69.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB69Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.29
Year-over-Year Change
11.13%
Date Range
1/1/1984 - 7/1/2025
Summary
The 69.5-Year High Quality Market (HQM) Corporate Bond Spot Rate is a critical financial indicator that tracks long-term corporate bond yields across high-quality markets. This metric provides crucial insights into corporate borrowing costs and overall 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 long-term corporate credit markets and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex methodology that aggregates yield data from high-quality corporate bonds across various maturities and credit ratings.
Historical Context
This rate is extensively used in financial modeling, investment strategy, monetary policy analysis, and corporate financial planning.
Key Facts
- Represents a comprehensive measure of high-quality corporate bond yields
- Provides insights into long-term corporate borrowing costs
- Used by economists and financial professionals for market analysis
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the current yield for high-quality corporate bonds at a specific long-term maturity. It reflects market expectations for interest rates and corporate credit conditions.
Q: How is this rate different from other bond yield measures?
A: Unlike standard bond indices, the HQM rate uses a more sophisticated methodology that considers multiple bond characteristics and provides a more nuanced view of corporate credit markets.
Q: Who typically uses this economic indicator?
A: Financial analysts, corporate treasurers, investors, and monetary policy researchers use this rate to assess market conditions and make strategic financial decisions.
Q: How often is the HQMCB69Y6M rate updated?
A: The Federal Reserve typically updates this rate regularly, with precise frequency depending on market conditions and data availability.
Q: What are the limitations of this economic indicator?
A: While comprehensive, the rate is a snapshot of market conditions and should be considered alongside other economic indicators for a complete financial analysis.
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Citation
U.S. Federal Reserve, 69.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB69Y6M], retrieved from FRED.
Last Checked: 8/1/2025