62-Year High Quality Market (HQM) Corporate Bond Spot Rate

HQMCB62YR • 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 62-Year High Quality Market Corporate Bond Spot Rate represents a critical long-term benchmark for corporate bond yields across high-quality debt instruments. This metric provides crucial 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 HQMCB62YR is a sophisticated financial indicator tracking the theoretical yield curve for high-quality corporate bonds with a 62-year maturity. Economists and financial analysts use this rate to assess long-term corporate credit markets and potential investment opportunities.

Methodology

The rate is calculated using a complex yield curve estimation methodology that considers multiple high-quality corporate bond characteristics and current market conditions.

Historical Context

This trend is utilized by central banks, institutional investors, and policymakers to evaluate long-term credit market trends and potential economic shifts.

Key Facts

  • Represents a 62-year theoretical corporate bond yield curve
  • Provides insights into high-quality corporate debt markets
  • Used by sophisticated financial analysts and institutional investors

FAQs

Q: What makes this a 'high quality' market rate?

A: The rate specifically tracks bonds from corporations with strong credit ratings and minimal default risk. These are typically issued by stable, well-established companies.

Q: How often is this rate updated?

A: The rate is typically updated periodically by the Federal Reserve, reflecting current market conditions and corporate credit dynamics.

Q: Why is a 62-year rate significant?

A: The extended 62-year timeframe provides a unique perspective on ultra-long-term corporate borrowing costs and market expectations beyond standard bond maturities.

Q: How do investors use this rate?

A: Institutional investors and portfolio managers use this rate to assess long-term investment strategies and evaluate potential corporate bond investments.

Q: What are the limitations of this rate?

A: The rate is theoretical and represents a complex market model, so it should be interpreted alongside other financial indicators for comprehensive analysis.

Related Trends

Citation

U.S. Federal Reserve, 62-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB62YR], retrieved from FRED.

Last Checked: 8/1/2025