60-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB60YR • 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-Year High Quality Market Corporate Bond Spot Rate represents the theoretical yield for high-quality corporate bonds with a 60-year maturity. This metric provides critical insights into long-term corporate debt pricing and investor expectations for future 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 spot rate reflects the current market valuation of long-term corporate debt instruments with top credit ratings. Economists and financial analysts use this rate to assess corporate borrowing costs, investment attractiveness, and broader economic expectations.
Methodology
The rate is calculated using a sophisticated yield curve methodology that interpolates bond prices and yields across different maturities to create a standardized 60-year benchmark.
Historical Context
Central banks and institutional investors use this rate to evaluate long-term economic trends, corporate credit risk, and potential monetary policy implications.
Key Facts
- Represents theoretical yield for top-rated 60-year corporate bonds
- Provides insight into long-term economic expectations
- Used by institutional investors for strategic financial planning
FAQs
Q: What does the 60-Year HQM Corporate Bond Spot Rate indicate?
A: It shows the theoretical yield for high-quality 60-year corporate bonds, reflecting long-term market expectations and borrowing costs for top-rated corporations.
Q: How is this rate different from shorter-term bond rates?
A: The 60-year rate captures much longer economic expectations and potential risks compared to shorter-term bonds, providing a more comprehensive view of potential economic conditions.
Q: Who typically uses this economic indicator?
A: Institutional investors, central banks, financial analysts, and economic policymakers use this rate to assess long-term economic trends and corporate credit markets.
Q: How frequently is this rate updated?
A: The rate is typically updated regularly by the Federal Reserve, reflecting current market conditions and changes in corporate bond pricing.
Q: What limitations exist in interpreting this rate?
A: The rate represents a theoretical calculation and may not perfectly reflect actual bond market transactions, requiring careful contextual interpretation.
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Citation
U.S. Federal Reserve, 60-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB60YR], retrieved from FRED.
Last Checked: 8/1/2025