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

HQMCB54YR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.23

Year-over-Year Change

10.66%

Date Range

1/1/1984 - 7/1/2025

Summary

The 54-Year High Quality Market (HQM) Corporate Bond Spot Rate represents the theoretical yield for high-quality corporate bonds with a 54-year maturity. This metric provides critical insights into long-term corporate debt pricing and investor expectations for extended-term fixed-income investments.

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 is a sophisticated financial indicator that tracks the yield curve for top-tier corporate bonds with an extended 54-year term. Economists and financial analysts use this rate to assess long-term corporate credit markets, investment risk, and broader economic expectations.

Methodology

The rate is calculated by the Federal Reserve using a complex yield curve estimation model that considers high-quality corporate bond market data and current economic conditions.

Historical Context

This rate is crucial for institutional investors, pension funds, and policymakers in evaluating long-term investment strategies and assessing corporate credit market dynamics.

Key Facts

  • Represents theoretical yield for high-quality 54-year corporate bonds
  • Provides insights into long-term corporate credit market expectations
  • Used by institutional investors for strategic investment planning

FAQs

Q: What does the 54-Year HQM Corporate Bond Spot Rate indicate?

A: It shows the theoretical yield for high-quality corporate bonds with a 54-year maturity, reflecting long-term market expectations and credit conditions.

Q: Who uses this rate?

A: Institutional investors, pension funds, financial analysts, and economic policymakers use this rate to assess long-term investment strategies and market conditions.

Q: How is the rate calculated?

A: The Federal Reserve calculates the rate using a sophisticated yield curve estimation model that considers high-quality corporate bond market data.

Q: Why is the 54-year term significant?

A: The extended 54-year term provides unique insights into very long-term corporate credit market expectations and investment risk.

Q: How often is this rate updated?

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

Related Trends

Citation

U.S. Federal Reserve, 54-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB54YR], retrieved from FRED.

Last Checked: 8/1/2025