11.5-Year High Quality Market (HQM) Corporate Bond Spot Rate

HQMCB11Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.39

Year-over-Year Change

2.86%

Date Range

1/1/1984 - 7/1/2025

Summary

The 11.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield of high-quality corporate bonds with a specific maturity duration. This metric provides critical insights into corporate borrowing costs and overall market credit 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 that adjusts for credit quality and market dynamics. Economists and financial analysts use this rate to assess corporate credit markets, investment attractiveness, and potential economic trends.

Methodology

The rate is calculated by the Federal Reserve using a comprehensive methodology that considers bond quality, market conditions, and yield curve characteristics.

Historical Context

This rate is utilized by policymakers, investors, and financial institutions to evaluate corporate credit markets, assess investment risks, and inform monetary policy decisions.

Key Facts

  • Measures high-quality corporate bond yields for 11.5-year duration
  • Provides insights into corporate borrowing costs
  • Reflects broader market credit conditions

FAQs

Q: What does the HQM Corporate Bond Spot Rate indicate?

A: The rate indicates the current yield for high-quality corporate bonds at a specific maturity point. It reflects market expectations about corporate credit and borrowing costs.

Q: How often is this rate updated?

A: The rate is typically updated regularly by the Federal Reserve, reflecting current market conditions and bond market dynamics.

Q: Why is the 11.5-year duration significant?

A: The 11.5-year duration provides a specific, nuanced view of corporate bond yields that can differ from standard maturity benchmarks.

Q: How do investors use this rate?

A: Investors use this rate to assess corporate bond attractiveness, compare yields, and make informed investment decisions in fixed income markets.

Q: What limitations exist in interpreting this rate?

A: The rate represents a specific market segment and should be considered alongside other economic indicators for comprehensive analysis.

Related Trends

Citation

U.S. Federal Reserve, 11.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB11Y6M], retrieved from FRED.

Last Checked: 8/1/2025