Consecutive Trading Days of Inverted 10Y-3M U.S. Treasury Yield Curve

Consecutive Trading Days of Inverted 10Y-3M U.S. Treasury Yield Curve The inversion of the 10Y-3M UST yield curve typically reflects market expectations of slower economic growth and potentially lower interest rates in the future. Image: Morgan Stanley Wealth Management

U.S. 10Y-3M Yield Curve

U.S. 10Y-3M Yield Curve The inversion of the U.S. 10Y-3M yield curve could be seen as a potential warning sign of a recession ahead. Image: J.P. Morgan

U.S. 10Y-3M Yield Curve and Recessions

U.S. 10Y-3M Yield Curve and Recessions The U.S. 10Y-3M Treasury yield curve has historically been used as an indicator of potential recession risk. Image: BofA Global Investment Strategy

U.S. 10Y-3M Yield Curve

U.S. 10Y-3M Yield Curve The U.S. 10Y-3M yield curve suggests that the U.S. economy may be headed for a downturn in the near future. Image: Morgan Stanley Research

U.S. 10Y-3M Yield Curve and Fed Funds Target Rate

U.S. 10Y-3M Yield Curve and Fed Funds Target Rate Historically, the Fed doesn’t pivot policy until a recession arrives and the 10Y-3M US Treasury yield curve inverts. Is it really different this time? Image: Morgan Stanley Wealth Management

The 10Y-3M Yield Curve

The 10Y-3M Yield Curve Historically, an inverted yield curve has been an excellent predicator of economic recessions in the United States. Image: Bianco Research