74.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB74Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
11.31%
Date Range
1/1/1984 - 7/1/2025
Summary
The 74.5-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 metric provides crucial insights into corporate borrowing costs and broader market expectations for long-term corporate debt.
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 indicator that tracks the theoretical yield curve for high-quality corporate bonds with extended maturities. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a complex methodology that considers multiple high-quality corporate bond yields across different maturities and credit ratings.
Historical Context
This spot rate is utilized by policymakers, investors, and financial institutions to evaluate long-term corporate credit conditions and make strategic investment and lending decisions.
Key Facts
- Represents a comprehensive view of high-quality corporate bond yields
- Provides insights into long-term corporate borrowing costs
- Serves as a critical benchmark for financial market analysis
FAQs
Q: What makes this a 'High Quality Market' rate?
A: The rate specifically tracks bonds from corporations with strong credit ratings and financial stability. It excludes lower-quality or high-risk corporate debt instruments.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate periodically, reflecting current market conditions and corporate bond performance.
Q: Why is a 74.5-year spot rate significant?
A: The extended 74.5-year timeframe provides an exceptionally long-term perspective on corporate borrowing costs and market expectations.
Q: How do investors use this rate?
A: Investors analyze this rate to assess potential long-term corporate bond investments and understand broader market credit conditions.
Q: What are the limitations of this rate?
A: The rate represents a theoretical construct and may not perfectly reflect actual market transactions for every corporate bond.
Related Trends
2.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB2Y6M
75.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB75Y6M
98.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB98Y6M
41-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB41YR
ICE BofA 15+ Year US Corporate Index Semi-Annual Yield to Worst
BAMLC8A0C15PYSYTW
73-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB73YR
Citation
U.S. Federal Reserve, 74.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB74Y6M], retrieved from FRED.
Last Checked: 8/1/2025