Historical Year Data · 2016
6-Month Bill Auction Bid-to-Cover in 2016
6-Month Bill Auction Bid-to-Cover opened 2016 at 3.96 and closed at 3.83, a -3.28% move for the year. The high of 4.27 was reached on November 28, and the low of 3.07 on July 11.
Open
3.96
2016-01
Close
3.83
52 data points
High
4.27
Nov 28
Low
3.07
Jul 11
Full Year Change
-3.28%
2015 Change
-9.19%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 3.96 | 3.39 | 4.19 | 3.39 | -14.39% |
| Feb | 3.86 | 3.46 | 3.86 | 3.43 | -10.36% |
| Mar | 3.84 | 3.58 | 3.84 | 3.19 | -6.77% |
| Apr | 4.1 | 3.76 | 4.1 | 3.76 | -8.29% |
| May | 3.89 | 3.62 | 4.26 | 3.62 | -6.94% |
| Jun | 3.39 | 3.72 | 4.15 | 3.39 | +9.73% |
| Jul | 3.67 | 3.84 | 3.84 | 3.07 | +4.63% |
| Aug | 3.5 | 3.8 | 3.82 | 3.23 | +8.57% |
| Sep | 3.27 | 3.65 | 3.65 | 3.27 | +11.62% |
| Oct | 3.58 | 3.48 | 3.58 | 3.3 | -2.79% |
| Nov | 3.41 | 4.27 | 4.27 | 3.13 | +25.22% |
| Dec | 3.72 | 3.83 | 3.83 | 3.35 | +2.96% |
Events During 2016
2016 Brexit Vote
Goldilocks
June 23–24, 2016
The UK voted to leave the European Union on June 23, 2016. The pound fell 10% overnight, its largest single-day drop since floating in 1971.
2014-2016 Oil Price Collapse
Deflation
June 2014 – February 2016
Brent crude fell from $115 in June 2014 to $27 in January 2016, a 77% collapse. Shale oversupply and OPEC's refusal to cut production broke the commodity supercycle that had dominated markets since 2003.
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