8-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB8YR • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.95
Year-over-Year Change
-0.40%
Date Range
1/1/1984 - 7/1/2025
Summary
The 8-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks the yield of high-quality corporate bonds with an 8-year maturity. 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 represents a benchmark for corporate debt pricing across different credit qualities and maturities. Economists and financial analysts use this rate to assess corporate credit markets, investment attractiveness, and potential economic trends.
Methodology
The rate is calculated by the Federal Reserve using a comprehensive methodology that considers multiple high-quality corporate bond yields and adjusts for market variations.
Historical Context
This rate is crucial for monetary policy analysis, corporate investment decisions, and understanding broader economic credit market dynamics.
Key Facts
- Represents 8-year corporate bond yields for high-quality issuers
- Used as a critical benchmark for corporate borrowing costs
- Reflects broader market credit conditions and investor sentiment
FAQs
Q: What makes this a 'High Quality Market' rate?
A: The HQM rate focuses on bonds from corporations with strong credit ratings and financial stability. It excludes lower-quality or high-risk corporate debt.
Q: How often is this rate updated?
A: The Federal Reserve typically updates this rate regularly, reflecting current market conditions and corporate bond market dynamics.
Q: Why is the 8-year maturity significant?
A: The 8-year timeframe provides a medium-term view of corporate borrowing costs, balancing short-term fluctuations and long-term economic trends.
Q: How do investors use this rate?
A: Investors analyze this rate to assess corporate bond attractiveness, compare investment opportunities, and gauge overall market credit conditions.
Q: What are the limitations of this rate?
A: The rate represents a specific market segment and may not fully capture all corporate bond market nuances or individual company variations.
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Citation
U.S. Federal Reserve, 8-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB8YR], retrieved from FRED.
Last Checked: 8/1/2025