T-Bill rates: According to Reuters, the 10-yr t-bill yields dropping below the 3-month yields has preceded every recession the past half century.

August 8, 2019 5:42 pm by IWB

Data for graph below from St Louis Fed.

Data from here: https://fred.stlouisfed.org/series/T10Y3M

Kinda scary, but short sellers made 25B on Monday

h/t Methisthopheles