Caterpillar Bond Yields (USD, Callable)
Fitted spot curve as of 2026-09-10
https://bondscovery.com/yield-curve/usd-corporate-industrials-united-states-callable-caterpillar
Caterpillar Bond Yields (USD, Callable) as of 2026-09-10: 10Y at 5.47%, fitted curve 1M–40Y (4.52%–5.91%), 32 bonds. Live chart, constituents and forward rates on bondScovery.
| Maturity | Fitted yield | Forward rate |
|---|---|---|
| 1M | 4.52% | — |
| 3M | 4.54% | 4.55% |
| 9M | 4.60% | 4.72% |
| 12M | 4.63% | 4.74% |
| 18M | 4.68% | 4.86% |
| 2Y | 4.74% | 4.98% |
| 3Y | 4.85% | 5.16% |
| 4Y | 4.96% | 5.39% |
| 5Y | 5.06% | 5.61% |
| 9Y | 5.40% | 6.04% |
| 10Y | 5.47% | 6.37% |
| 15Y | 5.70% | 6.54% |
| 20Y | 5.82% | 6.58% |
| 25Y | 5.87% | 6.46% |
| 30Y | 5.89% | 6.32% |
| 40Y | 5.91% | 6.17% |
2Y, 10Y and the 10Y−2Y spread over time
The 2-year yield is 4.74% and the 10-year 5.47%, a 10Y−2Y spread of +73 bp — positively sloped — as of 2026-09-10. 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 | Latest2026-09-10 | 1m ago2026-08-11 | 2m ago2026-07-13 | 3m ago2026-06-12 | 4m ago2026-05-13 | 5m ago2026-04-13 | 6m ago2026-03-13 |
|---|---|---|---|---|---|---|---|
| 2Y | 4.74% | 4.57% | 4.55% | 4.41% | 4.22% | 4.15% | 3.89% |
| 10Y | 5.47% | 5.21% | 5.04% | — | 4.93% | 4.69% | 4.74% |
| 10Y − 2Y | +73 bp | +64 bp | +49 bp | — | +71 bp | +55 bp | +86 bp |
Bonds in this curve
A selection of 30 of the 33 bonds behind this curve, spread across maturities.
| Issuer | Yield | Maturity | Coupon | ISIN |
|---|---|---|---|---|
| Caterpillar | 4.25% | 2026-10-16 | 4.45% | US14913UAN00 |
| Caterpillar | 4.36% | 2027-01-08 | 1.70% | US14913R2U05 |
| Caterpillar | 4.48% | 2027-01-08 | 4.50% | US14913UAE01 |
| Caterpillar | 4.85% | 2027-01-07 | 4.50% | US14913UAV26 |
| Caterpillar | 4.61% | 2027-05-14 | 5.00% | US14913UAL44 |
| Caterpillar | 4.52% | 2027-08-12 | 3.60% | US14913R3A32 |
| Caterpillar | 4.62% | 2027-09-14 | 1.10% | US14913R2G11 |
| Caterpillar | 4.55% | 2027-10-15 | 4.40% | US14913UAR14 |
| Caterpillar | 4.75% | 2027-11-15 | 4.60% | US14913UAS96 |
| Caterpillar | 4.66% | 2028-01-10 | 3.70% | US14913UBF66 |
| Caterpillar | 4.76% | 2028-05-15 | 4.20% | US14913V2A50 |
| Caterpillar | 4.86% | 2028-07-15 | 6.62% | US149123BF74 |
| Caterpillar | 4.73% | 2028-08-15 | 4.10% | US14913UBB52 |
| Caterpillar | 4.83% | 2029-02-27 | 4.85% | US14913UAJ97 |
| Caterpillar | 4.91% | 2029-05-15 | 4.30% | US14913V2C17 |
| Caterpillar | 4.80% | 2029-08-16 | 4.38% | US14913UAQ31 |
| Caterpillar | 4.94% | 2029-09-19 | 2.60% | US149123CG49 |
| Caterpillar | 5.01% | 2030-04-09 | 2.60% | US149123CH22 |
| Caterpillar | 5.08% | 2031-03-12 | 1.90% | US149123CK50 |
| Caterpillar | 4.88% | 2031-05-01 | 7.30% | US149123BJ96 |
| Caterpillar | 5.17% | 2031-05-15 | 4.50% | US14913V2D99 |
| Caterpillar | 5.41% | 2035-05-15 | 5.20% | US149123CL34 |
| Caterpillar | 5.28% | 2035-09-15 | 5.30% | US149123BL43 |
| Caterpillar | 5.29% | 2036-08-15 | 6.05% | US149123BN09 |
| Caterpillar | 5.71% | 2041-05-27 | 5.20% | US149123BS95 |
| Caterpillar | 5.89% | 2044-05-15 | 4.30% | US149123CD18 |
| Caterpillar | 5.99% | 2049-09-19 | 3.25% | US149123CF65 |
| Caterpillar | 5.88% | 2050-04-09 | 3.25% | US149123CJ87 |
| Caterpillar | 5.72% | 2055-05-15 | 5.50% | US149123CM17 |
| Caterpillar | 5.93% | 2064-05-15 | 4.75% | US149123CE90 |