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

HQMCB67Y6M • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.28

Year-over-Year Change

10.95%

Date Range

1/1/1984 - 7/1/2025

Summary

The 67.5-Year High Quality Market Corporate Bond Spot Rate represents a critical long-term benchmark for corporate bond pricing and yield expectations. This metric provides insights into the cost of corporate debt and overall market sentiment for extended-term financial instruments.

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 reflects the theoretical yield for high-quality corporate bonds with a 67.5-year maturity, serving as an advanced indicator of long-term corporate borrowing costs. Economists and financial analysts use this rate to assess market expectations for future interest rates and corporate financial health.

Methodology

The rate is calculated by the Federal Reserve using a sophisticated yield curve estimation method that interpolates bond market data across multiple maturities.

Historical Context

This trend is crucial for institutional investors, pension funds, and macroeconomic policy makers in evaluating long-term investment strategies and economic forecasting.

Key Facts

  • Represents an ultra-long-term corporate bond pricing benchmark
  • Provides insights into market expectations for extended financial horizons
  • Used by sophisticated institutional investors for strategic planning

FAQs

Q: What does a 67.5-year corporate bond spot rate indicate?

A: It represents the theoretical yield for an extremely long-term high-quality corporate bond, reflecting market expectations for interest rates and corporate financial conditions far into the future.

Q: Who primarily uses this specific spot rate?

A: Institutional investors, pension funds, and economic researchers use this rate for long-term financial planning and macroeconomic analysis.

Q: How is this rate different from shorter-term bond rates?

A: This ultra-long-term rate captures market expectations for economic conditions decades into the future, unlike short-term rates which reflect more immediate financial conditions.

Q: What economic factors influence this spot rate?

A: Factors include long-term inflation expectations, projected economic growth, monetary policy outlook, and overall corporate financial health.

Q: How frequently is this rate updated?

A: The Federal Reserve typically updates this rate periodically, with precise frequency depending on market conditions and data availability.

Related Trends

Citation

U.S. Federal Reserve, 67.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB67Y6M], retrieved from FRED.

Last Checked: 8/1/2025