Quick Glance: Yield Curve Spread - Week Ending February 12, 2016
Current Treasury yield curve rates
Importance: Economic research by the Cleveland Fed concluded "generally, a flat curve indicates weak
growth, and conversely, a steep curve indicates strong growth. One measure of slope, the spread
between ten-year Treasury bonds and three-month Treasury bills, bears out this relation,... "
(Click here to read Cleveland Fed analysis)
Higher numbers on the left axis indicate a steeper yield curve, while lower numbers indicate
a flatter yield curve. Negative numbers indicate an inverse yield curve, meaning that rates for
10-year Treasury notes are less than rates for 3-month Treasury bills.
Yield Curve Spread
10-Year Treasury Notes
minus 3-Month Treasury Bills
2/12/16
2/5/16
1-Week %
Change
1/15/16
4-Weeks %
Change
2/13/15
1-Year %
Change
1.41
1.57
-10.2%
1.87
-24.6%
1.98
-28.8%
(Week average, ending Friday)
Yield Curve Spread
Weekly Average, Ending Friday
(10-year Treasury notes minus 3-month Treasury bills)
Recession
Yield curve spread, weekly avg, ending Friday
5.00
4.00
3.00
2.00
1.00
0.00
Source: Department of Treasuary, retreived via FRED
-1.00
Yield Curve Spread - Previous 12 Months
Weekly Average, Ending Friday
(10-year Treasury notes minus 3-month Treasury bills)
3.00
2.50
2.00
1.50
1.00
0.50
Source: Department of Treasury, retrived via FRED
0.00
Provided courtesy of Econ P.I.