10.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB10Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.28
Year-over-Year Change
2.13%
Date Range
1/1/1984 - 7/1/2025
Summary
The 10.5-Year High Quality Market (HQM) Corporate Bond Spot Rate represents the yield of high-quality corporate bonds with a specific maturity duration. 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 is a key benchmark that reflects the current interest rates for high-quality corporate debt instruments. Economists and financial analysts use this rate to assess corporate credit markets, investment attractiveness, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that evaluates corporate bond yields across multiple quality tiers and maturities.
Historical Context
This rate is crucial for monetary policy analysis, corporate financial planning, and understanding broader credit market dynamics.
Key Facts
- Represents yields for high-quality corporate bonds
- Provides insight into corporate borrowing costs
- Used by economists and financial professionals for market analysis
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the current yield for high-quality corporate bonds at a specific maturity. It reflects market expectations and corporate credit conditions.
Q: How often is this rate updated?
A: The rate is typically updated regularly by the Federal Reserve, with precise frequency depending on market conditions and data collection cycles.
Q: Why do investors care about this rate?
A: Investors use this rate to assess potential returns, evaluate corporate bond investments, and understand broader market credit trends.
Q: How does this rate relate to economic policy?
A: The rate provides insights for monetary policy makers, helping them understand corporate credit markets and potential economic interventions.
Q: What limitations exist in interpreting this rate?
A: The rate represents a specific market segment and should be considered alongside other economic indicators for comprehensive analysis.
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Citation
U.S. Federal Reserve, 10.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB10Y6M], retrieved from FRED.
Last Checked: 8/1/2025