60.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB60Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.26
Year-over-Year Change
10.80%
Date Range
1/1/1984 - 7/1/2025
Summary
The 60.5-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 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 different maturities, calculated using a comprehensive methodology that reflects market conditions. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and broader economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex yield curve estimation process that considers multiple high-quality corporate bond characteristics and market data points.
Historical Context
This rate is crucial for monetary policy analysis, corporate financial planning, and understanding long-term investment and borrowing dynamics.
Key Facts
- Represents yields for high-quality corporate bonds at a 60.5-year maturity
- Provides a comprehensive view of long-term corporate borrowing costs
- Used by economists and investors to assess market conditions and investment strategies
FAQs
Q: What makes this corporate bond rate 'high quality'?
A: High-quality bonds are issued by financially stable corporations with strong credit ratings, typically from top-tier companies with minimal default risk.
Q: How does this rate impact corporate borrowing?
A: The rate directly influences the cost of long-term corporate debt, affecting companies' ability to raise capital and make strategic financial decisions.
Q: How often is this rate updated?
A: The Federal Reserve typically updates these rates regularly, reflecting current market conditions and economic indicators.
Q: Why is a 60.5-year maturity significant?
A: This extended maturity provides insights into very long-term market expectations and corporate financial planning horizons.
Q: Can investors directly use this rate?
A: While not a direct investment instrument, the rate serves as a critical benchmark for understanding corporate bond market trends and potential investment strategies.
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Citation
U.S. Federal Reserve, 60.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB60Y6M], retrieved from FRED.
Last Checked: 8/1/2025