{"id":271529,"date":"2025-02-22T02:25:16","date_gmt":"2025-02-22T02:25:16","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/22\/dis-inversion-and-re-inversion-over-the-last-3-months\/"},"modified":"2025-06-25T17:09:17","modified_gmt":"2025-06-25T17:09:17","slug":"dis-inversion-and-re-inversion-over-the-last-3-months","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/02\/22\/dis-inversion-and-re-inversion-over-the-last-3-months\/","title":{"rendered":"Dis-Inversion and Re-Inversion over the Last 3 Months"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div id=\"post-55739\">\n\t\t\t\t<!-- .entry-header --><\/p>\n<div class=\"entry-content\">\n<p>Not sure what it means, but I suspect heightened growth anxieties for the 4 month to 3 years horizon.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix.png\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" class=\"alignnone size-full wp-image-55740\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix.png\" alt=\"\" width=\"1200\" height=\"806\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix.png 1200w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix-300x202.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix-1024x688.png 1024w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix-768x516.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/reinversionpix-624x419.png 624w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/a><\/p>\n<p><em><strong>Figure 1:<\/strong> Yield curve on 11\/5\/2024 (blue), on 12\/31\/2024 (orange), 2\/21\/2025 (green), %. Source: Treasury.<\/em><\/p>\n<p>Here\u2019re two conventional term spreads (neither of which have inverted), and the VIX.<\/p>\n<p><a href=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix.png\"><img decoding=\"async\" class=\"alignnone size-full wp-image-55741\" src=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix.png\" alt=\"\" width=\"1008\" height=\"576\" srcset=\"https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix.png 1008w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix-300x171.png 300w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix-768x439.png 768w, https:\/\/econbrowser.com\/wp-content\/uploads\/2025\/02\/termspreads_vix-624x357.png 624w\" sizes=\"(max-width: 1008px) 100vw, 1008px\"\/><\/a><\/p>\n<p><em><strong>Figure 2:<\/strong> 10yr-3mo term spread (blue, left scale), 10yr-2yr term spread (red, left scale), both %; VIX (green, right scale). Source: Treasury, CBOE via FRED.<\/em><\/p>\n<p>\u00a0<\/p>\n<\/p><\/div>\n<p><!-- .entry-content --><\/p>\n<footer class=\"entry-meta\">\n\t\t\tThis entry was posted on <a href=\"https:\/\/econbrowser.com\/archives\/2025\/02\/dis-inversion-and-re-inversion-over-the-last-3-months\" title=\"5:02 pm\" rel=\"bookmark\"><time class=\"entry-date\" datetime=\"2025-02-21T17:02:34-08:00\">February 21, 2025<\/time><\/a><span class=\"by-author\"> by <span class=\"author vcard\"><a class=\"url fn n\" href=\"https:\/\/econbrowser.com\/archives\/author\/menzie_chinn\" title=\"View all posts by Menzie Chinn\" rel=\"author\">Menzie Chinn<\/a><\/span><\/span>.\t\t\t\t\t\t\t\t<\/footer>\n<p><!-- .entry-meta -->\n\t<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/econbrowser.com\/archives\/2025\/02\/dis-inversion-and-re-inversion-over-the-last-3-months\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Not sure what it means, but I suspect heightened growth anxieties for the 4 month to 3 years horizon. Figure 1: Yield curve on<\/p>\n","protected":false},"author":1,"featured_media":271530,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[155],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/271529"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=271529"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/271529\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/271530"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=271529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=271529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=271529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}