The Corporate Bond Market report segments the industry into By Type Of Bonds (Investment-Grade Corporate Bond Funds, High-Yield Corporate Bond Funds, Sector-Specific Corporate Bond Funds), By Investor Type (Institutional Investors, Retail Investors), and By Geography (North America, Europe, Asia Pacific, South America, Middle East). Get historical data covering five years and forecasts for the next five years.

Over the past 15 years U.S. companies have tapped the bond market at a near‑record pace, issuing on average over *** trillion U.S. dollars worth of corporate bonds each year. The peak was reached in 2020 and 2021, when borrowing costs were at historic lows due to economic impact of the COVID-19 pandemic. Investment grade corporate bonds consistently represented the vast majority of corporate securities issuance. In 2024, for instance, investment grade corporate bonds accounted for more than ** percent of corporate securities issuance in the U.S.

Corp Bond: ADTV: ATS: >= 5,000,000 < 10,000,000 data was reported at 564.180 USD mn in Mar 2025. This records an increase from the previous number of 325.479 USD mn for Dec 2024. Corp Bond: ADTV: ATS: >= 5,000,000 < 10,000,000 data is updated quarterly, averaging 281.264 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 581.719 USD mn in Mar 2021 and a record low of 159.103 USD mn in Jun 2019. Corp Bond: ADTV: ATS: >= 5,000,000 < 10,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

United States - 10-Year High Quality Market (HQM) Corporate Bond Par Yield was 4.97% in August of 2025, according to the United States Federal Reserve. Historically, United States - 10-Year High Quality Market (HQM) Corporate Bond Par Yield reached a record high of 13.77 in June of 1984 and a record low of 1.93 in August of 2020. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - 10-Year High Quality Market (HQM) Corporate Bond Par Yield - last updated from the United States Federal Reserve on November of 2025.

Graph and download economic data for 9-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB9YR) from Jan 1984 to Oct 2025 about 9-year, bonds, corporate, interest rate, interest, rate, and USA.

In 2023, the financial services sector accounted for half of the total value of corporate bonds issued in the United States. The second sector in the ranking in terms of corporate bonds issued was energy and power, accounting for **** percent of total issuance in the U.S. in 2023.

Corporate Bond Market Outlook

According to our latest research, the global corporate bond market size reached USD 13.2 trillion in 2024, reflecting the robust appetite for fixed-income securities among investors worldwide. The market is projected to grow at a CAGR of 6.1% from 2025 to 2033, reaching a forecasted value of USD 22.4 trillion by 2033. This growth trajectory is underpinned by increasing corporate financing needs, persistent low interest rate environments in key economies, and the ongoing diversification strategies of institutional investors seeking stable returns and risk mitigation.

One of the primary growth drivers for the corporate bond market is the rising demand for alternative investment vehicles among institutional investors. Pension funds, insurance companies, and sovereign wealth funds are increasingly allocating larger portions of their portfolios to corporate bonds, attracted by the relatively higher yields compared to government securities. In addition, the growing sophistication of credit risk assessment tools and enhanced market transparency have made corporate bonds more accessible and attractive to a broader range of investors. The expansion of emerging markets, where corporations are turning to bonds as a means of raising capital for expansion and innovation, is also contributing significantly to the overall market growth.

Another critical factor fueling the growth of the corporate bond market is the evolving regulatory landscape. Regulatory reforms, such as Basel III and Solvency II, have encouraged financial institutions to maintain higher capital buffers, prompting them to invest in liquid and high-quality assets like investment-grade corporate bonds. Moreover, the proliferation of sustainable finance initiatives has led to a surge in the issuance of green and social bonds by corporations aiming to align with environmental, social, and governance (ESG) criteria. This trend is not only expanding the market but also attracting a new class of investors focused on responsible investing.

Technological advancements are also playing a pivotal role in the transformation of the corporate bond market. The adoption of electronic trading platforms, blockchain-based settlement systems, and advanced data analytics has streamlined the issuance, trading, and settlement processes. These innovations have enhanced market liquidity, reduced transaction costs, and increased transparency, making corporate bonds more accessible to both institutional and retail investors. Furthermore, the rise of online platforms and fintech solutions is democratizing access to corporate bonds, enabling a broader investor base to participate in this dynamic market.

From a regional perspective, North America continues to dominate the corporate bond market owing to the presence of mature capital markets, a large base of institutional investors, and a favorable regulatory environment. However, Asia Pacific is rapidly emerging as a key growth engine, driven by economic expansion, financial market liberalization, and increasing corporate bond issuances in countries like China, Japan, and India. Europe also remains a significant market, supported by robust investor demand and the widespread adoption of ESG principles. Meanwhile, Latin America and the Middle East & Africa are witnessing gradual growth, fueled by infrastructure development and efforts to deepen local capital markets.

Type Analysis

The corporate bond market can be broadly segmented by type into investment grade and high yield bonds. Investment grade bonds, which are issued by corporations with strong credit ratings, constitute the largest segment due to their lower risk profile and stable returns. These bonds are particularly favored by risk-averse investors such as pension funds, insurance companies, and central banks. The demand for investment grade bonds has been further bolstered by regulatory requirements mandating higher allocations to high-quality assets, as well as the growing emphasis on

Graph and download economic data for 10-Year High Quality Market (HQM) Corporate Bond Par Yield (HQMCB10YRP) from Jan 1984 to Oct 2025 about 10-year, bonds, yield, corporate, interest rate, interest, rate, and USA.

This statistic presents the average daily trading volume of corporate debt market of the United States from 2005 to 2018. In 2018, the average daily trading volume of the corporate debt market of the United States was 31.2 billion U.S. dollars.

The Global Bond Market is Segmented by Type (Treasury Bonds, Municipal Bonds, Corporate Bonds, High-Yield Bonds, Mortgage-Backed Securities, and More), by Issuer (Public Sector Issuers, Private Sector Issuers), by Sectors (Energy and Utilities, Technology, Media and Telecom, Healthcare, Consumers, Industrial, Real Estate and More), and Region. The Market Forecasts are Provided in Terms of Value (USD).

United States Corp Bond: ADTV: IG: AAA: >= 5,000,000 < 10,000,000 data was reported at 96.794 USD mn in Mar 2025. This records an increase from the previous number of 50.816 USD mn for Dec 2024. United States Corp Bond: ADTV: IG: AAA: >= 5,000,000 < 10,000,000 data is updated quarterly, averaging 52.071 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 96.794 USD mn in Mar 2025 and a record low of 40.156 USD mn in Sep 2023. United States Corp Bond: ADTV: IG: AAA: >= 5,000,000 < 10,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

United States Corp Bond: ADTV: ATS: >= 25,000,000 data was reported at 7.035 USD mn in Mar 2025. This records a decrease from the previous number of 8.098 USD mn for Dec 2024. United States Corp Bond: ADTV: ATS: >= 25,000,000 data is updated quarterly, averaging 10.892 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 115.885 USD mn in Jun 2021 and a record low of 2.594 USD mn in Sep 2023. United States Corp Bond: ADTV: ATS: >= 25,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

United States Corp Bond: ADTV: IG: AA: >= 10,000,000 < 25,000,000 data was reported at 426.332 USD mn in Mar 2025. This records an increase from the previous number of 359.666 USD mn for Dec 2024. United States Corp Bond: ADTV: IG: AA: >= 10,000,000 < 25,000,000 data is updated quarterly, averaging 347.712 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 554.843 USD mn in Jun 2020 and a record low of 216.862 USD mn in Sep 2023. United States Corp Bond: ADTV: IG: AA: >= 10,000,000 < 25,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

United States Corp Bond: ADTV: ATS: >= 10,000,000 < 25,000,000 data was reported at 133.183 USD mn in Mar 2025. This records an increase from the previous number of 64.845 USD mn for Dec 2024. United States Corp Bond: ADTV: ATS: >= 10,000,000 < 25,000,000 data is updated quarterly, averaging 75.732 USD mn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 534.703 USD mn in Mar 2021 and a record low of 48.094 USD mn in Sep 2022. United States Corp Bond: ADTV: ATS: >= 10,000,000 < 25,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

Comprehensive corporate bond index aa data with real-time values, historical trends, charts, and economic analysis. Track corporate bond index aa indicators for informed investment decisions.

United States Corp Bond: ADTV: IG: A: >= 5,000,000 < 10,000,000 data was reported at 3.093 USD bn in Mar 2025. This records an increase from the previous number of 2.258 USD bn for Dec 2024. United States Corp Bond: ADTV: IG: A: >= 5,000,000 < 10,000,000 data is updated quarterly, averaging 1.886 USD bn from Jun 2019 (Median) to Mar 2025, with 24 observations. The data reached an all-time high of 3.123 USD bn in Mar 2024 and a record low of 1.279 USD bn in Dec 2019. United States Corp Bond: ADTV: IG: A: >= 5,000,000 < 10,000,000 data remains active status in CEIC and is reported by Financial Industry Regulatory Authority, Inc.. The data is categorized under Global Database’s United States – Table US.Z: US Corporate Bond Average Daily Trading Volume: Investment Grade.

Graph and download economic data for 95-Year High Quality Market (HQM) Corporate Bond Spot Rate (HQMCB95YR) from Jan 1984 to Oct 2025 about bonds, corporate, interest rate, interest, rate, and USA.

As of early May 2025, the leading issuers of corporate bonds exchange-traded funds (ETFs) in the United States were BlackRock and Vanguard, both managing assets worth over 100 billion U.S. dollars. Third in the ranking came JP Morgan Chase, with assets under management (AuM) reaching 31 billion U.S. dollars

View monthly updates and historical trends for Indonesia Gross Sales of Long-Term US Corporate Bonds. from United States. Source: Department of the Treasu…

Corporate Bonds Market Outlook

According to our latest research, the global corporate bonds market size reached USD 13.7 trillion in 2024, reflecting robust investor activity and heightened corporate financing needs. The market is projected to expand at a CAGR of 7.2% from 2025 to 2033, reaching an estimated USD 25.7 trillion by 2033. This growth trajectory is primarily driven by the increasing demand for diversified investment portfolios, rising corporate capital requirements, and favorable regulatory frameworks supporting bond issuance worldwide.

One of the most significant growth factors shaping the corporate bonds market is the persistent low-interest-rate environment witnessed across major economies. Central banks in North America, Europe, and Asia Pacific have maintained accommodative monetary policies to stimulate economic growth, making traditional savings less attractive. This scenario has propelled both institutional and retail investors to seek higher-yielding alternatives, with corporate bonds emerging as a preferred choice due to their relatively stable returns and risk-adjusted performance. Moreover, corporations are leveraging this environment to access cheaper financing, further fueling bond issuance volumes and market expansion.

Another critical driver is the evolving regulatory landscape that promotes transparency and investor protection within the corporate bonds market. Regulatory bodies such as the U.S. Securities and Exchange Commission (SEC), the European Securities and Markets Authority (ESMA), and counterparts in Asia Pacific have introduced measures to enhance market liquidity, streamline disclosure requirements, and strengthen investor confidence. These regulatory advancements not only attract a broader base of institutional investors—such as pension funds, insurance companies, and mutual funds—but also encourage greater participation from retail investors, thereby deepening market penetration and accelerating growth.

Technological innovation and digital transformation are also playing pivotal roles in reshaping the corporate bonds market. The proliferation of online trading platforms, blockchain-based settlement systems, and advanced analytics tools has improved market accessibility, reduced transaction costs, and increased operational efficiency. These advancements enable issuers to reach a wider investor base and allow investors to access real-time market data, enhance due diligence, and execute trades seamlessly. As a result, technology-driven efficiencies are expected to sustain the upward momentum in the corporate bonds market over the coming years.

From a regional perspective, North America remains the dominant force in the corporate bonds market, accounting for the largest share of global issuance and trading activity. However, Asia Pacific is rapidly emerging as a high-growth region, buoyed by robust economic expansion, financial market liberalization, and increasing corporate bond issuance from both established and emerging markets. Europe continues to exhibit steady growth, supported by regulatory harmonization and strong institutional demand, while Latin America and the Middle East & Africa are witnessing gradual market development driven by infrastructure investments and economic diversification efforts.

Investment Grade Bonds play a crucial role in the corporate bonds market, offering a reliable and stable investment option for risk-averse investors. These bonds are typically issued by corporations with strong credit ratings, ensuring a lower risk of default and providing consistent returns. The appeal of Investment Grade Bonds is particularly pronounced during periods of economic uncertainty, as they offer a safe haven for investors seeking to preserve capital while still achieving modest yields. Additionally, the regulatory environment often mandates institutional investors to hold a significant portion of their portfolios in high-quality assets, further bolstering the demand for Investment Grade Bonds. As the market continues to evolve, these bonds remain a cornerstone for conservative investment strategies, catering to the needs of pension funds, insurance companies, and other institutional entities.