Inverted Yield Curves

Last Update: 19 Mar 2024 0:15 GMT+0

31 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.

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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.

Cells with red background shows an inverted yield case.
Cells with yellow background shows a flat yield case.
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Country Long vs Short Term
10Y vs 2Y Spread
Mid vs Short Term
5Y vs 2Y Spread
Short Term
2Y vs 1Y Spread
Turkey
Ukraine
Pakistan
Iceland
Mexico
Egypt
Kazakhstan
Canada
Slovenia
Switzerland
Malta
Germany
Denmark
United States
Norway
Qatar
Sweden
Netherlands
Singapore
United Kingdom
France
Cyprus
Russia
Austria
Lithuania
Finland
Ireland
Belgium
Croatia
New Zealand
Hungary
Latvia
South Korea
Slovakia
India
Hong Kong
Bangladesh
Taiwan
Spain
Thailand
Czech Republic
Philippines
Italy
China
Portugal
Indonesia
Australia
Poland
Israel
Chile
Greece
Morocco
Malaysia
Japan
Romania
Nigeria
Colombia
Serbia
Bulgaria
Vietnam
Bahrain
Brazil
Mauritius
Kenya
South Africa
Perù
Sri Lanka
Namibia
Uganda
Zambia