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

HQMCB55YR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.24

Year-over-Year Change

10.64%

Date Range

1/1/1984 - 7/1/2025

Summary

The 55-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 overall 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 a 55-year maturity spectrum, reflecting sophisticated market pricing for high-quality corporate debt. Economists and financial analysts use this rate to understand long-term investment expectations and corporate financing conditions.

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 crucial for assessing long-term corporate financing costs, investment strategies, and macroeconomic interest rate expectations.

Key Facts

  • Represents yields for high-quality 55-year corporate bonds
  • Provides insight into long-term corporate borrowing costs
  • Used by investors and economists to assess market expectations

FAQs

Q: What makes this a 'High Quality Market' rate?

A: The rate specifically tracks bonds from corporations with strong credit ratings and financial stability. It excludes lower-quality or higher-risk corporate debt instruments.

Q: How often is this rate updated?

A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate bond market dynamics.

Q: Why is a 55-year rate significant?

A: A 55-year rate provides an extremely long-term view of corporate borrowing costs, offering unique insights into extended market expectations and investment horizons.

Q: How do investors use this rate?

A: Investors analyze this rate to make long-term investment decisions, assess corporate bond valuations, and understand potential future interest rate trends.

Q: What limitations exist in this data?

A: The rate represents a specific market segment and may not capture all nuances of corporate bond markets or individual company performance.

Related Trends

Citation

U.S. Federal Reserve, 55-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB55YR], retrieved from FRED.

Last Checked: 8/1/2025