Recession Barometer: The 10/2 Yield Curve Indicator – Week Ending March 22, 2019

Rates in both the USA and Canada fell sharply on Friday to their lowest levels in the past twelve months. More importantly, the “spread” between the 10-year and the 2-year bills narrowed in both countries in this past week.

In the USA, 10-years closed the week at 2.44% and 2-years closed at 2.31%, a spread of 0.13x. For Canadas, 10-years were at 1.67% and 2-years at 1.60%,for a spread of 0.07x.

You can access this week’s full report on the spread of the 10-year/2-year yield curve here … … RB_032219

About Bob Weir 3002 Articles
Bob Weir has over 50 years of investment research and analytical experience in both the equity and fixed-income sectors, and in the commercial real estate industry. He joined eResearch in 2004 and was its President, CEO, and Managing Director, Research Services until December 2018. Prior to joining eResearch, Bob was at Dominion Bond Rating Service (DBRS).