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

HQMCB24Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.99

Year-over-Year Change

7.93%

Date Range

1/1/1984 - 7/1/2025

Summary

The 24.5-Year High Quality Market (HQM) Corporate Bond Spot Rate represents the theoretical yield for high-quality corporate bonds with a specific 24.5-year maturity. This metric provides critical insights into long-term corporate borrowing costs and market expectations for corporate debt pricing.

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 indicator that tracks the yield curve for high-quality corporate bonds across different maturities. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and broader economic conditions.

Methodology

The rate is calculated by the Federal Reserve using a complex methodology that considers high-quality corporate bond yields, adjusting for credit quality and market conditions.

Historical Context

This rate is crucial for institutional investors, corporate financial planners, and policymakers in evaluating long-term debt markets and economic forecasting.

Key Facts

  • Represents theoretical yield for high-quality 24.5-year corporate bonds
  • Provides insights into long-term corporate borrowing costs
  • Used by investors and economists to assess market conditions

FAQs

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

A: The rate indicates the theoretical yield for high-quality corporate bonds at a specific 24.5-year maturity, reflecting market expectations for long-term corporate debt pricing.

Q: How is this rate different from other bond yield measurements?

A: Unlike standard bond yields, the HQM rate is carefully adjusted for credit quality and provides a more nuanced view of corporate borrowing costs.

Q: Who calculates the HQMCB24Y6M rate?

A: The rate is calculated by the U.S. Federal Reserve using a sophisticated methodology that considers multiple market factors.

Q: Why do investors care about this rate?

A: Investors use this rate to assess long-term investment opportunities, evaluate corporate credit markets, and make informed financial decisions.

Q: How frequently is this data updated?

A: The HQM Corporate Bond Spot Rate is typically updated regularly, reflecting current market conditions and corporate bond market dynamics.

Related Trends

Citation

U.S. Federal Reserve, 24.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB24Y6M], retrieved from FRED.

Last Checked: 8/1/2025