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

HQMCB82YR • 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 82-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a long-term benchmark for corporate bond yields across high-quality issuers. 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 tracks the theoretical yield curve for high-quality corporate bonds with varying maturities, offering economists a comprehensive view of corporate credit markets. It reflects the cost of long-term corporate debt and serves as a key indicator of corporate financial health and market expectations.

Methodology

The rate is calculated by the Federal Reserve using a sophisticated methodology that considers high-quality corporate bond yields across different maturity ranges.

Historical Context

Policymakers and investors use this rate to assess corporate credit markets, evaluate investment strategies, and understand long-term economic trends.

Key Facts

  • Represents a comprehensive view of high-quality corporate bond yields
  • Provides insights into long-term corporate borrowing costs
  • Used by economists and investors to assess market conditions

FAQs

Q: What makes a corporate bond 'high-quality'?

A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically from AAA to BBB grade.

Q: How does the HQM Corporate Bond Spot Rate impact investment decisions?

A: Investors use this rate to compare potential returns and assess the relative attractiveness of corporate bond investments across different maturities.

Q: How frequently is this data updated?

A: The Federal Reserve typically updates the HQM Corporate Bond Spot Rate monthly, providing current market insights.

Q: Why is the 82-year timeframe significant?

A: The extended historical perspective allows for comprehensive analysis of long-term corporate bond market trends and economic cycles.

Q: Can this rate predict economic trends?

A: While not a definitive predictor, the rate can provide valuable signals about market expectations and potential economic shifts.

Related Trends

Citation

U.S. Federal Reserve, 82-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB82YR], retrieved from FRED.

Last Checked: 8/1/2025