42.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB42Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.17
Year-over-Year Change
10.18%
Date Range
1/1/1984 - 7/1/2025
Summary
The 42.5-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 market expectations for long-term interest rates.
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 an extended 42.5-year maturity horizon. Economists and financial analysts use this rate to assess long-term corporate credit conditions and evaluate potential shifts in capital market dynamics.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers high-quality corporate bond yields and adjusts for market conditions and credit quality.
Historical Context
This trend is crucial for policy makers, investors, and financial strategists in assessing long-term corporate credit markets and making informed investment and economic policy decisions.
Key Facts
- Represents yields for high-quality corporate bonds at a 42.5-year maturity
- Provides insight into long-term corporate borrowing costs
- Used by economists to assess market expectations and credit conditions
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the yield for high-quality corporate bonds with a 42.5-year maturity, reflecting long-term borrowing costs and market expectations.
Q: How is this rate different from standard corporate bond rates?
A: This rate specifically focuses on a very long 42.5-year maturity and uses a high-quality market methodology, providing a more nuanced view of corporate credit markets.
Q: Who uses the HQMCB42Y6M data?
A: Financial analysts, economists, investors, and policy makers use this data to assess long-term corporate credit conditions and make strategic financial decisions.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate bond performance.
Q: What are the limitations of this rate?
A: The rate represents a specific market segment and may not capture all nuances of corporate borrowing costs across different credit qualities and market conditions.
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Citation
U.S. Federal Reserve, 42.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB42Y6M], retrieved from FRED.
Last Checked: 8/1/2025