Historical Year Data · 2006

2Y Expected Inflation (Cleveland) in 2006

2Y Expected Inflation (Cleveland) opened 2006 at 2.43% and closed at 2.22%, a -8.72% move for the year. The high of 2.78% was reached on May 1, and the low of 2.16% on March 1.

Open

2.43%

2006-01

2.22%

12 data points

High

2.78%

May 1

Low

2.16%

Mar 1

Full Year Change

-8.72%

2005 Change

+32.08%

Monthly Breakdown

Month	Open	Close	High	Low	Change
Jan	2.43%	2.43%	2.43%	2.43%	+0.00%
Feb	2.52%	2.52%	2.52%	2.52%	+0.00%
Mar	2.16%	2.16%	2.16%	2.16%	+0.00%
Apr	2.67%	2.67%	2.67%	2.67%	+0.00%
May	2.78%	2.78%	2.78%	2.78%	+0.00%
Jun	2.72%	2.72%	2.72%	2.72%	+0.00%
Jul	2.77%	2.77%	2.77%	2.77%	+0.00%
Aug	2.76%	2.76%	2.76%	2.76%	+0.00%
Sep	2.62%	2.62%	2.62%	2.62%	+0.00%
Oct	2.47%	2.47%	2.47%	2.47%	+0.00%
Nov	2.19%	2.19%	2.19%	2.19%	+0.00%
Dec	2.22%	2.22%	2.22%	2.22%	+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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