68.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
This dataset tracks 68.5-year high quality market (hqm) corporate bond spot rate over time.
Latest Value
6.28
Year-over-Year Change
10.95%
Date Range
1/1/1984 - 7/1/2025
Summary
The 68.5-Year High Quality Market Corporate Bond Spot Rate provides a critical benchmark for long-term corporate bond yields, reflecting the cost of corporate debt financing over an extended period. This metric offers insights into corporate borrowing costs, investor expectations, and broader 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
This spot rate represents the theoretical yield of a zero-coupon corporate bond with a specific 68.5-year maturity, calculated using high-quality market corporate bond data. Economists and financial analysts use this rate to assess long-term corporate debt pricing and economic expectations.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that analyzes high-quality corporate bond market data across multiple maturities.
Historical Context
This indicator is crucial for long-term economic forecasting, corporate financial planning, and understanding market expectations for corporate debt and economic conditions.
Key Facts
- Represents a 68.5-year corporate bond yield benchmark
- Provides insight into long-term corporate borrowing costs
- Calculated using high-quality market corporate bond data
FAQs
Q: What does the 68.5-Year HQM Corporate Bond Spot Rate indicate?
A: It shows the theoretical yield for a zero-coupon corporate bond with a 68.5-year maturity, reflecting long-term corporate borrowing costs and market expectations.
Q: How is this rate different from other bond yield measurements?
A: Unlike standard bond rates, this spot rate focuses on a very long-term, zero-coupon corporate bond, providing a unique perspective on extended market conditions.
Q: Who uses this specific spot rate?
A: Financial analysts, economists, corporate financial planners, and investors use this rate to assess long-term economic trends and corporate financing costs.
Q: How does this rate impact corporate decision-making?
A: Companies use this rate to understand long-term borrowing costs, which influences strategic financial planning, investment decisions, and capital allocation.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data periodically, with the exact frequency depending on market conditions and data collection processes.
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Citation
U.S. Federal Reserve, 68.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB68Y6M], retrieved from FRED.
Last Checked: 8/1/2025