SpyMasterTrades on Nostr: The 10-year/3-month #Treasury yield spread is about to print a reversal doji on the ...
The 10-year/3-month #Treasury yield spread is about to print a reversal doji on the 6-month chart.
Typically recessions (shaded in red) begin when this spread moves substantially higher.
Earlier this year, the NY #Fed, using this chart as a recession predictor, placed the odds of a U.S. #recession starting by May 2024 at 70%. This was the strongest recession signal in over 40 years.
See more here:
https://www.newyorkfed.org/research/capital_markets/ycfaq#/interactive Published at
2023-12-19 05:47:52Event JSON
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"content": "The 10-year/3-month #Treasury yield spread is about to print a reversal doji on the 6-month chart. \n\nTypically recessions (shaded in red) begin when this spread moves substantially higher. \n\nEarlier this year, the NY #Fed, using this chart as a recession predictor, placed the odds of a U.S. #recession starting by May 2024 at 70%. This was the strongest recession signal in over 40 years.\n\nhttps://m.primal.net/HUUx.png\n\nSee more here: https://www.newyorkfed.org/research/capital_markets/ycfaq#/interactive ",
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