US 10-Year Minus 3-Month Yield Curve Inversion Reaches Record 506 Days

The US Yield Curve, specifically the 10-year minus 3-month spread, has been inverted for a record-breaking period, now reaching 506 consecutive days according to Charlie Bilello. This inversion surpasses the previous longest duration of an inverted yield curve, which was during 1978-80, noted for 423 consecutive trading days. Initially reported as 504 consecutive days, the inversion has been a topic of significant economic discussion. The inversion of the yield curve is a critical economic indicator that has historically been associated with the onset of recessions. Financial analysts are debating whether this prolonged inversion will follow the historical pattern and lead to a recession.