14.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB14Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.65
Year-over-Year Change
4.63%
Date Range
1/1/1984 - 7/1/2025
Summary
The 14.5-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, reflecting the current market's assessment of credit risk and investment potential. Economists and financial analysts use this rate to understand corporate financing dynamics and broader economic trends.
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 rate is crucial for monetary policy analysis, corporate investment strategies, and assessing overall economic health and credit market conditions.
Key Facts
- Measures long-term corporate bond yields for high-quality issuers
- Provides insights into corporate borrowing costs
- Reflects market expectations of credit risk and economic conditions
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: It indicates the current yield for high-quality corporate bonds at a specific maturity, reflecting market expectations of credit risk and investment returns.
Q: How do changes in this rate impact businesses?
A: Fluctuations can affect corporate borrowing costs, investment decisions, and overall financial strategy for companies seeking long-term financing.
Q: How is the HQMCB14Y6M rate calculated?
A: The Federal Reserve calculates this rate by analyzing yields from high-quality corporate bonds, considering factors like credit rating, maturity, and market conditions.
Q: Why do investors track this rate?
A: Investors use this rate to assess corporate bond attractiveness, evaluate credit market trends, and make informed investment decisions.
Q: How often is this data updated?
A: The rate is typically updated regularly by the Federal Reserve, with frequency depending on market conditions and data collection processes.
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Citation
U.S. Federal Reserve, 14.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB14Y6M], retrieved from FRED.
Last Checked: 8/1/2025