87-Year High Quality Market (HQM) Corporate Bond Spot Rate
This dataset tracks 87-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 87-Year High Quality Market (HQM) Corporate Bond Spot Rate represents a comprehensive measure of long-term corporate bond yields across high-quality issuers. This metric provides critical insights into corporate borrowing costs and broader economic expectations for extended investment horizons.
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 yield curves for top-rated corporate bonds with an 87-year maturity, offering economists a sophisticated view of long-term corporate debt markets. Analysts use this rate to assess corporate financing conditions, investor risk perceptions, and potential economic growth trajectories.
Methodology
The rate is calculated using a complex yield curve estimation methodology that considers multiple high-quality corporate bond issues across different credit ratings and maturities.
Historical Context
Policymakers and institutional investors utilize this rate for long-term economic forecasting, strategic asset allocation, and understanding potential shifts in corporate investment landscapes.
Key Facts
- Represents yields for high-quality corporate bonds with an 87-year maturity
- Provides insights into long-term corporate borrowing costs
- Used by economists and institutional investors for strategic planning
FAQs
Q: What makes this rate unique compared to other bond yield measures?
A: The 87-year maturity provides an exceptionally long-term perspective on corporate bond markets, offering rare insights into extended economic expectations.
Q: How do changes in this rate impact corporate financing?
A: Fluctuations can signal shifts in investor risk perception and potentially influence corporate borrowing strategies and investment decisions.
Q: Who primarily uses the HQMCB87YR data?
A: Institutional investors, economic researchers, central bank analysts, and corporate financial strategists rely on this data for long-term economic planning.
Q: How frequently is this rate updated?
A: The rate is typically updated periodically by the Federal Reserve, reflecting current market conditions and corporate bond performance.
Q: What are the limitations of this economic indicator?
A: The extremely long maturity means the rate can be influenced by speculative long-term economic projections and may not always reflect immediate market conditions.
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Citation
U.S. Federal Reserve, 87-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB87YR], retrieved from FRED.
Last Checked: 8/1/2025