Mish Talk, Released on 11/17/22
Spreads between 3-month T-Bills and long-dated notes and bonds are at extremely inverted levels. This is a strong recession signal.
Since 1990, the spread between
US Treasury Yield Curve Is One of the Most Inverted in History. This Is A Strong Recession Signal added by Herman James on 11/17/2022View all posts by Herman James ?+'