1.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB1Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.33
Year-over-Year Change
-14.26%
Date Range
1/1/1984 - 7/1/2025
Summary
The 1.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield of high-quality corporate bonds with a 1.5-year maturity. This metric provides critical insights into corporate borrowing costs and overall credit market 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 benchmark for corporate debt pricing, reflecting the current interest rates for investment-grade corporate bonds. Economists and financial analysts use this rate to assess corporate credit market health and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers high-quality corporate bond yields across various market segments.
Historical Context
This rate is crucial for monetary policy analysis, corporate financial planning, and understanding broader credit market dynamics.
Key Facts
- Represents yields for high-quality corporate bonds with 1.5-year maturity
- Provides insights into corporate borrowing costs
- Used as a benchmark for credit market conditions
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the current yield for high-quality corporate bonds, reflecting borrowing costs and credit market conditions.
Q: How often is this rate updated?
A: The rate is typically updated regularly by the Federal Reserve, with frequency depending on market conditions and data availability.
Q: Why is this rate important for investors?
A: Investors use this rate to assess corporate bond attractiveness, understand credit market trends, and make informed investment decisions.
Q: How does this rate relate to broader economic conditions?
A: The rate serves as an indicator of corporate financial health, credit market sentiment, and potential economic trends.
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.
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Citation
U.S. Federal Reserve, 1.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB1Y6M], retrieved from FRED.
Last Checked: 8/1/2025