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

HQMCB43Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.17

Year-over-Year Change

9.98%

Date Range

1/1/1984 - 7/1/2025

Summary

The 43.5-Year High Quality Market 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 market expectations for interest rates and economic 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

This economic indicator represents the theoretical yield curve for high-quality corporate bonds with a 43.5-year maturity, reflecting sophisticated market pricing of long-term corporate debt. Economists and financial analysts use this rate to assess corporate credit markets, investment risk, and potential economic trends.

Methodology

The rate is calculated by the Federal Reserve using a comprehensive methodology that considers multiple high-quality corporate bond characteristics and market conditions.

Historical Context

This trend is utilized by policymakers, investors, and financial institutions to evaluate long-term corporate credit markets and make strategic investment and lending decisions.

Key Facts

  • Represents a 43.5-year corporate bond yield benchmark
  • Indicates long-term corporate borrowing costs
  • Provides insights into market expectations and credit conditions

FAQs

Q: What does the 43.5-Year HQM Corporate Bond Spot Rate indicate?

A: It shows the theoretical yield for high-quality corporate bonds with a 43.5-year maturity, reflecting long-term market expectations and borrowing costs.

Q: How do investors use this rate?

A: Investors analyze this rate to assess long-term corporate credit markets, evaluate investment risks, 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: Why is the 43.5-year maturity significant?

A: This extended time horizon provides a comprehensive view of long-term market expectations beyond shorter-term economic cycles.

Q: What limitations exist in interpreting this rate?

A: The rate represents a theoretical benchmark and may not perfectly reflect all individual corporate bond characteristics or market nuances.

Related Trends

Citation

U.S. Federal Reserve, 43.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB43Y6M], retrieved from FRED.

Last Checked: 8/1/2025