U.S. Recession - 3-Month T-Bills Minus 12-Month CPI Inflation and 10-Year Treasury Rate Minus 12-Month CPI Inflation
Historically, there has never been a recession in the United States with negative real interest rates.
Image: Gavekal, Macrobond
Historically, there has never been a recession in the United States with negative real interest rates.
Image: Gavekal, Macrobond