22-Year High Quality Market (HQM) Corporate Bond Spot Rate
This dataset tracks 22-year high quality market (hqm) corporate bond spot rate over time.
Latest Value
5.96
Year-over-Year Change
7.39%
Date Range
1/1/1984 - 7/1/2025
Summary
The 22-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield for high-quality corporate bonds with a 22-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, adjusted for credit quality and market conditions. Economists and financial analysts use this rate to assess corporate credit markets, investment risk, and broader economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers credit quality, market conditions, and current bond pricing across multiple high-quality corporate issuers.
Historical Context
This rate is crucial for monetary policy analysis, corporate financial planning, and understanding long-term investment and borrowing dynamics in the U.S. corporate debt market.
Key Facts
- Represents yields for high-quality 22-year corporate bonds
- Provides insights into long-term corporate borrowing costs
- Adjusted for credit quality and current market conditions
FAQs
Q: What does the HQM Corporate Bond Spot Rate indicate?
A: The rate indicates the current yield for high-quality 22-year corporate bonds, reflecting market expectations for long-term corporate borrowing costs and credit conditions.
Q: How is this rate different from other bond yield measurements?
A: Unlike standard bond indices, the HQM rate is specifically adjusted for credit quality and provides a more nuanced view of corporate bond market conditions.
Q: Who uses the HQMCB22YR data?
A: Economists, financial analysts, corporate treasurers, and investors use this rate to assess long-term corporate credit markets and make informed financial decisions.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate regularly, reflecting current market conditions and changes in corporate bond pricing.
Q: What factors influence the 22-Year HQM Corporate Bond Spot Rate?
A: Factors include overall economic conditions, Federal Reserve monetary policy, corporate credit ratings, and broader market interest rate trends.
Related News

U.S. Treasury Yields Drop Amid Expectations of Rate Cuts
U.S. Treasury Yields Plummet as Rate Cuts Loom on the Horizon U.S. Treasury Yields are experiencing a significant decline, reaching a five-month low. This drop highlights emerging shifts in the financial landscape, particularly in the context of the 10-year bond rate. Central to this situation is the Federal Reserve's anticipated interest rate cuts, which are making investors reassess their strategies and could have far-reaching effects on the economy. As the financial markets react, understand

U.S. S&P 500 Stock Movements: Paramount and Apple Surge
Apple and Paramount Stocks Bolster the S&P 500: Analyzing Market Movements The S&P 500 recently experienced a boost thanks to significant stock movements from Apple and Paramount. As a key indicator of the U.S. stock market, the S&P 500's rise reflects broader economic dynamics. Notably, Apple's stock benefited from the recent iPhone 17 launch, while Paramount's corporate strategies have also captured investor attention. These developments underscore the interconnected nature of market trends,

U.S. Stocks Hit New Highs After Federal Reserve Meeting
S&P 500 Hits All-Time Highs Post-Federal Reserve Meeting The S&P 500 record high signifies a landmark achievement for the U.S. stock market, further amplified by recent financial developments. Following a pivotal Federal Reserve meeting, U.S. stocks hit new highs, with the S&P 500 performance, Dow Jones reaching new records, and Nasdaq soaring to a peak, collectively illustrating a robust market outlook. This surge reflects strong investor sentiment, with the Fed's policy announcements acting a

US Housing Giant Hopes Fed Policies Boost Sagging Profits
Revitalizing S&P 500 Housing with Federal Reserve Policies The primary keyword, "Treasury Yield," has become an increasingly critical focus within the realm of the S&P 500 housing market. Current fluctuations in bond rates, particularly the 10-year bond rate, are causing waves in the already volatile US housing market. This situation is marked by a profit decline experienced by major housing giants, as economic uncertainty steers investor confidence. The Federal Reserve's policies and interest

Impact of U.S. Treasury Yields Rise After Fed Rate Cut
The Impact of a Treasury Yield Rise on the U.S. Economy After a Fed Rate Cut The current rise in the 10-year Treasury bond rate has caught the attention of economists, investors, and policymakers alike. Treasury yields, particularly the 10-year Treasury bond rate, act as a key indicator of the economic outlook in the United States. They affect interest rates, the bond market, and expectations for inflation. Understanding their fluctuations can offer insight into financial markets and help guide

U.S. Jobless Claims Spike, Followed By Decline, Layoffs Remain Low
U.S. Jobless Claims Spike and Decline: Insights into Labor Market Trends U.S. jobless claims recently spiked, only to decline soon after, highlighting interesting patterns in the labor market. At the heart of these shifts lies a tale of layoffs and employment dynamics that paint a picture of the U.S. economy's current state. These fluctuations in jobless claims explain broader economic metrics like the unemployment rate and employment rate. This overview offers a window into the complex interpl
Related Trends
Consumer Price Index for All Urban Consumers: All Items in U.S. City Average
CPIAUCNS
Capacity Utilization: Total Index
TCU
Commercial and Industrial Loans, All Commercial Banks
TOTCI
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood A
RLMSHFBHOLCNA
Home Ownership Rate in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHHORHOLCNC
Share of Foreign Born in Home Owners Loan Corporation (HOLC) Neighborhood C
RLMSHFBHOLCNC
Citation
U.S. Federal Reserve, 22-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB22YR], retrieved from FRED.
Last Checked: 8/1/2025