55.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB55Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.24
Year-over-Year Change
10.64%
Date Range
1/1/1984 - 7/1/2025
Summary
The 55.5-Year High Quality Market Corporate Bond Spot Rate provides a critical benchmark for long-term corporate bond pricing and yield expectations. This metric helps investors and economists assess the cost of corporate debt and broader market interest rate trends.
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 spot rate represents the theoretical yield for high-quality corporate bonds with a 55.5-year maturity, reflecting sophisticated market expectations for long-term corporate debt instruments. Economists use this rate to understand term structure, credit market conditions, and potential economic growth signals.
Methodology
The rate is calculated using a complex yield curve methodology that interpolates bond pricing data from high-quality corporate debt instruments across multiple maturities.
Historical Context
Financial analysts and policymakers use this rate to evaluate long-term investment strategies, assess corporate borrowing costs, and gauge broader economic expectations.
Key Facts
- Represents a theoretical 55.5-year corporate bond yield
- Provides insight into long-term market expectations
- Used by investors and economic researchers for strategic analysis
FAQs
Q: What does the 55.5-Year HQM Corporate Bond Spot Rate indicate?
A: It shows the theoretical yield for high-quality corporate bonds with a 55.5-year maturity, reflecting long-term market expectations and borrowing costs.
Q: How is this rate different from standard bond yields?
A: This rate uses a sophisticated interpolation method to estimate yields for a very specific, long-term maturity that isn't typically available in direct bond markets.
Q: Who uses this specific spot rate?
A: Professional investors, financial analysts, economists, and policymakers use this rate to understand long-term market trends and corporate borrowing expectations.
Q: How often is this rate updated?
A: The rate is typically updated regularly by the Federal Reserve, reflecting current market conditions and bond pricing dynamics.
Q: What are the limitations of this spot rate?
A: The rate is a theoretical calculation and may not perfectly represent actual bond market conditions, serving more as a sophisticated market indicator.
Related Trends
74-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB74YR
1.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB1Y6M
9-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB9YR
74.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB74Y6M
ICE BofA 10-15 Year US Corporate Index Effective Yield
BAMLC7A0C1015YEY
4-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB4YR
Citation
U.S. Federal Reserve, 55.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB55Y6M], retrieved from FRED.
Last Checked: 8/1/2025