The difference between 10-year and 2-year Treasuries is up to +65 basis points, near the highest since January 2022.
The Treasury yield curve has now been positive for 15 months after the inversion ended in September 2024.
Over this period, the 10-year note yield has increased +37 basis points, to 4.13%, while the 2-year Treasury yield has dropped -28 basis points, to 3.48%.
Over the last century, most recessions began after the yield curve turned positive and continued to steepen for at least 9 months.
This time, the curve is rising without an NBER-declared recession.
Has the economy achieved a soft landing? $JOJO $PINGPONG $ZBT
🔥GLOBAL TECH PROFITS EXPLODE AS AI ERA ACCELERATES🚨
Technology stocks’ earnings are up +550% since 2009, while non-tech stocks gained just +50%. Global tech firms have doubled net income in four years, growing profitability 11× faster, The AI revolution is reshaping markets. $ETH $JOJO
🔥🚨$BTC Seller Pressure Drops by 80% Weekly realized losses fell sharply from $2.4B to $0.5B. This is not just a pause — it meaningfully reduces the risk of a new capitulation. Market participants can breathe a bit easier as selling intensity has sharply subsided, signaling a more stable environment ahead.
🔥🚨Oil traders are increasingly concerned the oil market could produce far more oil than is needed to meet the demand in 2026. Oil analyst Naveen Das of Kpler explains why he believes the supply will outstrip demand by about 1.8 million barrels a day