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> When the yield between the 10-year and 2-year US treasury inverts, a recession is months away. If by "months" you mean nearly two years. "The last inversion
by adventured 7y ago
> When the yield between the 10-year and 2-year US treasury inverts, a recession is months away.
If by "months" you mean nearly two years.
"The last inversion of this part of the yield curve was in December 2005, two years before a recession brought on by the financial crisis hit."
"A recession occurs, on average, 22 months following such an inversion, according to Credit Suisse."
https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flattest-level-since-2007-amid-risk-off-sentiment.html https://www.cnbc.com/2019/08/13/us-bonds-yield-curve-at-flat...