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Historical Year Data · 2014

Primary Dealer Fails to Deliver — Treasuries in 2014

Primary Dealer Fails to Deliver — Treasuries opened 2014 at 52,540 and closed at 68,690, a +30.74% move for the year. The high of 197,594 was reached on June 18, and the low of 37,530 on February 12.

Open
52,540
2014-01
Close
68,690
53 data points
High
197,594
Jun 18
Low
37,530
Feb 12
Full Year Change
+30.74%
2013 Change
+20.07%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan52,54063,29563,29538,100+20.47%
Feb49,73342,45249,73337,530-14.64%
Mar43,37693,84293,84237,652+116.35%
Apr60,96450,11362,07550,113-17.80%
May42,35948,20348,20342,359+13.80%
Jun65,962156,570197,59465,962+137.36%
Jul99,039152,987152,98746,418+54.47%
Aug128,99349,541128,99349,541-61.59%
Sep122,072143,517143,51757,292+17.57%
Oct102,19751,453113,81351,453-49.65%
Nov49,75150,70667,88049,751+1.92%
Dec45,73368,690115,89945,733+50.20%

Events During 2014

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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Related Metrics

Primary Dealer Net Positions — US Treasuries
2014
Primary Dealer Net Positions — Agency MBS
2014
Primary Dealer Net Positions — Agency Debt
2014
Primary Dealer Net Positions — Corporate Bonds
2014
Primary Dealer Fails to Receive — Treasuries
2014
Primary Dealer Total Treasury Fails (Deliver + Receive)
2014

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