https://fred.stlouisfed.org/collection/T10Y3M
Often it is one of the best indicator of upcoming recession,6-12months after its inverted,that may put recession round Q2-This fall 2023.
In final 25 years it was inverted 2 instances. 2000 dotcom and 2008 monetary disaster.Few months later we had recession and market backside in mid of recession.
It was additionally inverted in late 2019 and in march 2020 we had huge crash(partially was beacuse of covid however we additionally printed our approach out of this).
Your opinion?
