US Investment Grade Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-10-26
https://bondscovery.com/yield-curve/usd-corporate-utilities-power
US Investment Grade Utilities & Power Corporate Bond Yields (USD) as of 2026-10-26: 10Y at 6.00%, fitted curve 1M–75Y (4.72%–6.33%), 1158 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.72% | — |
| 3M | 4.76% | 4.78% |
| 6M | 4.83% | 5.02% |
| 9M | 4.92% | 5.25% |
| 12M | 5.00% | 5.25% |
| 18M | 5.12% | 5.44% |
| 2Y | 5.20% | 5.52% |
| 3Y | 5.33% | 5.71% |
| 4Y | 5.46% | 5.97% |
| 5Y | 5.58% | 6.21% |
| 6Y | 5.68% | 6.42% |
| 7Y | 5.78% | 6.59% |
| 8Y | 5.86% | 6.73% |
| 9Y | 5.94% | 6.84% |
| 10Y | 6.00% | 6.91% |
| 15Y | 6.20% | 6.98% |
| 20Y | 6.28% | 6.88% |
| 25Y | 6.31% | 6.72% |
| 30Y | 6.32% | 6.60% |
| 40Y | 6.33% | 6.50% |
| 75Y | 6.33% | 6.44% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.20% and the 10-year 6.00%, a 10Y−2Y spread of +80 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 | 5.20% | 5.28% | 4.79% | 4.87% | 4.68% | 4.72% | 4.45% |
| 10Y | 6.00% | 6.13% | 5.53% | 5.56% | 5.27% | 5.40% | 5.29% |
| 10Y − 2Y | +80 bp | +85 bp | +74 bp | +68 bp | +59 bp | +69 bp | +84 bp |
Yields by rating group
The same curve split by credit quality: 1320 rated bonds across 2 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.20%, A+ to BBB- 5.88%.
Bonds in this curve
A selection of 30 of the 1320 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| AEP Transmission | 4.70% | 2026-12-01 | 3.10% | US00115AAE91 |
| Ameren | 5.37% | 2026-12-01 | 5.70% | US023608AP74 |
| Duke Energy | 4.62% | 2027-01-05 | 4.85% | US26441CCB90 |
| Georgia Power | 4.55% | 2027-02-23 | 5.00% | US373334KV25 |
| Shuifa International Holdings (BVI) CO., LTD | 5.23% | 2027-03-20 | 7.20% | XS2530843759 |
| Coastal Emerald Limited | 5.09% | — | 6.50% | XS2824215425 |
| Enel | 4.96% | 2027-06-15 | 4.62% | USN30707AP36 |
| Sgsp (Australia) Assets PTY LTD | 5.20% | 2027-07-07 | 3.50% | XS1642641812 |
| CLP Power HK | 4.79% | 2027-10-26 | 3.38% | XS0848445358 |
| PG&E | 5.39% | 2027-12-01 | 3.30% | US694308HW04 |
| Kepco | 5.02% | 2028-04-06 | 5.50% | US500631AY22 |
| Kepco | 5.04% | 2028-04-06 | 5.50% | USY4907LAF95 |
| Enel | 5.35% | 2028-09-30 | 4.12% | USN3070QAA42 |
| China Energy Overseas Investment (Hong Kong) CO., Limited | 4.97% | 2028-10-27 | 3.80% | XS3212049376 |
| Enel | 5.45% | 2029-06-14 | 4.88% | USN30707AL22 |
| Enel | 5.46% | 2029-06-26 | 5.12% | USN30707AW86 |
| Hongkong Electric Finance Limited | 5.14% | 2030-06-09 | 2.25% | XS2181902789 |
| CLP Power HK | 5.10% | 2030-06-30 | 2.12% | XS2193950354 |
| Centerpoint | 5.77% | 2031-06-01 | 2.65% | US15189TBB26 |
| Enel | 5.76% | 2032-06-15 | 5.00% | USN30707AQ19 |
| Iberdrola | 5.76% | 2033-09-15 | 6.75% | US29266MAE93 |
| ITC | 5.94% | 2034-05-09 | 5.65% | USU4501WAM48 |
| Enel | 6.16% | 2035-09-30 | 5.00% | USN3070QAC08 |
| RWE Finance US | 6.11% | 2036-09-22 | 6.00% | USU77796AG27 |
| EDF | 6.49% | 2040-01-27 | 5.60% | USF2893TAE67 |
| Nisource | 6.35% | 2045-02-01 | 5.65% | US65473QBD43 |
| Duke Energy | 6.43% | 2049-06-15 | 4.20% | US26441CBF14 |
| BGE | 6.24% | 2054-06-01 | 5.65% | US059165ES50 |
| EDF | 7.36% | 2066-04-22 | 6.25% | USF2940EAE26 |
| EDF | 7.05% | 2114-01-22 | 6.00% | USF2893TAL01 |