Summertime Blues! US Treasury 3m30y Curve In Bear Steepening Mode, Indicating A US Recession By Summer 2023
by confoundedinterest17 The US economy has a case of the summertime blues. Bull steepenings in the yield curve are generally seen as a precursor to a recession, but they are often preceded by bear steepenings. The 3m30y curve is currently bear steepening, …