Last Update: 9 Feb 2023 3:15 GMT+0

25 countries have an inverted yield curve.

An inverted yield curve is an interest rate environment in which long-term bonds have a lower yield than short-term ones.

An inverted yield curve is often considered a predictor of economic recession.

If data are not all visible, swipe table left

Detailed domestic spreads

The convexity of the yield curve can be estimated calculating the spread between Government Bonds with long, medium and short maturity.

If the spread between the 10 years and the 2 years Government Bond is negative, it's a strong signal of totally inverted yield curve.

Signals of partially or minimally inverted yield curve are a negative 5Y vs 2Y spread or a negative 2Y vs 1Y spread.

In the following table:
Cells with red background shows an inverted yield case.
Cells with yellow background shows a flat yield case.
If data are not all visible, swipe table left
Country Long vs Short Term
10Y vs 2Y Spread
Mid vs Short Term
5Y vs 2Y Spread
Short Term
2Y vs 1Y Spread
Sri Lanka
Hungary
Pakistan
Ukraine
Chile
Kazakhstan
Mexico
Egypt
Czech Republic
Iceland
Malta
Canada
United States
Qatar
Bahrain
Hong Kong
Sweden
New Zealand
Germany
Denmark
Israel
United Kingdom
South Korea
Poland
Norway
Netherlands
Singapore
Slovakia
France
Finland
Ireland
Taiwan
Bangladesh
Austria
India
Switzerland
Australia
Belgium
Colombia
Vietnam
Morocco
Spain
China
Portugal
Brazil
Japan
Turkey
Thailand
Malaysia
Cyprus
Indonesia
Romania
Lithuania
Croatia
Mauritius
Italy
Philippines
Greece
PerĂ¹
Russia
Serbia
Latvia
Slovenia
South Africa
Bulgaria
Kenya
Namibia
Uganda
Nigeria
Zambia

Share this page

Related Topics