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nicodemus
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2024-10-11 17:42:50

nicodemus on Nostr: While the 10Y-2Y is positive again, the 10Y-3M is still inverted. BUT it’s been on ...

While the 10Y-2Y is positive again, the 10Y-3M is still inverted. BUT it’s been on a near vertical trajectory to 0%. If the months-long trend holds, it will uninvert right after Election Day.

Just an observation. Could be coincidence, maybe it doesn’t hold… but it feels right with reality.

If the yield-curve-steepening timer hasn’t already started (counting the time to a huge increase in unemployment and drop in the market), that would. Typically 3-6 months out (median of history).

March would be my best guess. It would rhyme with the eerily similar dates + events that occurred in 2007. Even the drops in the market then correlate to current supports/resistances now. It’s very peculiar.

Probably nothing.
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