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Treasury Yield Curve 1961 To

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Treasury Spread: 10 yr bond rate-3 month bill rate

Treasury Spread: 10 yr bond rate-3 month bill rate

www.newyorkfed.org

Probability of US Recession Predicted by Treasury Spread* Treasury Spread: 10 yr bond rate-3 month bill rate Monthly Average (Percent) 1959 1961 1963

  Treasury, 1961

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