Time From First 10Y-2Y Yield Curve Inversion And S&P 500 Returns The S&P 500 tends to rise after an inverted yield curve. Last three 10Y-2Y curve inversions, further gains average 33%. Image: Fundstrat Global Advisors, LLC
Yield Curve – U.S. 10-Year – 2-Year Government Bond Spread Historically, the re-steepening of the 10Y-2Y U.S. Treasury yield curve from the trough has preceded recessions. Image: The Daily Shot
U.S. 10-Year – 2-Year Yield Curve Historically, the re-steepening of the U.S. 10Y-2Y yield curve from the trough has preceded recessions. Image: Morgan Stanley Research
U.S. Yield Curve and Performance of Equities vs. Bonds (Leading Indicator) The U.S. 10Y-2Y yield curve suggests that equities should underperform bonds over the next 5 years. Image: Pictet Asset Management
U.S. Yield Curve Inversions and U.S. Recessions As the 10Y-2Y yield curve has briefly inverted, is it premature to predict a U.S. recession in 2023? Image: True Insights
S&P 500 Historical Performance in Different Yield Curve Regimes Great table showing the U.S. 10Y-2Y Treasury spread and the S&P 500 historical performance. Image: J.P. Morgan
S&P 500 All-Time High and Inverted Yield Curve The S&P 500 tends to rise after an inverted yield curve. It has made new all-time highs 5 of 5 times the 10Y-2Y yield curve inverted. Image: Fundstrat Global Advisors, LLC
U.S. 10-Year/2-Year Yield Spread vs. Fed Funds Target Rate Interesting chart showing the U.S. 10Y-2Y yield curve steepness versus. the Fed funds target rate (inverted). Image: Credit Suisse
US Yield Curve Inversion and Recessions This interesting chart shows the US yield curve inversion (10y-2y spread) and recessions. Historically, by ending the rate hiking cycle before an inversion, the expansion has still some legs and the next recession is postponed. Source: J.P. Morgan Asset Management “Guide to the Markets” for Q2 2019