81-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB81YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.31
Year-over-Year Change
11.29%
Date Range
1/1/1984 - 7/1/2025
Summary
The 81-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a critical long-term benchmark for corporate bond yields across high-quality market segments. 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 HQM Corporate Bond Spot Rate tracks the theoretical yield for high-quality corporate bonds with an 81-year maturity, offering economists a sophisticated view of long-term corporate debt pricing. It reflects market expectations about future interest rates, corporate financial health, and broader economic stability.
Methodology
The rate is calculated using a complex yield curve methodology that interpolates bond prices and yields across multiple high-quality corporate bond market segments.
Historical Context
Policymakers and financial analysts use this rate to assess long-term credit market trends, corporate financing costs, and potential economic investment signals.
Key Facts
- Represents an 81-year theoretical corporate bond yield
- Tracks high-quality market corporate bond pricing
- Provides critical long-term credit market insights
FAQs
Q: What makes this bond rate 'high quality'?
A: High-quality bonds are issued by financially stable corporations with strong credit ratings, typically AAA or AA, indicating lower default risk.
Q: How often is this rate updated?
A: The HQM Corporate Bond Spot Rate is typically updated regularly by the Federal Reserve, reflecting current market conditions and bond pricing.
Q: Why is an 81-year rate significant?
A: The 81-year rate provides an extremely long-term perspective on corporate borrowing costs, offering unique insights into extended market expectations.
Q: How do investors use this rate?
A: Investors analyze this rate to understand long-term corporate bond valuations, assess potential investment returns, and gauge broader economic trends.
Q: What are the limitations of this rate?
A: The theoretical nature of an 81-year rate means it's more of a market indicator than a directly tradable instrument, requiring careful interpretation.
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Citation
U.S. Federal Reserve, 81-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB81YR], retrieved from FRED.
Last Checked: 8/1/2025