
Key points
US 10Y–2Y (red) and 10Y–3M (blue) spreads, year to date | 10Y–3M about 0.75, 10Y–2Y about 0.35, an upward-sloping curve
Image source: @ooLUCINOoo

US 10Y–2Y (red) and 10Y–3M (blue) spreads, year to date | 10Y–3M about 0.75, 10Y–2Y about 0.35, an upward-sloping curve
Image source: @ooLUCINOoo