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Yield Curve (10Y–2Y)
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Set a line on the chart and we’ll email you when Curve hits it.
Click chart to set · Copy link shares all levels · drag · ↑ ↓
The 10Y–2Y spread is the classic yield-curve gauge: 10-year yield minus 2-year yield. Negative readings mean the curve is inverted (short rates above long rates); positive readings mean a normal upward slope.
Inversions have historically preceded U.S. recessions — with a lag. An un-inversion (climb back above zero) is often watched as the late-cycle handoff into softer growth.
These are common levels traders set email alerts around — click the chart to place a line at any of them.
Set an alert at 0% to get emailed when the curve inverts or un-inverts. Add another line if you want notice of deeper inversions.
Click the chart to set a level, enter your email (or stay signed in), and we notify you when Curve crosses that line.
The 10Y–2Y spread is the classic yield-curve gauge: 10-year yield minus 2-year yield. Negative readings mean the curve is inverted (short rates above long rates); positive readings mean a normal upward slope.
Inversions have historically preceded U.S. recessions — with a lag. An un-inversion (climb back above zero) is often watched as the late-cycle handoff into softer growth.
Common levels traders watch: 0% — flat / invert line — The headline event. Crossing below zero = inversion; back above = un-inversion. −0.5% to −1% — Deep inversion — markets are pricing aggressive near-term policy vs. weaker long-run growth. +0.5%+ — Clearly re-steepened. Often coincides with easier policy expectations or late-cycle growth worries already priced.
Set an alert at 0% to get emailed when the curve inverts or un-inverts. Add another line if you want notice of deeper inversions. On getmarketalerts.com you click the chart to set a level; we email you when Curve crosses it.
Inverted (<0%): Short rates above long rates — historically a recession warning with a lag. Flat (~0%): The regime line. Crosses here are the alerts most people want. Steep (>0%): Normal upward slope. Re-steepening after an inversion is a major regime change.