The 10-year minus 3-month treasury constant maturity rate predicted almost every single crash in the last decades. Crash usually occur not when it’s inverting but when it’s recovering to positive levels. It’s never been this deep for so long. Even not in 2008. Are we facing something significant or is this just a minor hiccup?
Edit: typo decade(s).
https://i.redd.it/mr2frzvv8dzg1.jpeg
Posted by MDWST-RBLL
2 Comments
“Every crash in the last decade” as we’ve literally only had one crash in the last decade.
It’s going to be big and painful, deep in the financial systems ass