Historical Year Data · 2022
Convex Net Liquidity Index in 2022
Convex Net Liquidity Index opened 2022 at $6.64T and closed at $5.57T, a -16.13% move for the year. The high of $7.05T was reached on January 4, and the low of $5.57T on December 30.
Open
$6.64T
2022-01
Close
$5.57T
365 data points
High
$7.05T
Jan 4
Low
$5.57T
Dec 30
Full Year Change
-16.13%
2021 Change
+15.24%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $6.64T | $6.59T | $7.05T | $6.59T | -0.76% |
| Feb | $6.66T | $6.63T | $6.66T | $6.49T | -0.41% |
| Mar | $6.68T | $6.49T | $6.77T | $6.49T | -2.80% |
| Apr | $6.70T | $6.09T | $6.71T | $6.09T | -9.08% |
| May | $6.09T | $6.11T | $6.20T | $6.01T | +0.43% |
| Jun | $6.16T | $5.83T | $6.16T | $5.83T | -5.41% |
| Jul | $5.99T | $5.99T | $6.10T | $5.99T | -0.05% |
| Aug | $6.13T | $5.96T | $6.16T | $5.96T | -2.66% |
| Sep | $6.04T | $5.68T | $6.06T | $5.68T | -5.97% |
| Oct | $5.68T | $5.81T | $5.98T | $5.68T | +2.34% |
| Nov | $5.89T | $5.96T | $6.11T | $5.84T | +1.17% |
| Dec | $6.02T | $5.57T | $6.10T | $5.57T | -7.53% |
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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