61-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB61YR • 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-Year High Quality Market (HQM) Corporate Bond Spot Rate is a critical long-term interest rate benchmark that reflects the yield of high-quality corporate bonds. This metric provides essential insights into corporate borrowing costs and overall market credit 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 across a 61-year maturity spectrum, capturing long-term credit market dynamics. Economists and financial analysts use this rate to assess corporate financing costs, investment attractiveness, and broader economic expectations.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that aggregates high-quality corporate bond yields across multiple maturities and credit ratings.
Historical Context
This trend is crucial for monetary policy analysis, corporate investment strategies, and understanding long-term economic expectations and credit market conditions.
Key Facts
- Represents a 61-year corporate bond yield benchmark
- Indicates long-term corporate borrowing costs
- Used by economists and financial strategists for market analysis
FAQs
Q: What does the 61-Year HQM Corporate Bond Spot Rate indicate?
A: It measures the yield of high-quality corporate bonds over a 61-year period, reflecting long-term corporate borrowing costs and market credit conditions.
Q: How is this rate different from other bond yield measurements?
A: Unlike short-term rates, this metric provides a comprehensive view of long-term corporate bond yields across multiple maturities and credit qualities.
Q: Who uses the HQMCB61YR data?
A: Economists, financial analysts, corporate strategists, and policymakers use this rate to assess market conditions, investment strategies, and economic trends.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate bond performance.
Q: What limitations exist in interpreting this rate?
A: The rate represents high-quality corporate bonds and may not fully capture market variations across different credit ratings or specific industry sectors.
Related Trends
98.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB98Y6M
88-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB88YR
5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB5YR
8-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB8YR
57-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB57YR
ICE BofA Asia Emerging Markets Corporate Plus Index Semi-Annual Yield to Worst
BAMLEMRACRPIASIASYTW
Citation
U.S. Federal Reserve, 61-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB61YR], retrieved from FRED.
Last Checked: 8/1/2025