There's no direct equivalent, but you can use the to path mechanism together with the calc library to do something similar. If you set:
\tikzset{
ncbar angle/.initial=90,
ncbar/.style={
to path=(\tikztostart)
-- ($(\tikztostart)!#1!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztotarget)$)
-- ($(\tikztotarget)!($(\tikztostart)!#1!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztotarget)$)!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztostart)$)
-- (\tikztotarget)
},
ncbar/.default=0.5cm,
}
you can draw a rectangular connection between two coordinates using \draw (a) to [ncbar] (b);. The offset of the line can be controlled using the optional parameter: \draw (a) to [ncbar=1cm] (b);. To change the angle of the connecting line, you can use the key ncbar angle:
\draw [blue] (a) to [ncbar=1.5cm, ncbar angle=70] (b);

\documentclass[landscape]{article}
\usepackage{tikz}
\usetikzlibrary{calc}
\tikzset{
ncbar angle/.initial=90,
ncbar/.style={
to path=(\tikztostart)
-- ($(\tikztostart)!#1!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztotarget)$)
-- ($(\tikztotarget)!($(\tikztostart)!#1!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztotarget)$)!\pgfkeysvalueof{/tikz/ncbar angle}:(\tikztostart)$)
-- (\tikztotarget)
},
ncbar/.default=0.5cm,
}
\begin{document}
\begin{tikzpicture}
\node [draw] (a) {A};
\node at (2,-1) [draw] (b) {B};
\draw (a) to [ncbar] (b);
\draw [red] (a) to [ncbar=-1cm] (b);
\draw [blue] (a) to [ncbar=1.5cm, ncbar angle=70] (b);
\end{tikzpicture}
\end{document}