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

HQMCB96YR • 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 96-Year High Quality Market Corporate Bond Spot Rate tracks long-term corporate bond yields across high-quality market segments. This metric provides critical insights into corporate borrowing costs and overall economic 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

This economic indicator represents the theoretical yield curve for high-quality corporate bonds with a 96-year maturity, reflecting long-term corporate debt pricing expectations. Economists and financial analysts use this rate to assess corporate credit markets and potential economic trends.

Methodology

The rate is calculated using a sophisticated yield curve estimation methodology that considers multiple high-quality corporate bond market segments and their corresponding yields.

Historical Context

Central banks and institutional investors use this rate to evaluate long-term corporate credit market health and potential macroeconomic investment strategies.

Key Facts

  • Represents a 96-year theoretical corporate bond yield curve
  • Indicates long-term corporate borrowing cost expectations
  • Used by economists to assess credit market conditions

FAQs

Q: What does the 96-Year HQM Corporate Bond Spot Rate indicate?

A: The rate indicates long-term corporate borrowing costs for high-quality market segments. It provides insights into expected corporate credit conditions over an extended period.

Q: How is this rate different from standard bond yields?

A: Unlike standard bond yields, this rate represents a theoretical 96-year yield curve, offering a more comprehensive view of potential long-term corporate credit market trends.

Q: Who primarily uses this economic indicator?

A: Central banks, institutional investors, economic researchers, and financial analysts use this rate to assess long-term market credit conditions and potential investment strategies.

Q: How frequently is this data updated?

A: The data is typically updated periodically by the Federal Reserve, with frequency depending on market conditions and data collection processes.

Q: What are the limitations of this indicator?

A: The rate is a theoretical projection and may not perfectly predict actual market conditions. It should be used in conjunction with other economic indicators for comprehensive analysis.

Related Trends

Citation

U.S. Federal Reserve, 96-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB96YR], retrieved from FRED.

Last Checked: 8/1/2025