86-Year High Quality Market (HQM) Corporate Bond Spot Rate
This dataset tracks 86-year high quality market (hqm) corporate bond spot rate over time.
Latest Value
6.32
Year-over-Year Change
11.27%
Date Range
1/1/1984 - 7/1/2025
Summary
The 86-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a long-term benchmark for high-quality corporate bond yields across an extended time horizon. 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 tracks the theoretical yield curve for high-quality corporate bonds with an exceptionally long 86-year maturity. Economists and financial analysts use this rate to understand long-term corporate credit market expectations and potential structural economic trends.
Methodology
The rate is calculated using a sophisticated yield curve estimation methodology that interpolates corporate bond pricing across multiple maturities and quality tiers.
Historical Context
This rate is utilized by central banks, institutional investors, and economic policymakers to assess long-term credit market dynamics and potential structural economic shifts.
Key Facts
- Represents an ultra-long-term corporate bond yield benchmark
- Provides insights into extended credit market expectations
- Used by sophisticated financial analysts and institutional investors
FAQs
Q: What makes the 86-year HQM Corporate Bond Spot Rate unique?
A: Its exceptionally long maturity provides a rare perspective on ultra-long-term corporate credit market expectations and potential structural economic trends.
Q: How do investors use this rate?
A: Institutional investors and financial analysts use this rate to assess long-term borrowing costs and make strategic investment decisions in corporate debt markets.
Q: How is the rate calculated?
A: The rate is derived through advanced yield curve interpolation techniques that analyze corporate bond pricing across multiple maturities and quality levels.
Q: What economic insights can be gained from this rate?
A: The rate offers critical signals about long-term market expectations, potential inflationary trends, and overall corporate credit market health.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this data periodically, with precise update frequencies depending on market conditions and data collection processes.
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Citation
U.S. Federal Reserve, 86-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB86YR], retrieved from FRED.
Last Checked: 8/1/2025