Historical Year Data · 2006

10-Year Note Auction Bid-to-Cover in 2006

10-Year Note Auction Bid-to-Cover opened 2006 at 2.32 and closed at 2.48, a +6.90% move for the year. The high of 2.91 was reached on September 12, and the low of 2.21 on November 9.

Open

2.32

2006-01

2.48

8 data points

High

2.91

Sep 12

Low

2.21

Nov 9

Full Year Change

+6.90%

2005 Change

+6.83%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Feb	2.32	2.32	2.32	2.32	+0.00%
Mar	2.87	2.87	2.87	2.87	+0.00%
May	2.53	2.53	2.53	2.53	+0.00%
Jun	2.73	2.73	2.73	2.73	+0.00%
Aug	2.23	2.23	2.23	2.23	+0.00%
Sep	2.91	2.91	2.91	2.91	+0.00%
Nov	2.21	2.21	2.21	2.21	+0.00%
Dec	2.48	2.48	2.48	2.48	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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