Almost like every recessions just makes the yields more and more volatile

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by  laflammaster

If you take a closer look, recession happens when the yield rates converge. By historical metrics, recessions should have started mid-late 2019 (which it kind of did).

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Sauce: www.federalreserve.gov/datadownload/Chart.aspx?rel=H15&series=bf17364827e38702b42a58cf8eaa3f78&lastobs=&from=&to=&filetype=csv&label=include&layout=seriescolumn&type=package&pp=Format

 

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