98.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB98Y6M • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.34
Year-over-Year Change
11.62%
Date Range
1/1/1984 - 7/1/2025
Summary
The 98.5-Year High Quality Market (HQM) Corporate Bond Spot Rate tracks long-term corporate bond yields across high-quality credit instruments. This metric provides critical insights into corporate borrowing costs and 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, constructed to reflect the most current market pricing for high-quality debt instruments. Economists and financial analysts use this rate to assess corporate credit markets, investment opportunities, and broader economic trends.
Methodology
The rate is calculated using a comprehensive methodology that considers multiple high-quality corporate bond yields, weighted and adjusted to provide a precise representation of long-term corporate borrowing costs.
Historical Context
This trend is crucial for monetary policy analysis, investment strategy development, and understanding long-term corporate financing conditions.
Key Facts
- Represents yields for high-quality corporate bonds
- Provides insight into long-term corporate borrowing costs
- Used by economists and investors for market analysis
FAQs
Q: What makes this corporate bond rate 'high quality'?
A: High-quality corporate bonds are issued by financially stable companies with strong credit ratings, typically from AAA to A-rated corporations.
Q: How do changes in this rate impact corporate borrowing?
A: Fluctuations in the rate directly influence the cost of long-term corporate debt, affecting companies' financing strategies and investment decisions.
Q: How frequently is this data updated?
A: The HQM Corporate Bond Spot Rate is typically updated regularly by the Federal Reserve, reflecting current market conditions.
Q: Why do investors track this specific rate?
A: Investors use this rate to assess long-term corporate bond market trends, evaluate investment opportunities, and gauge overall economic health.
Q: What are the limitations of this rate?
A: The rate represents a snapshot of high-quality corporate bonds and may not fully capture the entire spectrum of corporate debt markets.
Related Trends
57-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB57YR
26.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB26Y6M
72-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB72YR
24-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB24YR
81.5-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB81Y6M
28-Year High Quality Market (HQM) Corporate Bond Spot Rate
HQMCB28YR
Citation
U.S. Federal Reserve, 98.5-Year High Quality Market (HQM) Corporate Bond Spot Rate [HQMCB98Y6M], retrieved from FRED.
Last Checked: 8/1/2025