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Daily Archives: January 30, 2024
Re-steepening of the yield curve signals rising unemployment and deepening bear markets
The US 10-2-year Treasury yield spread (via YCharts below) has moved from a deep inversion at 108 bps last July to -14 bps today. This process is known as re-steepening. Re-steepening of the yield curve (10 minus 3-year spread in … Continue reading
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