In One Chart: A recession could be nine months away, according to this telltale gauge

The roughly $25 trillion Treasury market first began flashing this telltale sign that a U.S. recession likely lurks on the horizon almost a year ago, according to Bespoke Investment Group. It was late October of 2022 when the 3-month Treasury yield BX:TMUBMUSD03Mfirst eclipsed the 10-year Treasury yield BX:TMUBMUSD10Y,resulting in an “inversion” of a key part of the yield curve that’s been a reliable predictor of past recessions.Where is this long-anticipated recession? Analyst