Historical Year Data · 2016
3-Month Bill Auction Bid-to-Cover in 2016
3-Month Bill Auction Bid-to-Cover opened 2016 at 3.56 and closed at 3.44, a -3.37% move for the year. The high of 4.02 was reached on April 18, and the low of 2.98 on July 11.
Open
3.56
2016-01
Close
3.44
52 data points
High
4.02
Apr 18
Low
2.98
Jul 11
Full Year Change
-3.37%
2015 Change
-12.29%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 3.56 | 3.31 | 3.74 | 3.31 | -7.02% |
| Feb | 3.44 | 3.26 | 3.44 | 3.18 | -5.23% |
| Mar | 3.47 | 3.81 | 3.81 | 3.41 | +9.80% |
| Apr | 3.97 | 3.66 | 4.02 | 3.66 | -7.81% |
| May | 3.8 | 3.35 | 3.8 | 3.34 | -11.84% |
| Jun | 3.54 | 3.42 | 3.61 | 3.42 | -3.39% |
| Jul | 3.39 | 3.34 | 3.39 | 2.98 | -1.47% |
| Aug | 3.33 | 3.3 | 3.42 | 3.2 | -0.90% |
| Sep | 3.3 | 3.42 | 3.42 | 3.23 | +3.64% |
| Oct | 3.37 | 3.3 | 3.48 | 3.18 | -2.08% |
| Nov | 3.29 | 3.84 | 3.84 | 3.13 | +16.72% |
| Dec | 3.64 | 3.44 | 3.71 | 3.19 | -5.49% |
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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