Treasury Yields from the New York Fed, chart by MishOn the dismal retail sales report on Wednesday, the yield curve steepened towards deeper inversions.Treasury Yields from the New York Fed, inversion calculations by MishInversion Notes 2-year to 10-year spread: -0.69 Percentage Points30-year to 3-month spread: -1.15 Percentage Points10-year to 3-month spread: -1.32 Percentage PointsOne has to go all the way back to the early 1980s to find inversions this deep.Yield Curve to ScaleSigns Say Industrial Production Has Peaked and so a Recession is ImminentIn case you missed it, please see Signs Say Industrial Production Has Peaked and so a Recession is ImminentJudging from dismal industrial production numbers, a recession is imminent if indeed it hasn’t already begun.Scroll to ContinueFor the latest retail sales report, please see December Was Another Retail Sales Disaster, Even Worse With Negative RevisionsNot to worry. I’m sure it’s different this time.Please Subscribe!Like these reports? I hope so, and if you do, please Subscribe to MishTalk Email Alerts.Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.If you have subscribed and do not get email alerts, please check your spam folder.This post originated at MishTalk.Com.Thanks for Tuning In!Please Subscribe to MishTalk Email Alerts.Subscribers get an email alert of each post as they happen. Read the ones you like and you can unsubscribe at any time.If you have subscribed and do not get email alerts, please check your spam folder.Mish
