Re:U.S. Treasury Yield Curve Inverts for First Time Since 2007
by hire_charts on Friday March 22, 2019 @05:36PM
(#19467210)
Can't you essentially fabricate this statistic by controlling for the amount of time that counts as "before", assuming the inverted curves happen more often than recessions?
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Re:U.S. Treasury Yield Curve Inverts for First Time Since 2007
by mannykannot on Friday March 22, 2019 @08:32PM
(#19468223)
I am guessing that "before" means that the inversion persisted until the economy was technically in recession.
Re:U.S. Treasury Yield Curve Inverts for First Time Since 2007
by tfehring on Saturday March 23, 2019 @12:23AM
(#19469058)
Not quite - see https://fred.stlouisfed.org/series/T10Y3M for reference. The grey areas are recessions, and values below 0 are inversions.
To address the GP’s point, the relationship could be fabricated, but the data don’t indicate that that’s happening.