Historical Year Data · 2006

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

2-Year Note Auction Bid-to-Cover opened 2006 at 2.11 and closed at 2.46, a +16.59% move for the year. The high of 3.02 was reached on November 28, and the low of 2.03 on July 26.

Open

2.11

2006-01

2.46

12 data points

High

3.02

Nov 28

Low

2.03

Jul 26

Full Year Change

+16.59%

2005 Change

+20.40%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.11	2.11	2.11	2.11	+0.00%
Feb	2.24	2.24	2.24	2.24	+0.00%
Mar	2.12	2.12	2.12	2.12	+0.00%
Apr	2.05	2.05	2.05	2.05	+0.00%
May	2.58	2.58	2.58	2.58	+0.00%
Jun	2.28	2.28	2.28	2.28	+0.00%
Jul	2.03	2.03	2.03	2.03	+0.00%
Aug	2.32	2.32	2.32	2.32	+0.00%
Sep	2.77	2.77	2.77	2.77	+0.00%
Oct	2.91	2.91	2.91	2.91	+0.00%
Nov	3.02	3.02	3.02	3.02	+0.00%
Dec	2.46	2.46	2.46	2.46	+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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