Historical Year Data · 2002

6-Month Bill Auction Bid-to-Cover in 2002

6-Month Bill Auction Bid-to-Cover opened 2002 at 1.94 and closed at 1.62, a -16.49% move for the year. The high of 2.84 was reached on March 25, and the low of 1.62 on December 30.

Open

1.94

2002-01

1.62

52 data points

High

2.84

Mar 25

Low

1.62

Dec 30

Full Year Change

-16.49%

2001 Change

-27.45%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	1.94	2.1	2.1	1.71	+8.25%
Feb	1.98	2.35	2.78	1.98	+18.69%
Mar	2.56	2.84	2.84	2.08	+10.94%
Apr	2.5	2.16	2.67	2.16	-13.60%
May	2.05	2	2.27	2	-2.44%
Jun	2.46	1.75	2.46	1.75	-28.86%
Jul	2.2	1.77	2.2	1.77	-19.55%
Aug	2.23	1.79	2.43	1.71	-19.73%
Sep	2.35	2.09	2.58	2.09	-11.06%
Oct	2.13	2.32	2.32	2.05	+8.92%
Nov	2.13	2.09	2.13	1.97	-1.88%
Dec	1.97	1.62	2.17	1.62	-17.77%

Events During 2002

1990 Japanese Bubble Collapse

Deflation

January 1990 – 2003

The Nikkei 225 peaked at 38,957 on December 29, 1989, then fell 82% over 13 years. Japan entered its "lost decades" of deflation, zero rates, and structural stagnation that still shapes global markets today.

1998 Euro Launch & 1999 Introduction

Goldilocks

May 1998 – January 2002

Eleven European Union members locked exchange rates on January 1, 1999, creating the euro as a virtual currency. Physical notes and coins circulated from January 1, 2002. The euro became the largest monetary experiment since Bretton Woods.

2000 Dotcom Crash

Deflation

March 2000 – October 2002

The Nasdaq Composite peaked at 5,048 on March 10, 2000 and fell 78% over 31 months. Internet companies went bankrupt en masse. The crash reshaped venture capital, corporate governance, and accounting standards.

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