Number of Inversions Before Recession
Time to Peak
After First Inversion
Yield Curve “False Positives” Are Common Later in Cycle
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Length of First Inversion
Source: LPL Research, FactSet 04/22/19
Source: LPL Research, Bloomberg 05/23/19
*Inversion refers to the 3-month Treasury yield closing below the 10-year Treasury Yield.
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