90-Year High Quality Market (HQM) Corporate Bond Spot Rate

HQMCB90YR • 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 90-Year High Quality Market Corporate Bond Spot Rate tracks long-term corporate bond yields for high-quality debt instruments. This metric provides critical insight into corporate borrowing costs and overall market expectations for long-term interest rates.

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 across a 90-year maturity spectrum. 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 high-quality corporate bond yields across multiple maturities and market conditions.

Historical Context

This rate is crucial for monetary policy analysis, corporate financial planning, and understanding long-term investment strategies in fixed-income markets.

Key Facts

  • Represents yields for high-quality corporate bonds over a 90-year horizon
  • Provides insight into long-term corporate borrowing costs
  • Used by economists and investors for market analysis and investment decisions

FAQs

Q: What makes this a 'High Quality Market' rate?

A: The rate specifically tracks corporate bonds from issuers with strong credit ratings and financial stability. It excludes lower-quality or high-risk corporate debt instruments.

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: Why is a 90-year spot rate significant?

A: The extended 90-year horizon provides a comprehensive view of potential long-term economic trends and corporate financial expectations beyond typical shorter-term measurements.

Q: How do investors use this rate?

A: Investors analyze this rate to assess potential returns, evaluate corporate bond investments, and understand broader market expectations for long-term interest rates.

Q: What are the limitations of this metric?

A: While comprehensive, the rate represents historical data and market conditions, which may not perfectly predict future economic performance or individual corporate bond behaviors.

Related Trends

Citation

U.S. Federal Reserve, 90-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB90YR], retrieved from FRED.

Last Checked: 8/1/2025