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

HQMCB94Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.34

Year-over-Year Change

11.62%

Date Range

1/1/1984 - 7/1/2025

Summary

The 94.5-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a critical long-term benchmark for corporate bond yields across nearly a century of market data. This rate provides economists and investors with a comprehensive view of corporate bond pricing and long-term credit market 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 is a sophisticated financial metric that tracks the theoretical yield curve for high-quality corporate bonds over an extended 94.5-year period. Economists use this rate to analyze historical trends in corporate borrowing costs and assess long-term credit market dynamics.

Methodology

The rate is calculated using a complex methodology that involves analyzing high-quality corporate bond yields across multiple maturity periods, weighted and adjusted to provide a comprehensive market perspective.

Historical Context

This trend is crucial for monetary policy analysis, investment strategy development, and understanding long-term corporate credit market trends.

Key Facts

  • Provides a comprehensive 94.5-year view of corporate bond yields
  • Represents high-quality corporate bond market trends
  • Critical for long-term financial and economic analysis

FAQs

Q: What makes this corporate bond rate unique?

A: The 94.5-year span provides an unprecedented historical perspective on corporate bond yields, offering insights into long-term market trends and economic cycles.

Q: How do investors use this rate?

A: Investors analyze this rate to understand historical borrowing costs, assess market conditions, and develop long-term investment strategies.

Q: How often is this data updated?

A: The Federal Reserve typically updates this data periodically, with precise frequency depending on market conditions and data collection methods.

Q: What economic factors influence this rate?

A: Factors include inflation expectations, economic growth, monetary policy, and overall corporate credit market conditions.

Q: Are there limitations to this data?

A: While comprehensive, the rate represents high-quality corporate bonds and may not fully reflect the entire corporate bond market's complexity.

Related Trends

Citation

U.S. Federal Reserve, 94.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB94Y6M], retrieved from FRED.

Last Checked: 8/1/2025