US Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-07-27
https://bondscovery.com/yield-curve/usd-corporate-utilities-power-callable
US Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-07-27: 10Y at 5.59%, fitted curve 1M–40Y (4.65%–6.14%), 1825 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.65% | — |
| 3M | 4.67% | 4.67% |
| 6M | 4.69% | 4.71% |
| 9M | 4.71% | 4.76% |
| 12M | 4.74% | 4.81% |
| 18M | 4.79% | 4.89% |
| 2Y | 4.84% | 4.99% |
| 3Y | 4.94% | 5.15% |
| 4Y | 5.05% | 5.35% |
| 5Y | 5.15% | 5.55% |
| 6Y | 5.24% | 5.74% |
| 7Y | 5.34% | 5.90% |
| 8Y | 5.43% | 6.05% |
| 9Y | 5.51% | 6.17% |
| 10Y | 5.59% | 6.27% |
| 15Y | 5.87% | 6.43% |
| 20Y | 6.02% | 6.46% |
| 25Y | 6.08% | 6.36% |
| 30Y | 6.12% | 6.27% |
| 40Y | 6.14% | 6.19% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.84% and the 10-year 5.59%, a 10Y−2Y spread of +74 bp — positively sloped — as of 2026-07-27. 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 | Latest2026-07-27 | 1m ago2026-06-26 | 2m ago2026-05-28 | 3m ago2026-04-28 | 4m ago2026-03-30 | 5m ago2026-02-27 | 6m ago2026-01-28 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.84% | 4.69% | 4.57% | 4.45% | 4.57% | 4.07% | 4.15% |
| 10Y | 5.59% | 5.28% | 5.32% | 5.25% | 5.41% | 4.97% | 5.04% |
| 10Y − 2Y | +74 bp | +60 bp | +75 bp | +80 bp | +84 bp | +91 bp | +90 bp |
Yields by rating group
The same curve split by credit quality: 2147 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.51%, A+ to BBB- 5.57%, Speculative 6.36%.
Bonds in this curve
A selection of 30 of the 2152 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Duke Energy Corporation | 3.94% | 2026-09-01 | 2.65% | US26441CAS44 |
| Entergy Corporation | 4.67% | 2026-09-01 | 2.95% | US29364GAJ22 |
| DTE Energy CO | 4.32% | 2026-10-01 | 2.85% | US233331AY31 |
| Fortisbc INC | 4.62% | 2026-10-04 | 3.06% | US349553AM97 |
| Eversource Energy | 5.28% | 2027-01-01 | 5.00% | US30040WAY49 |
| Vistra Operations CO LLC | 5.34% | 2026-12-30 | 5.05% | USU9226VAT45 |
| Connecticut Light & Power CO | 4.94% | 2027-03-15 | 3.20% | US207597EJ05 |
| China Southern Power Grid International Finance (BVI) CO. Limited | 4.41% | 2027-05-08 | 3.50% | USG2120QAC09 |
| Atmos Energy Corp | 4.53% | 2027-06-15 | 3.00% | US049560AN51 |
| Edison International | 5.25% | 2027-06-15 | 5.75% | US281020AN70 |
| American Electric Power CO INC | 4.97% | 2027-11-01 | 5.75% | US025537AV36 |
| Cgnpc International LTD | 4.65% | 2027-12-11 | 3.75% | XS1733841735 |
| Consolidated Edison CO NEW York INC | 4.65% | 2028-05-15 | 3.80% | US209111FP33 |
| Dominion Energy INC | 4.78% | 2028-05-15 | 4.60% | US25746UDY29 |
| Duke Energy Corporation | 4.79% | 2029-02-01 | 3.65% | US26442EAF79 |
| Eversource Energy | 5.02% | 2029-02-01 | 5.95% | US30040WAW82 |
| Duke Energy Corporation | 4.85% | 2030-02-01 | 2.45% | US26442CBA18 |
| ENN Energy Holdings LTD | 5.00% | 2030-09-17 | 2.62% | USG3066LAF88 |
| Pacific GAS & Electric | 5.18% | 2031-02-01 | 2.50% | US694308JG36 |
| Talent Yield International Limited | 4.86% | 2031-05-06 | 3.12% | XS2335142415 |
| Southern California Edison Company | 5.16% | 2032-02-01 | 2.75% | US842400HM81 |
| Commonwealth Edison CO | 5.13% | 2033-02-01 | 4.90% | US202795JX94 |
| PPL Electric Utilities Corp | 5.26% | 2034-02-15 | 4.85% | US69351UBC62 |
| Piedmont Natural GAS CO INC | 5.47% | 2035-02-15 | 5.10% | US720186AR65 |
| Vistra Operations CO LLC | 5.95% | 2036-01-31 | 5.35% | USU9226VAZ05 |
| Florida Power & Light CO | 5.60% | 2039-04-01 | 5.96% | US341081FB85 |
| Nisource INC | 6.16% | 2044-02-15 | 4.80% | US65473QBC69 |
| Centerpoint Energy INC | 5.95% | 2049-02-01 | 4.25% | US15189XAT54 |
| American Water Capital Corp | 6.06% | 2054-03-01 | 5.45% | US03040WBC82 |
| Consumers Energy CO | 6.14% | 2064-08-31 | 4.35% | US210518CX25 |