61.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB61Y6M • 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 61.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks long-term corporate bond yields across high-quality issuers. This metric provides critical insights into corporate borrowing costs and broader market expectations for interest rates and 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
The HQM Corporate Bond Spot Rate represents a sophisticated measure of corporate bond yields, calculated using a comprehensive methodology that considers multiple high-quality corporate bond characteristics. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex statistical model that evaluates yields from high-quality corporate bonds across different maturities and credit ratings.
Historical Context
This rate is crucial for policymakers, investors, and financial institutions in assessing long-term corporate credit conditions and making strategic economic decisions.
Key Facts
- Represents yields for high-quality corporate bonds over a 61.5-year period
- Provides a comprehensive view of corporate borrowing costs
- Used by economists to assess market expectations and credit conditions
FAQs
Q: What makes this corporate bond rate unique?
A: The HQM rate uses a sophisticated methodology that considers multiple high-quality corporate bond characteristics, offering a more nuanced view of corporate borrowing costs.
Q: How do investors use this rate?
A: Investors analyze this rate to understand long-term corporate credit conditions, assess potential investment opportunities, and gauge overall market expectations.
Q: How often is this data updated?
A: The Federal Reserve typically updates this data periodically, with frequency depending on market conditions and data collection processes.
Q: What economic factors influence this rate?
A: Factors like inflation expectations, monetary policy, corporate financial health, and overall economic conditions can significantly impact the HQM corporate bond spot rate.
Q: Are there limitations to this rate?
A: While comprehensive, the rate focuses on high-quality bonds and may not fully represent the entire corporate bond market or lower-rated securities.
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Citation
U.S. Federal Reserve, 61.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB61Y6M], retrieved from FRED.
Last Checked: 8/1/2025