Historical Year Data · 2022
IG Effective Yield in 2022
IG Effective Yield opened 2022 at 2.45% and closed at 5.49%, a +124.08% move for the year. The high of 6.14% was reached on October 20, and the low of 2.45% on January 3.
Open
2.45%
2022-01
Close
5.49%
261 data points
High
6.14%
Oct 20
Low
2.45%
Jan 3
Full Year Change
+124.08%
2021 Change
+31.28%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 2.45% | 2.78% | 2.78% | 2.45% | +13.47% |
| Feb | 2.78% | 3.11% | 3.21% | 2.75% | +11.87% |
| Mar | 3.02% | 3.59% | 3.78% | 3.02% | +18.87% |
| Apr | 3.64% | 4.27% | 4.27% | 3.64% | +17.31% |
| May | 4.36% | 4.23% | 4.43% | 4.15% | -2.98% |
| Jun | 4.29% | 4.68% | 4.96% | 4.28% | +9.09% |
| Jul | 4.63% | 4.36% | 4.76% | 4.34% | -5.83% |
| Aug | 4.33% | 4.82% | 4.82% | 4.33% | +11.32% |
| Sep | 4.95% | 5.72% | 5.75% | 4.87% | +15.56% |
| Oct | 5.58% | 5.98% | 6.14% | 5.51% | +7.17% |
| Nov | 5.96% | 5.39% | 6.09% | 5.39% | -9.56% |
| Dec | 5.23% | 5.49% | 5.50% | 5.14% | +4.97% |
Events During 2022
2022 Fed Rate Hiking Cycle
Stagflation
March–December 2022
The Fed raised rates 425bps in 2022, the fastest hiking cycle since the Volcker era. The 60/40 portfolio posted its worst year since 1937.
2022 UK Mini-Budget & Gilt Crisis
Stagflation
September 23 – October 14, 2022
UK Prime Minister Liz Truss's September 23, 2022 mini-budget triggered a collapse in sterling and gilts. LDI pension strategies faced forced liquidation. The Bank of England intervened to prevent financial instability.
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