84.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB84Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.32
Year-over-Year Change
11.46%
Date Range
1/1/1984 - 7/1/2025
Summary
The 84.5-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a sophisticated measure of long-term corporate bond yields across high-quality issuers. This metric provides critical insights into corporate borrowing costs and market expectations for long-term debt instruments.
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 is a comprehensive yield curve indicator that tracks corporate bond rates across multiple maturities and quality levels. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and broader economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex methodology that considers multiple high-quality corporate bond yields and adjusts for various market factors.
Historical Context
This trend is crucial for monetary policy analysis, corporate finance strategies, and understanding long-term investment risk and return expectations.
Key Facts
- Represents an 84.5-year corporate bond yield measurement
- Tracks high-quality corporate debt market trends
- Used by economists and investors for long-term financial analysis
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the yield of high-quality corporate bonds at a specific long-term maturity. It reflects market expectations for corporate borrowing costs and investment returns.
Q: How is this rate different from other bond yield measurements?
A: Unlike standard bond indices, the HQM rate provides a more nuanced view of corporate bond yields by considering multiple quality levels and market factors.
Q: Who uses the HQMCB84Y6M data?
A: Financial analysts, corporate treasurers, investors, and economic policymakers use this data to assess long-term market conditions and make strategic financial decisions.
Q: How often is this rate updated?
A: The Federal Reserve typically updates these rates periodically, reflecting current market conditions and corporate bond market dynamics.
Q: What limitations exist in this measurement?
A: The rate represents a specific market segment and may not capture all nuances of corporate bond markets. It should be used alongside other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, 84.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB84Y6M], retrieved from FRED.
Last Checked: 8/1/2025