Historical Year Data · 2016
HY Effective Yield in 2016
HY Effective Yield opened 2016 at 8.88% and closed at 6.19%, a -30.29% move for the year. The high of 10.07% was reached on February 11, and the low of 5.98% on October 24.
Open
8.88%
2016-01
Close
6.19%
262 data points
High
10.07%
Feb 11
Low
5.98%
Oct 24
Full Year Change
-30.29%
2015 Change
+30.36%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 8.88% | 9.19% | 9.76% | 8.81% | +3.49% |
| Feb | 9.25% | 9.08% | 10.07% | 9.08% | -1.84% |
| Mar | 8.89% | 8.37% | 8.89% | 8.12% | -5.85% |
| Apr | 8.38% | 7.58% | 8.42% | 7.56% | -9.55% |
| May | 7.57% | 7.40% | 7.82% | 7.40% | -2.25% |
| Jun | 7.46% | 7.32% | 7.64% | 7.14% | -1.88% |
| Jul | 7.22% | 6.83% | 7.22% | 6.62% | -5.40% |
| Aug | 6.85% | 6.37% | 6.91% | 6.33% | -7.01% |
| Sep | 6.40% | 6.24% | 6.60% | 6.24% | -2.50% |
| Oct | 6.23% | 6.34% | 6.34% | 5.98% | +1.77% |
| Nov | 6.46% | 6.58% | 6.86% | 6.42% | +1.86% |
| Dec | 6.59% | 6.19% | 6.59% | 6.16% | -6.07% |
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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