Historical Year Data · 2016
10Y-2Y Yield Spread in 2016
10Y-2Y Yield Spread opened 2016 at 122 bps and closed at 125 bps, a +2.46% move for the year. The high of 134 bps was reached on December 12, and the low of 76 bps on July 8.
Open
122 bps
2016-01
Close
125 bps
250 data points
High
134 bps
Dec 12
Low
76 bps
Jul 8
Full Year Change
+2.46%
2015 Change
-17.12%
Monthly Breakdown
| Month | Open | Close | High | Low | Change |
|---|---|---|---|---|---|
| Jan | 122 bps | 118 bps | 123 bps | 115 bps | -3.28% |
| Feb | 116 bps | 96 bps | 117 bps | 96 bps | -17.24% |
| Mar | 98 bps | 105 bps | 107 bps | 95 bps | +7.14% |
| Apr | 103 bps | 106 bps | 108 bps | 100 bps | +2.91% |
| May | 108 bps | 97 bps | 108 bps | 93 bps | -10.19% |
| Jun | 94 bps | 91 bps | 96 bps | 85 bps | -3.19% |
| Jul | 87 bps | 79 bps | 91 bps | 76 bps | -9.20% |
| Aug | 84 bps | 78 bps | 88 bps | 76 bps | -7.14% |
| Sep | 79 bps | 83 bps | 97 bps | 79 bps | +5.06% |
| Oct | 83 bps | 98 bps | 100 bps | 83 bps | +18.07% |
| Nov | 100 bps | 126 bps | 127 bps | 99 bps | +26.00% |
| Dec | 131 bps | 125 bps | 134 bps | 124 bps | -4.58% |
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.
Related Metrics
Get historical context as markets unfold, regime classification, scenario triggers, and analysis in your inbox.