Historical Year Data · 2023
Convex Net Liquidity Index in 2023
Convex Net Liquidity Index opened 2023 at $5.57T and closed at $5.96T, a +7.06% move for the year. The high of $6.40T was reached on December 15, and the low of $5.57T on January 1.
Open
$5.57T
2023-01
Close
$5.96T
365 data points
High
$6.40T
Dec 15
Low
$5.57T
Jan 1
Full Year Change
+7.06%
2022 Change
-16.13%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | $5.57T | $5.92T | $6.10T | $5.57T | +6.24% |
| Feb | $5.84T | $5.72T | $5.90T | $5.72T | -2.03% |
| Mar | $5.82T | $6.15T | $6.35T | $5.77T | +5.54% |
| Apr | $6.15T | $5.95T | $6.30T | $5.95T | -3.28% |
| May | $6.03T | $6.08T | $6.18T | $5.98T | +0.84% |
| Jun | $6.18T | $5.92T | $6.30T | $5.92T | -4.22% |
| Jul | $5.92T | $5.88T | $6.11T | $5.88T | -0.63% |
| Aug | $5.96T | $6.00T | $6.04T | $5.88T | +0.65% |
| Sep | $6.08T | $5.76T | $6.18T | $5.76T | -5.15% |
| Oct | $5.76T | $5.94T | $6.16T | $5.76T | +2.99% |
| Nov | $5.97T | $6.17T | $6.24T | $5.97T | +3.39% |
| Dec | $6.29T | $5.96T | $6.40T | $5.96T | -5.18% |
Events During 2023
2023 Silicon Valley Bank Collapse
Mixed
March 2023
Silicon Valley Bank collapsed on March 10, 2023, the second-largest bank failure in US history. The Fed's response redefined liquidity backstops for the banking system.
2023 Credit Suisse Forced Merger
Mixed
March 15-19, 2023
Credit Suisse was forced into an emergency acquisition by UBS over the weekend of March 18-19, 2023. The deal wiped out AT1 bondholders while preserving some equity, reshaping bank capital structure risk assessment globally.
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