Yield Curve (2-10yr)

Yield curve of the 2-10 year US Treasury Bonds, with over 50 years of history.

The Yield Curve is the interest rate on the 10 year bond minus the 2 year bond.

When it inverts (crosses under 0) a recession usually follows 6-12 months later.
It's a great leading indicator to identify risk in the macroeconomic environment.