47-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB47YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.20
Year-over-Year Change
10.32%
Date Range
1/1/1984 - 7/1/2025
Summary
The 47-Year High Quality Market Corporate Bond Spot Rate tracks long-term corporate bond yields for high-quality debt instruments. This metric provides critical insights into corporate borrowing costs and overall market expectations for long-term interest rates.
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
This economic indicator represents the theoretical yield curve for high-quality corporate bonds with a 47-year maturity, reflecting sophisticated market pricing for long-term corporate debt. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and broader economic expectations.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers high-quality corporate bond market data and yield curve modeling techniques.
Historical Context
This trend is crucial for institutional investors, corporate financial planners, and monetary policy analysts in evaluating long-term investment strategies and economic forecasting.
Key Facts
- Represents a 47-year corporate bond yield benchmark
- Indicates long-term corporate borrowing costs
- Used by institutional investors for strategic planning
FAQs
Q: What does the 47-Year HQM Corporate Bond Spot Rate indicate?
A: It shows the theoretical yield for high-quality corporate bonds with a 47-year maturity, reflecting long-term market expectations and borrowing costs.
Q: How do investors use this rate?
A: Investors analyze this rate to assess long-term investment opportunities, corporate credit markets, and potential economic trends.
Q: How is this rate calculated?
A: The Federal Reserve calculates the rate using advanced yield curve modeling techniques and comprehensive high-quality corporate bond market data.
Q: Why is the 47-year maturity significant?
A: The extended 47-year timeframe provides unique insights into very long-term market expectations and corporate financial planning.
Q: How frequently is this data updated?
A: The rate is typically updated periodically by the Federal Reserve, with precise frequency depending on market conditions and data collection cycles.
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Citation
U.S. Federal Reserve, 47-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB47YR], retrieved from FRED.
Last Checked: 8/1/2025