6-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB6YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.65
Year-over-Year Change
-3.33%
Date Range
1/1/1984 - 7/1/2025
Summary
The 6-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield of high-quality corporate bonds with a 6-year maturity. This metric provides critical insights into corporate borrowing costs and overall market credit 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 benchmark for corporate debt pricing across different credit qualities and 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 considers multiple high-quality corporate bond yields and adjusts for market variations.
Historical Context
This rate is crucial for monetary policy analysis, corporate investment decisions, and understanding broader credit market dynamics.
Key Facts
- Represents 6-year corporate bond yields for high-quality issuers
- Provides a standardized measure of corporate borrowing costs
- Reflects broader economic and credit market conditions
FAQs
Q: What makes a corporate bond 'high quality'?
A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically from AAA to BBB grade.
Q: How often is the HQMCB6YR rate updated?
A: The rate is typically updated daily by the Federal Reserve, reflecting current market conditions and bond yields.
Q: Why do investors track the 6-year corporate bond spot rate?
A: Investors use this rate to assess potential returns, compare investment opportunities, and understand corporate borrowing costs.
Q: How does this rate relate to overall economic health?
A: The rate can indicate economic expectations, with lower rates suggesting economic uncertainty and higher rates reflecting market confidence.
Q: What are the limitations of this rate?
A: The rate represents a specific market segment and should be considered alongside other economic indicators for comprehensive analysis.
Related Trends
97-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB97YR
62.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB62Y6M
ICE BofA US Corporate Index Effective Yield
BAMLC0A0CMEY
ICE BofA 3-5 Year US Corporate Index Option-Adjusted Spread
BAMLC2A0C35Y
60.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB60Y6M
65-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB65YR
Citation
U.S. Federal Reserve, 6-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB6YR], retrieved from FRED.
Last Checked: 8/1/2025