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Historical Year Data · 2003

2-Year Note Auction Bid-to-Cover in 2003

2-Year Note Auction Bid-to-Cover opened 2003 at 1.48 and closed at 2.15, a +45.27% move for the year. The high of 2.2 was reached on September 24, and the low of 1.48 on January 29.

Open
1.48
2003-01
Close
2.15
12 data points
High
2.2
Sep 24
Low
1.48
Jan 29
Full Year Change
+45.27%
2002 Change
+22.73%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan1.481.481.481.48+0.00%
Feb2222+0.00%
Mar1.841.841.841.84+0.00%
Apr2.162.162.162.16+0.00%
May1.771.771.771.77+0.00%
Jun1.841.841.841.84+0.00%
Jul1.81.81.81.8+0.00%
Aug1.731.731.731.73+0.00%
Sep2.22.22.22.2+0.00%
Oct2.122.122.122.12+0.00%
Nov1.751.751.751.75+0.00%
Dec2.152.152.152.15+0.00%

Events During 2003

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.

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Related Metrics

2-Year Note Indirect Bidder Share
2003
2-Year Note Direct Bidder Share
2003
2-Year Note Primary Dealer Share
2003
2-Year Note Auction High Yield
2003
5-Year Note Auction Bid-to-Cover
2003
5-Year Note Indirect Bidder Share
2003

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