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Historical Year Data · 2014

Primary Dealer Net Positions — Agency Debt in 2014

Primary Dealer Net Positions — Agency Debt opened 2014 at 20,459 and closed at 22,212, a +8.57% move for the year. The high of 47,516 was reached on June 11, and the low of 18,759 on February 26.

Open
20,459
2014-01
Close
22,212
53 data points
High
47,516
Jun 11
Low
18,759
Feb 26
Full Year Change
+8.57%
2013 Change
-45.21%

Monthly Breakdown

MonthOpenCloseHighLowChange
Jan20,45927,81528,83220,459+35.95%
Feb29,67118,75929,67118,759-36.78%
Mar29,04327,24733,40027,247-6.18%
Apr33,88629,80038,35629,800-12.06%
May34,88040,56540,56534,880+16.30%
Jun40,40437,03347,51637,033-8.34%
Jul34,19735,97144,80034,197+5.19%
Aug38,81926,68738,81926,687-31.25%
Sep29,53028,01730,96228,017-5.12%
Oct33,69132,30445,65432,304-4.12%
Nov34,72332,86738,28632,681-5.35%
Dec30,91622,21235,32822,212-28.15%

Events During 2014

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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Related Metrics

Primary Dealer Net Positions — US Treasuries
2014
Primary Dealer Net Positions — Agency MBS
2014
Primary Dealer Net Positions — Corporate Bonds
2014
Primary Dealer Fails to Deliver — Treasuries
2014
Primary Dealer Fails to Receive — Treasuries
2014
Primary Dealer Total Treasury Fails (Deliver + Receive)
2014

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