US 2s10s Yield Curve Inversion Hits Record 625 Days, 431 Trading Days, Signaling Recession Risk

The US 2s10s yield curve has been inverted for a record 625 days, marking the longest yield curve inversion in history, surpassing the previous record set during the 1978-1980 period under Fed Chair Paul Volcker. This inversion has now lasted for 431 consecutive trading days, according to Deutsche Bank. Historically, such inversions have been seen as potential indicators of an impending recession. It has been 429 trading days since the inversion first occurred, and leading economic indicators have been contracting for more than 20 consecutive months only twice since 1960, both times preceding a recession. Experts are debating whether this prolonged inversion will follow the historical pattern of leading to an economic downturn.