Historical Year Data · 2006

5-Year Note Auction Bid-to-Cover in 2006

5-Year Note Auction Bid-to-Cover opened 2006 at 2.1 and closed at 2.5, a +19.05% move for the year. The high of 3.11 was reached on August 30, and the low of 1.87 on April 27.

Open

2.1

2006-01

2.5

12 data points

High

3.11

Aug 30

Low

1.87

Apr 27

Full Year Change

+19.05%

2005 Change

+0.42%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.1	2.1	2.1	2.1	+0.00%
Feb	2.18	2.18	2.18	2.18	+0.00%
Mar	2.25	2.25	2.25	2.25	+0.00%
Apr	1.87	1.87	1.87	1.87	+0.00%
May	2.02	2.02	2.02	2.02	+0.00%
Jun	2.05	2.05	2.05	2.05	+0.00%
Jul	2.28	2.28	2.28	2.28	+0.00%
Aug	3.11	3.11	3.11	3.11	+0.00%
Sep	2.75	2.75	2.75	2.75	+0.00%
Oct	2.12	2.12	2.12	2.12	+0.00%
Nov	2.28	2.28	2.28	2.28	+0.00%
Dec	2.5	2.5	2.5	2.5	+0.00%

Events During 2006

2006 US Housing Market Peak

Goldilocks

June 2006 – February 2007

US home prices peaked in summer 2006 after a 106% rally from 2000. Subprime mortgage underwriting collapsed in late 2006, setting up the 2008 crisis. The peak is the canonical example of a market top visible only in retrospect.

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