This is a 5-point inversion

The 20-year yield is 1.98% and is 5 basis points higher than the 30-year rate at 1.93%. This is a 5-point inversion.

Inversion is neither a necessary nor sufficient condition for recession but most recessions do start with inversions. 

Mish 31 October 2021

https://mishtalk.com/economics/hello-curve-watchers-we-have-a-5-basis-point-inversion-to-discuss


‘big shift’ in global monetary policy

https://englundmacro.blogspot.com/2021/11/big-shift-in-global-monetary-policy.html


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