88-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB88YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.33
Year-over-Year Change
11.44%
Date Range
1/1/1984 - 7/1/2025
Summary
The 88-Year High Quality Market Corporate Bond Spot Rate is a critical long-term benchmark that tracks the yield of high-quality corporate bonds over an extended 88-year period. This metric provides crucial insights into corporate borrowing costs and long-term investment expectations.
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
This rate represents a comprehensive measure of corporate bond yields across multiple quality tiers and maturity lengths, offering economists a nuanced view of corporate debt markets. It reflects the aggregate cost of corporate borrowing and serves as a key indicator of corporate financial health and market sentiment.
Methodology
The rate is calculated by the Federal Reserve using a sophisticated methodology that aggregates corporate bond yields across different credit qualities and maturities, weighted for market representation.
Historical Context
Policymakers and investors use this rate to assess long-term economic trends, corporate financial conditions, and potential shifts in investment strategies.
Key Facts
- Provides a comprehensive 88-year historical perspective on corporate bond yields
- Includes multiple credit quality tiers for comprehensive market analysis
- Serves as a critical benchmark for long-term corporate borrowing costs
FAQs
Q: What makes this 88-year corporate bond rate unique?
A: Its extensive historical coverage and comprehensive methodology provide unprecedented insights into long-term corporate debt market trends.
Q: How do investors use this rate?
A: Investors analyze this rate to assess corporate borrowing costs, evaluate investment opportunities, and understand broader economic trends.
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: What economic factors influence this rate?
A: Factors like inflation expectations, monetary policy, corporate financial health, and overall economic conditions significantly impact this rate.
Q: Are there limitations to this data series?
A: While comprehensive, the rate represents historical trends and should be considered alongside current market dynamics and specific sector variations.
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Citation
U.S. Federal Reserve, 88-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB88YR], retrieved from FRED.
Last Checked: 8/1/2025