Yield Curve Is More Inverted Than at This Point in Run-Up to Financial Crisis

As has been widely reported, there was a major inversion of part of the US Treasury yield curve on the 22nd of March 2019, as the 3-month yield rose above the 10-year yield for the first time since the Financial Crisis. The following chart compares the Treasury yield curve on March 22th, 2019 to the yield curve on January 17th, 2006 when the 3-month to 10-year spread inverted for the first time leading up to the Financial Crisis:

The 2-month and 30-year data are missing from the 2006 yield curve because the 2-month treasury bill had not yet been created and the 30-year was not being issued at the time. On January 17th 2006, the following parts of the yield curve were inverted:

That makes 25 inversion combinations on the yield curve when the 3-month to 10-year spread first inverted before the Financial Crisis on January.

Source: thesoundingline.com