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

HQMCB26YR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

8.30%

Date Range

1/1/1984 - 7/1/2025

Summary

The 26-Year High Quality Market (HQM) Corporate Bond Spot Rate represents the theoretical yield for high-quality corporate bonds with a 26-year maturity. This metric provides critical insight 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 is a sophisticated financial indicator that tracks the yield curve for high-quality corporate bonds with extended maturities. Economists and financial analysts use this rate to assess corporate credit markets, investment risk, 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 market conditions.

Historical Context

This rate is crucial for evaluating long-term corporate financing costs, investment strategies, and broader economic forecasting.

Key Facts

  • Represents theoretical yield for high-quality 26-year corporate bonds
  • Provides insight into long-term corporate borrowing costs
  • Calculated using sophisticated Federal Reserve methodologies

FAQs

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

A: The rate indicates the theoretical yield for high-quality corporate bonds with a 26-year maturity, reflecting long-term borrowing costs and market expectations.

Q: How often is this rate updated?

A: The rate is typically updated regularly by the Federal Reserve to reflect current market conditions and corporate bond performance.

Q: Why is the 26-year spot rate significant?

A: The 26-year spot rate provides a comprehensive view of long-term corporate debt markets and helps investors and economists assess economic trends.

Q: How do changes in this rate impact corporate financing?

A: Fluctuations in the rate can influence corporate borrowing costs, investment strategies, and overall capital market dynamics.

Q: What makes this rate a 'high quality' measure?

A: The rate focuses on bonds from corporations with strong credit ratings and financial stability, ensuring a reliable representation of corporate debt markets.

Related Trends

Citation

U.S. Federal Reserve, 26-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB26YR], retrieved from FRED.

Last Checked: 8/1/2025