70-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB70YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.29
Year-over-Year Change
11.13%
Date Range
1/1/1984 - 7/1/2025
Summary
The 70-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks long-term corporate bond yields for high-quality debt instruments. This metric provides critical insights into corporate borrowing costs and broader economic investment conditions.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The HQM Corporate Bond Spot Rate represents a sophisticated measure of corporate bond yields across a 70-year maturity spectrum. Economists and financial analysts use this rate to assess long-term corporate credit markets and evaluate investment risk premiums.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers high-quality corporate bond yields across multiple maturities and credit ratings.
Historical Context
This trend is crucial for monetary policy analysis, corporate financial planning, and understanding long-term investment expectations in the U.S. capital markets.
Key Facts
- Represents yields for high-quality corporate bonds over a 70-year horizon
- Provides insights into long-term corporate borrowing costs
- Used by investors and policymakers to assess economic conditions
FAQs
Q: What makes a corporate bond 'high quality'?
A: High-quality corporate bonds have top credit ratings from agencies like Moody's or S&P, indicating low default risk and strong financial stability.
Q: How do changes in this rate impact investors?
A: Fluctuations in the HQM Corporate Bond Spot Rate can signal shifts in corporate credit markets, affecting bond prices and investment strategies.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate credit dynamics.
Q: Why is a 70-year spot rate significant?
A: The 70-year horizon provides an exceptionally long-term view of corporate borrowing costs, offering unique insights into extended economic expectations.
Q: Can this rate predict economic trends?
A: While not a definitive predictor, the HQM Corporate Bond Spot Rate can provide valuable signals about future economic conditions and corporate financial health.
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Citation
U.S. Federal Reserve, 70-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB70YR], retrieved from FRED.
Last Checked: 8/1/2025