Standard 10-2 yield curve, zoomed out and smoothed, shows this time is not different. In fact, if you made the correct assumptions in the 1980s you could have calculated exactly what is happening today using some kindergarten mathematics. Remember that when the crisis unfolds and the news rationalizes the recession and market corrections that are right around the corner.
Chart: US10Y-US02Y 12 month close line
Chart: US10Y-US02Y 12 month close line
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