Whenever the 10Y-2Y Treasury yield curve slope goes negative, it is following by positive slope … then recession. Like clockwork.
Following every recession since the 1970s, the 10Y-2Y Treasury yield curve slope has risen, then declined. This time around, the 10Y-2Y Treasury curve has remained negatively-slope long than usual suggesting a larger than normal snapback. Into a hard landing.
Democrats in particular love hard landings because that green lights them for massive wasteful spending.
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