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

HQMCB58Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.25

Year-over-Year Change

10.82%

Date Range

1/1/1984 - 7/1/2025

Summary

The 58.5-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a critical long-term benchmark for corporate bond yields across high-quality debt instruments. This rate provides crucial insights into corporate borrowing costs and market expectations for long-term corporate debt performance.

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 metric that tracks the yield curve for high-quality corporate bonds with extended maturities. Economists and financial analysts use this rate to assess corporate credit markets, investment attractiveness, and potential economic trends.

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 instrumental in monetary policy analysis, investment strategy development, and understanding long-term corporate financing conditions.

Key Facts

  • Represents yields for high-quality corporate bonds with extended maturities
  • Provides insights into long-term corporate borrowing costs
  • Used by economists and investors for market analysis and investment strategies

FAQs

Q: What makes this corporate bond rate unique?

A: The 58.5-year maturity provides an exceptionally long-term view of corporate bond yields, offering rare insights into extended market expectations.

Q: How do investors use this rate?

A: Investors analyze this rate to assess corporate credit risk, compare investment opportunities, and gauge long-term economic trends.

Q: How often is this rate updated?

A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate credit dynamics.

Q: What factors influence this corporate bond spot rate?

A: Factors include overall economic conditions, Federal Reserve monetary policy, corporate credit ratings, and broader market sentiment.

Q: Are there limitations to using this rate?

A: While comprehensive, the rate represents a specific market segment and should be considered alongside other economic indicators for a complete analysis.

Related Trends

Citation

U.S. Federal Reserve, 58.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB58Y6M], retrieved from FRED.

Last Checked: 8/1/2025