7.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB7Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.88
Year-over-Year Change
-1.01%
Date Range
1/1/1984 - 7/1/2025
Summary
The 7.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield of high-quality corporate bonds with a specific 7.5-year maturity. This metric provides critical 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 benchmark for corporate debt pricing across different maturities, reflecting the current cost of borrowing for high-quality corporate issuers. Economists and financial analysts use this rate to assess credit market health and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers multiple high-quality corporate bond yields and adjusts for market conditions.
Historical Context
This rate is used by policymakers, investors, and financial institutions to evaluate credit market dynamics, assess corporate financial health, and inform investment and lending strategies.
Key Facts
- Represents yields for high-quality corporate bonds at 7.5-year maturity
- Provides insight into corporate borrowing costs
- Calculated and maintained by the Federal Reserve
FAQs
Q: What makes this a 'High Quality Market' rate?
A: The HQM rate focuses on bonds from corporations with strong credit ratings and financial stability. It excludes lower-quality or high-risk corporate debt.
Q: How often is this rate updated?
A: The rate is typically updated daily by the Federal Reserve, reflecting current market conditions and corporate bond yields.
Q: Why is the 7.5-year maturity significant?
A: The 7.5-year maturity provides a mid-term view of corporate borrowing costs, offering insights between short-term and long-term credit market trends.
Q: How do investors use this rate?
A: Investors use this rate to compare corporate bond yields, assess relative value, and make informed investment decisions across different fixed-income securities.
Q: What limitations exist in this data?
A: The rate represents a specific segment of corporate bonds and may not fully capture the entire corporate debt market's complexity.
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Citation
U.S. Federal Reserve, 7.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB7Y6M], retrieved from FRED.
Last Checked: 8/1/2025