14-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB14YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.61
Year-over-Year Change
4.28%
Date Range
1/1/1984 - 7/1/2025
Summary
The 14-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield for high-quality corporate bonds with a 14-year maturity. This metric provides critical insights into long-term corporate borrowing costs and investor expectations for corporate debt markets.
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 represents a sophisticated measure of corporate bond yields that reflects the current market pricing for high-quality debt instruments. Economists and financial analysts use this rate to assess corporate credit conditions, investment attractiveness, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers multiple high-quality corporate bond characteristics and current market conditions.
Historical Context
This trend is crucial for evaluating corporate financing costs, investment strategies, and broader economic health indicators.
Key Facts
- Represents 14-year high-quality corporate bond yields
- Provides insights into long-term corporate borrowing costs
- Calculated using advanced Federal Reserve methodologies
FAQs
Q: What makes a corporate bond 'high quality'?
A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically from AAA to A-rated corporations.
Q: How often is the HQMCB14YR rate updated?
A: The rate is typically updated regularly, reflecting current market conditions and changes in corporate bond markets.
Q: Why do investors care about the 14-year spot rate?
A: The 14-year rate provides insights into long-term investment expectations, corporate borrowing costs, and potential economic trends.
Q: How does this rate impact corporate financing?
A: Higher rates indicate increased borrowing costs for corporations, potentially influencing investment and expansion decisions.
Q: What are the limitations of this economic indicator?
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, 14-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB14YR], retrieved from FRED.
Last Checked: 8/1/2025