The Yield Curve Is Not Prophesying Recession

If three 50 ends up being the peak level of the tenure, then i think that the market is very likely to stabilize. A market stabilizing simply means that it stops going lower and lower and lower. The spread you have right now, ten basis points between the two year and the ten year, that is not prophesying recession. That's what the fed would like to see, a bit more slope in the yield curve. And it's probably what equity markets want to see as well.