51.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB51Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.22
Year-over-Year Change
10.48%
Date Range
1/1/1984 - 7/1/2025
Summary
The 51.5-Year High Quality Market (HQM) Corporate Bond Spot Rate is a critical benchmark that tracks long-term corporate bond yields across high-quality issuers. This metric provides insights into corporate borrowing costs and broader market expectations for interest rates and economic conditions.
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 represents a sophisticated measure of corporate bond yields, calculated using a comprehensive methodology that considers multiple high-quality corporate bond characteristics. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex statistical approach that analyzes yields from high-quality corporate bonds across different maturities and credit ratings.
Historical Context
This rate is crucial for monetary policy analysis, corporate finance decision-making, and understanding long-term investment and borrowing dynamics in the U.S. corporate bond market.
Key Facts
- Represents a comprehensive measure of high-quality corporate bond yields
- Provides insights into long-term corporate borrowing costs
- Used by economists and investors to assess market conditions
FAQs
Q: What makes this corporate bond rate 'high quality'?
A: The rate focuses on bonds from corporations with strong credit ratings and financial stability, typically from well-established companies with low default risk.
Q: How does this rate impact corporate borrowing?
A: The rate directly influences the cost of long-term corporate debt, with higher rates indicating more expensive borrowing and potentially more challenging financing conditions.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data regularly, with precise frequencies depending on market conditions and data collection processes.
Q: Why do investors care about this 51.5-year spot rate?
A: Investors use this rate to assess long-term investment opportunities, understand market expectations, and make informed decisions about corporate bond investments.
Q: What are the limitations of this data point?
A: While comprehensive, the rate represents a specific market segment and should be considered alongside other economic indicators for a complete financial analysis.
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Citation
U.S. Federal Reserve, 51.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB51Y6M], retrieved from FRED.
Last Checked: 8/1/2025