57.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB57Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.25
Year-over-Year Change
10.82%
Date Range
1/1/1984 - 7/1/2025
Summary
The 57.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks long-term corporate bond yields across high-quality credit instruments. This metric provides critical insights into corporate borrowing costs and broader economic expectations for extended investment horizons.
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 adjusted for credit quality and market conditions. Economists use this rate to assess long-term corporate financing trends and evaluate potential shifts in investment risk and return profiles.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers multiple high-quality corporate bond characteristics and market yield curves.
Historical Context
This rate is crucial for institutional investors, financial policymakers, and economic researchers analyzing long-term corporate credit markets and macroeconomic trends.
Key Facts
- Represents yields for high-quality corporate bonds with a 57.5-year maturity
- Provides insights into long-term corporate borrowing costs
- Used by investors and policymakers to assess economic expectations
FAQs
Q: What makes this corporate bond rate 'high quality'?
A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically AAA or AA, indicating lower default risk.
Q: How does this rate impact corporate financing?
A: The rate influences corporate borrowing costs and helps companies determine the potential expense of long-term debt issuance.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates these rates periodically, reflecting current market conditions and economic indicators.
Q: Why is a 57.5-year maturity significant?
A: This extended time horizon provides unique insights into very long-term economic expectations and investment risk assessments.
Q: Can individual investors use this data?
A: While primarily used by institutional investors, this rate offers valuable market insights for sophisticated individual investors analyzing long-term economic trends.
Related Trends
65.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB65Y6M
56-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB56YR
46-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB46YR
82.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB82Y6M
ICE BofA Single-B US High Yield Index Effective Yield
BAMLH0A2HYBEY
4.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB4Y6M
Citation
U.S. Federal Reserve, 57.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB57Y6M], retrieved from FRED.
Last Checked: 8/1/2025