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

HQMCB50YR • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.21

Year-over-Year Change

10.30%

Date Range

1/1/1984 - 7/1/2025

Summary

The 50-Year High Quality Market Corporate Bond Spot Rate represents the theoretical yield for high-quality corporate bonds with a 50-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 50-Year Corporate Bond Spot Rate is a sophisticated financial indicator that tracks the yield curve for top-tier corporate bonds with extended maturities. Economists and financial analysts use this rate to assess long-term credit market conditions and corporate financing environments.

Methodology

The rate is calculated by the Federal Reserve using a complex methodology that considers high-quality corporate bond yields across multiple market segments and maturity profiles.

Historical Context

This rate is crucial for pension fund managers, corporate financial planners, and monetary policy researchers in evaluating long-term investment strategies and economic forecasting.

Key Facts

  • Represents theoretical yield for 50-year high-quality corporate bonds
  • Provides insights into long-term corporate borrowing costs
  • Used by economists to assess credit market conditions

FAQs

Q: What makes a corporate bond 'high quality'?

A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically from AAA to A-rated corporations.

Q: How does the 50-year spot rate differ from shorter-term bond rates?

A: The 50-year spot rate reflects longer-term economic expectations and typically offers higher yields to compensate for extended investment periods and increased uncertainty.

Q: How frequently is the HQMCB50YR rate updated?

A: The rate is typically updated regularly by the Federal Reserve, with most data sources providing daily or weekly refreshed information.

Q: Why do investors care about the 50-year corporate bond spot rate?

A: Investors use this rate to assess long-term investment potential, evaluate corporate financial health, and make strategic asset allocation decisions.

Q: What are the limitations of the 50-year corporate bond spot rate?

A: The rate represents a theoretical yield and may not perfectly reflect actual market transactions, and relatively few 50-year corporate bonds exist in practice.

Related Trends

Citation

U.S. Federal Reserve, 50-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB50YR], retrieved from FRED.

Last Checked: 8/1/2025