Comments about an inversion and a subsequent recession that circulatedat the end of March/beginning of April have dissipated and the world has turned to other concerns.
The inversion in question reflected the short-lived 10-year yield falling below the 3-month yield. The 10Y/3M is but one of many yield comparisons that could be made. Indeed, the 5-year/2-year yield comparison shows that an inversion has been in place since March 2.
You can access this week’s report on the spread of the 10-year/2-year yield curve here … … RB_041219
