | 6.51% |
| 9Y | 5.72% | 6.51% |
| 10Y | 5.76% | 6.41% |
| 15Y | 6.06% | 7.18% |
| 20Y | 6.19% | 7.06% |
| 25Y | 6.24% | 6.90% |
| 30Y | 6.27% | 6.74% |
| 40Y | 6.28% | 6.57% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.01% and the 10-year 5.76%, a 10Y−2Y spread of +76 bp — positively sloped — as of 2026-09-11. 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 | Latest2026-09-11 | 1m ago2026-08-12 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-14 | 5m ago2026-04-14 | 6m ago2026-03-16 |
|---|---|---|---|---|---|---|---|
| 2Y | 5.01% | 4.74% | 4.73% | 4.73% | 4.61% | 4.40% | 4.18% |
| 10Y | 5.76% | 5.63% | 5.43% | 5.42% | 5.33% | 5.31% | 5.16% |
| 10Y − 2Y | +76 bp | +89 bp | +70 bp | +70 bp | +72 bp | +90 bp | +98 bp |
Yields by rating group
The same curve split by credit quality: 2390 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.58%, A+ to BBB- 5.72%, Speculative 6.57%.
Bonds in this curve
A selection of 30 of the 2402 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| DTE Energy CO | 5.17% | 2026-10-01 | 2.85% | US233331AY31 |
| Southwestern Electric Power CO | 6.40% | 2026-10-01 | 2.75% | US845437BP68 |
| Ameren Corporation | 5.07% | 2026-12-01 | 5.70% | US023608AP74 |
| Spic 2016 US Dollar Bond Company Limited | 4.79% | 2026-12-06 | 3.88% | XS1528227827 |
| Centerpoint Energy INC | 4.37% | 2027-02-01 | 3.00% | US15189XAR98 |
| Shuifa International Holdings (BVI) CO., LTD | 5.21% | 2027-03-20 | 7.20% | XS2530843759 |
| China Southern Power Grid International Finance (BVI) CO. Limited | 4.70% | 2027-05-08 | 3.50% | USG2120QAC09 |
| Castle Peak Power Finance Company Limited | 4.78% | 2027-07-25 | 3.25% | XS1648263926 |
| CLP Power Hong Kong Financing Limited | 4.84% | 2027-10-26 | 3.38% | XS0848445358 |
| Cgnpc International LTD | 4.78% | 2027-12-11 | 3.75% | XS1733841735 |
| Consolidated Natural GAS CO | 4.96% | 2027-12-15 | 6.80% | US209615BS19 |
| Israel Electric Corp LTD | 5.65% | 2027-12-15 | 7.75% | US46507WAB63 |
| Hengjian International Investment Limited | 4.83% | 2028-06-17 | 4.25% | XS3059267362 |
| China Southern Power Grid International Finance (BVI) CO. Limited | 4.86% | 2028-09-18 | 4.25% | XS1874715169 |
| Public Service Company of Colorado | 4.95% | 2029-03-13 | 4.15% | US744448DD05 |
| China Huaneng Group (Hong Kong) Treasury Management Holding Limited | 4.73% | 2029-12-10 | 3.00% | XS2080206092 |
| Hongkong Electric Finance Limited | 4.89% | 2030-06-09 | 2.25% | XS2181902789 |
| Castle Peak Power Finance Company Limited | 4.96% | 2030-06-22 | 2.20% | XS2190958301 |
| Talent Yield International Limited | 5.15% | 2031-05-06 | 3.12% | XS2335142415 |
| CLP Power Hong Kong Financing Limited | 4.93% | 2031-07-21 | 2.25% | XS2364591367 |
| AES Corp | 5.91% | 2032-03-15 | 5.80% | US00130HCM51 |
| Dominion Energy INC | 5.67% | 2033-03-15 | 6.30% | US25746UAN90 |
| Consolidated Edison CO NEW York INC | 5.42% | 2034-03-15 | 5.50% | US209111GF42 |
| CLP Power Hong Kong Financing Limited | 5.20% | 2035-06-30 | 2.50% | XS2193950271 |
| Arizona Public Service CO | 5.80% | 2036-03-15 | 5.10% | US040555DK73 |
| Southern California Edison Company | 6.42% | 2039-03-15 | 6.05% | US842400FL27 |
| Consolidated Edison CO NEW York INC | 6.16% | 2044-03-15 | 4.45% | US209111FD03 |
| Ameren Corporation | 6.12% | 2049-03-15 | 4.50% | US02361DAT72 |
| Entergy Corporation | 6.31% | 2054-03-15 | 5.70% | US29364WBN74 |
| Electricite de France SA | 6.72% | 2064-04-22 | 6.00% | USF2893TBG07 |