44-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB44YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.18
Year-over-Year Change
10.16%
Date Range
1/1/1984 - 7/1/2025
Summary
The 44-Year High Quality Market (HQM) Corporate Bond Spot Rate represents the yield for high-quality corporate bonds with a 44-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 is a sophisticated financial indicator that tracks the theoretical yield curve for top-tier corporate bonds with extended maturities. Economists and financial analysts use this rate to assess long-term corporate credit conditions and broader economic expectations.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that evaluates high-quality corporate bond yields across multiple market segments and credit ratings.
Historical Context
This rate is crucial for institutional investors, corporate financial planners, and macroeconomic policymakers in assessing long-term investment strategies and economic forecasting.
Key Facts
- Represents yields for high-quality 44-year corporate bonds
- Provides insights into long-term corporate borrowing costs
- Calculated using sophisticated Federal Reserve methodologies
FAQs
Q: What makes this a 'High Quality Market' rate?
A: The HQM rate focuses on corporate bonds from top-tier issuers with strong credit ratings and minimal default risk.
Q: How often is this rate updated?
A: The rate is typically updated regularly by the Federal Reserve, reflecting current market conditions and investor expectations.
Q: Why is a 44-year bond rate significant?
A: The 44-year rate provides unique insights into very long-term economic expectations and corporate financial planning.
Q: How do investors use this rate?
A: Investors use this rate to assess long-term investment strategies, evaluate corporate bond valuations, and understand broader economic trends.
Q: What factors influence this rate?
A: Factors include inflation expectations, economic growth projections, Federal Reserve monetary policy, and overall corporate financial health.
Related Trends
5-Year High Quality Market (HQM) Corporate Bond Par Yield
HQMCB5YRP
72.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB72Y6M
46-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB46YR
40-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB40YR
57-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB57YR
ICE BofA 1-3 Year US Corporate Index Semi-Annual Yield to Worst
BAMLC1A0C13YSYTW
Citation
U.S. Federal Reserve, 44-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB44YR], retrieved from FRED.
Last Checked: 8/1/2025