88.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
This dataset tracks 88.5-year high quality market (hqm) corporate bond spot rate over time.
Latest Value
6.33
Year-over-Year Change
11.44%
Date Range
1/1/1984 - 7/1/2025
Summary
The 88.5-Year High Quality Market (HQM) Corporate Bond Spot Rate is a critical financial indicator that tracks long-term corporate bond yields across high-quality credit markets. This metric provides crucial insights into corporate borrowing costs and overall economic expectations for ultra-long-term debt instruments.
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 sophisticated measure of corporate bond yields that adjusts for credit quality and market conditions over an exceptionally long time horizon. Economists and financial analysts use this rate to understand long-term corporate financing trends and assess broader economic stability.
Methodology
The rate is calculated by the Federal Reserve using a complex methodology that considers multiple high-quality corporate bond characteristics and yield curves across different credit ratings.
Historical Context
This indicator is used by policymakers, investors, and economic researchers to evaluate long-term corporate financing costs and predict potential economic trends.
Key Facts
- Represents ultra-long-term corporate bond yields
- Adjusts for credit quality and market conditions
- Provides insights into corporate financing expectations
FAQs
Q: What makes this 88.5-year spot rate unique?
A: The extremely long time horizon provides unprecedented insights into ultra-long-term corporate financing expectations and economic trends.
Q: How do changes in this rate impact corporate borrowing?
A: Fluctuations can signal shifts in corporate financing costs and overall market confidence in long-term economic stability.
Q: Who primarily uses this economic indicator?
A: Financial analysts, corporate strategists, central bankers, and institutional investors rely on this data for strategic decision-making.
Q: How frequently is this data updated?
A: The Federal Reserve typically updates this indicator periodically, with precise frequency depending on market conditions and data collection cycles.
Q: What are potential limitations of this indicator?
A: While comprehensive, the rate represents a specific market segment and should be considered alongside other economic indicators for a holistic view.
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Citation
U.S. Federal Reserve, 88.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB88Y6M], retrieved from FRED.
Last Checked: 8/1/2025