United States Callable Utilities & Power Corporate Bond Yields (USD)
Fitted spot curve as of 2026-09-11
https://bondscovery.com/yield-curve/usd-corporate-utilities-power-united-states-callable
United States Callable Utilities & Power Corporate Bond Yields (USD) as of 2026-09-11: 10Y at 5.86%, fitted curve 1M–40Y (4.63%–6.30%), 1694 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.63% | — |
| 3M | 4.67% | 4.68% |
| 6M | 4.73% | 4.91% |
| 9M | 4.82% | 5.14% |
| 12M | 4.90% | 5.14% |
| 18M | 5.01% | 5.31% |
| 2Y | 5.08% | 5.38% |
| 3Y | 5.21% | 5.55% |
| 4Y | 5.32% | 5.79% |
| 5Y | 5.43% | 6.02% |
| 6Y | 5.53% | 6.23% |
| 7Y | 5.63% | 6.42% |
| 8Y | 5.71% | 6.58% |
| 9Y | 5.79% | 6.71% |
| 10Y | 5.86% | 6.81% |
| 15Y | 6.09% | 6.97% |
| 20Y | 6.28% | 7.59% |
| 25Y | 6.25% | 6.12% |
| 30Y | 6.30% | 7.07% |
| 40Y | 6.28% | 6.13% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 5.08% and the 10-year 5.86%, a 10Y−2Y spread of +77 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 | 5.08% | 4.75% | 4.73% | 4.70% | 4.55% | 4.40% | 4.26% |
| 10Y | 5.86% | 5.59% | 5.43% | 5.35% | 5.31% | 5.22% | 5.17% |
| 10Y − 2Y | +77 bp | +84 bp | +70 bp | +65 bp | +76 bp | +82 bp | +91 bp |
Yields by rating group
The same curve split by credit quality: 1913 rated bonds across 3 rating bands, all maturities pooled. Median yield by band: AAA to AA- 5.85%, A+ to BBB- 5.82%, Speculative 6.44%.
Bonds in this curve
A selection of 30 of the 1915 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| DTE Energy CO | 5.12% | 2026-10-01 | 2.85% | US233331AY31 |
| Southwestern Electric Power CO | 6.34% | 2026-10-01 | 2.75% | US845437BP68 |
| Virginia Electric & Power CO | 6.39% | 2026-11-15 | 2.95% | US927804FV18 |
| Ameren Corporation | 5.11% | 2026-12-01 | 5.70% | US023608AP74 |
| Centerpoint Energy INC | 5.47% | 2027-02-01 | 3.00% | US15189XAR98 |
| Georgia Power CO | 4.63% | 2027-02-23 | 5.00% | US373334KV25 |
| Midamerican Energy CO | 4.62% | 2027-05-01 | 3.10% | US595620AQ82 |
| Nextera Energy Capital Holdings INC | 5.01% | 2027-05-01 | 3.55% | US65339KAT79 |
| Pacific GAS & Electric | 5.28% | 2027-08-01 | 2.10% | US694308JF52 |
| Boston GAS Company | 5.07% | 2027-08-01 | 3.15% | USU0568KAB27 |
| Eversource Energy | 5.30% | 2028-01-15 | 3.30% | US30040WAE84 |
| WEC Energy Group INC | 5.09% | 2028-01-15 | 4.75% | US92939UAL08 |
| Entergy Corporation | 5.29% | 2028-06-15 | 1.90% | US29364GAN34 |
| Nextera Energy Capital Holdings INC | 5.04% | 2028-06-15 | 1.90% | US65339KBW99 |
| Duke Energy Corporation | 5.07% | 2029-03-15 | 3.45% | US26442UAH77 |
| Nextera Energy Capital Holdings INC | 5.11% | 2029-03-15 | 4.90% | US65339KCT51 |
| Centerpoint Energy INC | 5.30% | 2030-03-15 | 4.80% | US15189XBG25 |
| Duke Energy Corporation | 5.13% | 2030-03-15 | 4.85% | US26442CBP86 |
| Alabama Power CO | 5.36% | 2031-03-15 | 4.30% | US010392GE29 |
| Exelon Corp | 5.41% | 2031-03-15 | 5.12% | US30161NBR17 |
| AES Corp | 6.03% | 2032-03-15 | 5.80% | US00130HCM51 |
| Duke Energy Corporation | 5.48% | 2033-03-15 | 5.25% | US26442UAQ76 |
| Consolidated Edison CO NEW York INC | 5.54% | 2034-03-15 | 5.50% | US209111GF42 |
| Ameren Corporation | 5.83% | 2035-03-15 | 5.38% | US023608AR31 |
| Arizona Public Service CO | 5.88% | 2036-03-15 | 5.10% | US040555DK73 |
| Southern California Edison Company | 6.37% | 2039-03-15 | 6.05% | US842400FL27 |
| Consolidated Edison CO NEW York INC | 6.16% | 2044-03-15 | 4.45% | US209111FD03 |
| Ameren Corporation | 6.21% | 2049-03-15 | 4.50% | US02361DAT72 |
| Constellation Energy Generation LLC | 6.30% | 2054-03-15 | 5.75% | US210385AF78 |
| Florida Power & Light CO | 6.35% | 2065-03-15 | 5.80% | US341081GZ45 |