Inverted Yield Curve
Definition
When short-term interest rates exceed long-term rates. Historically a reliable signal of an upcoming recession in the US.
Example
The US 2-year minus 10-year spread inverted in 2022, preceding a slowdown.
When short-term interest rates exceed long-term rates. Historically a reliable signal of an upcoming recession in the US.
The US 2-year minus 10-year spread inverted in 2022, preceding a slowdown.