91.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB91Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.33
Year-over-Year Change
11.44%
Date Range
1/1/1984 - 7/1/2025
Summary
The 91.5-Year High Quality Market Corporate Bond Spot Rate tracks long-term corporate bond yields across high-quality issuers. This metric provides critical 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
This spot rate represents the theoretical yield of a zero-coupon bond with a specific maturity, derived from high-quality corporate bond market data. Economists and financial analysts use this rate to assess corporate credit markets, investment attractiveness, and potential economic trends.
Methodology
The rate is calculated using a comprehensive methodology that analyzes corporate bond pricing across multiple quality tiers and maturities, typically aggregated by the Federal Reserve.
Historical Context
This indicator is crucial for monetary policy analysis, corporate financial planning, and understanding long-term investment risk and return expectations.
Key Facts
- Represents theoretical zero-coupon corporate bond yields
- Covers high-quality corporate debt instruments
- Provides insights into long-term market expectations
FAQs
Q: What makes this a 'High Quality Market' rate?
A: The rate focuses on corporate bonds from issuers with strong credit ratings and financial stability. It excludes lower-quality or high-risk corporate debt.
Q: How do investors use this spot rate?
A: Investors analyze this rate to compare potential returns, assess market risk, and make informed decisions about long-term corporate bond investments.
Q: How often is this data updated?
A: The Federal Reserve typically updates these rates periodically, with most current data available through financial databases like FRED.
Q: What economic signals does this rate provide?
A: The rate can indicate market expectations for inflation, economic growth, and overall corporate financial health.
Q: Are there limitations to this indicator?
A: While valuable, the rate represents a theoretical measure and should be considered alongside other economic indicators for comprehensive analysis.
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89-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB89YR
90-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB90YR
7.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB7Y6M
Citation
U.S. Federal Reserve, 91.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB91Y6M], retrieved from FRED.
Last Checked: 8/1/2025