Here's the last nearly 40 years worth of that curve, with recessions marked for convenience: https://fred.stlouisfed.org/series/T10Y3M https://fred.stlouisfed.o

Here's the last nearly 40 years worth of that curve, with recessions marked for convenience: https://fred.stlouisfed.org/series/T10Y3M https://fred.stlouisfed.org/series/T10Y3M (use the range selector below the graph to see everything)