Going Down? US Yield Curve Inverts To Positive After Longest Inversion Since Carter (Predictor Of Recession)

#bubble, #inflation, Banking, CMBS, CRE, Credit, Economy, Existing Home Sales, fannie mae, Fed, Freddie Mac, GDP, Gold, Housing, Inflation, Mortgage, Oil, Powell, REITs, Silver, SPX, Stocks, Treasuries, Treasury, Uncategorized, Volatility, Wages, Yellen, Yield Curve 1 Minute

Was Freddie King correct? Is the US economy going down??

The US Treasury yield curve (10Y-2Y) has inverted to the positive side after a prolonged NEGATIVE inversion (from July 6, 2022 to Sept 5, 2024) marking the longest period of negative inversion since August 18, 1978 – May 1, 1980. Each negative inversion was followed by a recession.

The UST 10Y-3M yield curve tells a similar tale. The 10Y-3M curve inverts prior to recessions but goes positive just prior to recessions.

Yes, if the yield curve is a good predictor of recession, the US economy is going down.

Freddie King is playing a Gibson ES-355TDC guitar.

Unknown's avatar

Published by confoundedinterest17

Published