⚖️🇺🇸3-Month-10-Year Spread Narrowing to Lowest Since Late 2020

The 3Mo differential to the 10-year yield narrows to 52bps, this is a 10-day move of 65 points, it now sits at the lowest since late 2020

The 3mo-10y spread inversion is debated to be a better indicator of a potential recession in the U.S.