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Gold Standard Indicator for a Recession Just Flashed
BEARISH

Well, it happened. The gold standard for a recession indicator just crossed the threshold.

US 10Y / 3Month bond spreads inverted. Every time this has happened, the economy has entered a recession. 100% hit rate since 1959

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The Yield Curve as a Leading Indicator

"Probability of U.S. Recession Charts PDF"

t.co
The Yield Curve as a Leading Indicator
This model uses the slope of the yield curve, or the “term spread” between long- and short-term interest rates, to calculate the probability of a recession in the United States twelve months ahead.

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