{
  "updated": "2026-08-02",
  "source": "FRED (Federal Reserve Bank of St. Louis): GS10, GS2. Recession dating: NBER.",
  "unit": "percentage points",
  "asof": {
    "month": "2026-06",
    "value": 0.36
  },
  "deepestInversion": {
    "month": "1980-03",
    "value": -2.13
  },
  "series": [
    {
      "x": 1976.417,
      "y": 0.8,
      "m": "1976-06"
    },
    {
      "x": 1976.5,
      "y": 0.98,
      "m": "1976-07"
    },
    {
      "x": 1976.583,
      "y": 1.14,
      "m": "1976-08"
    },
    {
      "x": 1976.667,
      "y": 1.17,
      "m": "1976-09"
    },
    {
      "x": 1976.75,
      "y": 1.43,
      "m": "1976-10"
    },
    {
      "x": 1976.833,
      "y": 1.48,
      "m": "1976-11"
    },
    {
      "x": 1976.917,
      "y": 1.49,
      "m": "1976-12"
    },
    {
      "x": 1977,
      "y": 1.31,
      "m": "1977-01"
    },
    {
      "x": 1977.083,
      "y": 1.3,
      "m": "1977-02"
    },
    {
      "x": 1977.167,
      "y": 1.37,
      "m": "1977-03"
    },
    {
      "x": 1977.25,
      "y": 1.41,
      "m": "1977-04"
    },
    {
      "x": 1977.333,
      "y": 1.21,
      "m": "1977-05"
    },
    {
      "x": 1977.417,
      "y": 1.15,
      "m": "1977-06"
    },
    {
      "x": 1977.5,
      "y": 1.06,
      "m": "1977-07"
    },
    {
      "x": 1977.583,
      "y": 0.79,
      "m": "1977-08"
    },
    {
      "x": 1977.667,
      "y": 0.63,
      "m": "1977-09"
    },
    {
      "x": 1977.75,
      "y": 0.41,
      "m": "1977-10"
    },
    {
      "x": 1977.833,
      "y": 0.44,
      "m": "1977-11"
    },
    {
      "x": 1977.917,
      "y": 0.51,
      "m": "1977-12"
    },
    {
      "x": 1978,
      "y": 0.47,
      "m": "1978-01"
    },
    {
      "x": 1978.083,
      "y": 0.46,
      "m": "1978-02"
    },
    {
      "x": 1978.167,
      "y": 0.46,
      "m": "1978-03"
    },
    {
      "x": 1978.25,
      "y": 0.41,
      "m": "1978-04"
    },
    {
      "x": 1978.333,
      "y": 0.34,
      "m": "1978-05"
    },
    {
      "x": 1978.417,
      "y": 0.22,
      "m": "1978-06"
    },
    {
      "x": 1978.5,
      "y": 0.15,
      "m": "1978-07"
    },
    {
      "x": 1978.583,
      "y": 0.04,
      "m": "1978-08"
    },
    {
      "x": 1978.667,
      "y": -0.15,
      "m": "1978-09"
    },
    {
      "x": 1978.75,
      "y": -0.21,
      "m": "1978-10"
    },
    {
      "x": 1978.833,
      "y": -0.61,
      "m": "1978-11"
    },
    {
      "x": 1978.917,
      "y": -0.71,
      "m": "1978-12"
    },
    {
      "x": 1979,
      "y": -0.76,
      "m": "1979-01"
    },
    {
      "x": 1979.083,
      "y": -0.62,
      "m": "1979-02"
    },
    {
      "x": 1979.167,
      "y": -0.67,
      "m": "1979-03"
    },
    {
      "x": 1979.25,
      "y": -0.6,
      "m": "1979-04"
    },
    {
      "x": 1979.333,
      "y": -0.53,
      "m": "1979-05"
    },
    {
      "x": 1979.417,
      "y": -0.31,
      "m": "1979-06"
    },
    {
      "x": 1979.5,
      "y": -0.19,
      "m": "1979-07"
    },
    {
      "x": 1979.583,
      "y": -0.43,
      "m": "1979-08"
    },
    {
      "x": 1979.667,
      "y": -0.73,
      "m": "1979-09"
    },
    {
      "x": 1979.75,
      "y": -1.19,
      "m": "1979-10"
    },
    {
      "x": 1979.833,
      "y": -1.16,
      "m": "1979-11"
    },
    {
      "x": 1979.917,
      "y": -1,
      "m": "1979-12"
    },
    {
      "x": 1980,
      "y": -0.7,
      "m": "1980-01"
    },
    {
      "x": 1980.083,
      "y": -1.01,
      "m": "1980-02"
    },
    {
      "x": 1980.167,
      "y": -2.13,
      "m": "1980-03"
    },
    {
      "x": 1980.25,
      "y": -1.03,
      "m": "1980-04"
    },
    {
      "x": 1980.333,
      "y": 0.73,
      "m": "1980-05"
    },
    {
      "x": 1980.417,
      "y": 1.05,
      "m": "1980-06"
    },
    {
      "x": 1980.5,
      "y": 1.22,
      "m": "1980-07"
    },
    {
      "x": 1980.583,
      "y": 0.57,
      "m": "1980-08"
    },
    {
      "x": 1980.667,
      "y": -0.06,
      "m": "1980-09"
    },
    {
      "x": 1980.75,
      "y": -0.34,
      "m": "1980-10"
    },
    {
      "x": 1980.833,
      "y": -0.83,
      "m": "1980-11"
    },
    {
      "x": 1980.917,
      "y": -1.24,
      "m": "1980-12"
    },
    {
      "x": 1981,
      "y": -0.69,
      "m": "1981-01"
    },
    {
      "x": 1981.083,
      "y": -0.73,
      "m": "1981-02"
    },
    {
      "x": 1981.167,
      "y": -0.45,
      "m": "1981-03"
    },
    {
      "x": 1981.25,
      "y": -0.47,
      "m": "1981-04"
    },
    {
      "x": 1981.333,
      "y": -1.36,
      "m": "1981-05"
    },
    {
      "x": 1981.417,
      "y": -1.04,
      "m": "1981-06"
    },
    {
      "x": 1981.5,
      "y": -1.07,
      "m": "1981-07"
    },
    {
      "x": 1981.583,
      "y": -1.34,
      "m": "1981-08"
    },
    {
      "x": 1981.667,
      "y": -1.14,
      "m": "1981-09"
    },
    {
      "x": 1981.75,
      "y": -0.39,
      "m": "1981-10"
    },
    {
      "x": 1981.833,
      "y": 0.51,
      "m": "1981-11"
    },
    {
      "x": 1981.917,
      "y": 0.43,
      "m": "1981-12"
    },
    {
      "x": 1982,
      "y": 0.02,
      "m": "1982-01"
    },
    {
      "x": 1982.083,
      "y": -0.39,
      "m": "1982-02"
    },
    {
      "x": 1982.167,
      "y": -0.33,
      "m": "1982-03"
    },
    {
      "x": 1982.25,
      "y": -0.33,
      "m": "1982-04"
    },
    {
      "x": 1982.333,
      "y": -0.16,
      "m": "1982-05"
    },
    {
      "x": 1982.417,
      "y": -0.17,
      "m": "1982-06"
    },
    {
      "x": 1982.5,
      "y": 0.15,
      "m": "1982-07"
    },
    {
      "x": 1982.583,
      "y": 0.74,
      "m": "1982-08"
    },
    {
      "x": 1982.667,
      "y": 0.56,
      "m": "1982-09"
    },
    {
      "x": 1982.75,
      "y": 0.72,
      "m": "1982-10"
    },
    {
      "x": 1982.833,
      "y": 0.75,
      "m": "1982-11"
    },
    {
      "x": 1982.917,
      "y": 0.88,
      "m": "1982-12"
    },
    {
      "x": 1983,
      "y": 1.13,
      "m": "1983-01"
    },
    {
      "x": 1983.083,
      "y": 1.08,
      "m": "1983-02"
    },
    {
      "x": 1983.167,
      "y": 0.85,
      "m": "1983-03"
    },
    {
      "x": 1983.25,
      "y": 0.83,
      "m": "1983-04"
    },
    {
      "x": 1983.333,
      "y": 0.89,
      "m": "1983-05"
    },
    {
      "x": 1983.417,
      "y": 0.67,
      "m": "1983-06"
    },
    {
      "x": 1983.5,
      "y": 0.69,
      "m": "1983-07"
    },
    {
      "x": 1983.583,
      "y": 0.78,
      "m": "1983-08"
    },
    {
      "x": 1983.667,
      "y": 0.86,
      "m": "1983-09"
    },
    {
      "x": 1983.75,
      "y": 0.97,
      "m": "1983-10"
    },
    {
      "x": 1983.833,
      "y": 1.03,
      "m": "1983-11"
    },
    {
      "x": 1983.917,
      "y": 0.99,
      "m": "1983-12"
    },
    {
      "x": 1984,
      "y": 1.03,
      "m": "1984-01"
    },
    {
      "x": 1984.083,
      "y": 1.05,
      "m": "1984-02"
    },
    {
      "x": 1984.167,
      "y": 1.01,
      "m": "1984-03"
    },
    {
      "x": 1984.25,
      "y": 0.94,
      "m": "1984-04"
    },
    {
      "x": 1984.333,
      "y": 0.94,
      "m": "1984-05"
    },
    {
      "x": 1984.417,
      "y": 0.65,
      "m": "1984-06"
    },
    {
      "x": 1984.5,
      "y": 0.48,
      "m": "1984-07"
    },
    {
      "x": 1984.583,
      "y": 0.29,
      "m": "1984-08"
    },
    {
      "x": 1984.667,
      "y": 0.32,
      "m": "1984-09"
    },
    {
      "x": 1984.75,
      "y": 0.56,
      "m": "1984-10"
    },
    {
      "x": 1984.833,
      "y": 0.92,
      "m": "1984-11"
    },
    {
      "x": 1984.917,
      "y": 1.32,
      "m": "1984-12"
    },
    {
      "x": 1985,
      "y": 1.45,
      "m": "1985-01"
    },
    {
      "x": 1985.083,
      "y": 1.34,
      "m": "1985-02"
    },
    {
      "x": 1985.167,
      "y": 1.15,
      "m": "1985-03"
    },
    {
      "x": 1985.25,
      "y": 1.34,
      "m": "1985-04"
    },
    {
      "x": 1985.333,
      "y": 1.46,
      "m": "1985-05"
    },
    {
      "x": 1985.417,
      "y": 1.47,
      "m": "1985-06"
    },
    {
      "x": 1985.5,
      "y": 1.54,
      "m": "1985-07"
    },
    {
      "x": 1985.583,
      "y": 1.39,
      "m": "1985-08"
    },
    {
      "x": 1985.667,
      "y": 1.39,
      "m": "1985-09"
    },
    {
      "x": 1985.75,
      "y": 1.38,
      "m": "1985-10"
    },
    {
      "x": 1985.833,
      "y": 1.2,
      "m": "1985-11"
    },
    {
      "x": 1985.917,
      "y": 1.11,
      "m": "1985-12"
    },
    {
      "x": 1986,
      "y": 1.05,
      "m": "1986-01"
    },
    {
      "x": 1986.083,
      "y": 0.73,
      "m": "1986-02"
    },
    {
      "x": 1986.167,
      "y": 0.57,
      "m": "1986-03"
    },
    {
      "x": 1986.25,
      "y": 0.6,
      "m": "1986-04"
    },
    {
      "x": 1986.333,
      "y": 0.64,
      "m": "1986-05"
    },
    {
      "x": 1986.417,
      "y": 0.62,
      "m": "1986-06"
    },
    {
      "x": 1986.5,
      "y": 0.63,
      "m": "1986-07"
    },
    {
      "x": 1986.583,
      "y": 0.84,
      "m": "1986-08"
    },
    {
      "x": 1986.667,
      "y": 1.1,
      "m": "1986-09"
    },
    {
      "x": 1986.75,
      "y": 1.15,
      "m": "1986-10"
    },
    {
      "x": 1986.833,
      "y": 0.97,
      "m": "1986-11"
    },
    {
      "x": 1986.917,
      "y": 0.84,
      "m": "1986-12"
    },
    {
      "x": 1987,
      "y": 0.85,
      "m": "1987-01"
    },
    {
      "x": 1987.083,
      "y": 0.85,
      "m": "1987-02"
    },
    {
      "x": 1987.167,
      "y": 0.83,
      "m": "1987-03"
    },
    {
      "x": 1987.25,
      "y": 1,
      "m": "1987-04"
    },
    {
      "x": 1987.333,
      "y": 0.85,
      "m": "1987-05"
    },
    {
      "x": 1987.417,
      "y": 0.83,
      "m": "1987-06"
    },
    {
      "x": 1987.5,
      "y": 1.01,
      "m": "1987-07"
    },
    {
      "x": 1987.583,
      "y": 1.01,
      "m": "1987-08"
    },
    {
      "x": 1987.667,
      "y": 1.08,
      "m": "1987-09"
    },
    {
      "x": 1987.75,
      "y": 1.12,
      "m": "1987-10"
    },
    {
      "x": 1987.833,
      "y": 1.17,
      "m": "1987-11"
    },
    {
      "x": 1987.917,
      "y": 1.13,
      "m": "1987-12"
    },
    {
      "x": 1988,
      "y": 1.04,
      "m": "1988-01"
    },
    {
      "x": 1988.083,
      "y": 1.03,
      "m": "1988-02"
    },
    {
      "x": 1988.167,
      "y": 1.1,
      "m": "1988-03"
    },
    {
      "x": 1988.25,
      "y": 1.13,
      "m": "1988-04"
    },
    {
      "x": 1988.333,
      "y": 1.09,
      "m": "1988-05"
    },
    {
      "x": 1988.417,
      "y": 0.89,
      "m": "1988-06"
    },
    {
      "x": 1988.5,
      "y": 0.78,
      "m": "1988-07"
    },
    {
      "x": 1988.583,
      "y": 0.63,
      "m": "1988-08"
    },
    {
      "x": 1988.667,
      "y": 0.52,
      "m": "1988-09"
    },
    {
      "x": 1988.75,
      "y": 0.45,
      "m": "1988-10"
    },
    {
      "x": 1988.833,
      "y": 0.29,
      "m": "1988-11"
    },
    {
      "x": 1988.917,
      "y": 0.02,
      "m": "1988-12"
    },
    {
      "x": 1989,
      "y": -0.09,
      "m": "1989-01"
    },
    {
      "x": 1989.083,
      "y": -0.2,
      "m": "1989-02"
    },
    {
      "x": 1989.167,
      "y": -0.32,
      "m": "1989-03"
    },
    {
      "x": 1989.25,
      "y": -0.27,
      "m": "1989-04"
    },
    {
      "x": 1989.333,
      "y": -0.16,
      "m": "1989-05"
    },
    {
      "x": 1989.417,
      "y": -0.13,
      "m": "1989-06"
    },
    {
      "x": 1989.5,
      "y": 0.2,
      "m": "1989-07"
    },
    {
      "x": 1989.583,
      "y": -0.03,
      "m": "1989-08"
    },
    {
      "x": 1989.667,
      "y": -0.09,
      "m": "1989-09"
    },
    {
      "x": 1989.75,
      "y": 0.03,
      "m": "1989-10"
    },
    {
      "x": 1989.833,
      "y": 0.07,
      "m": "1989-11"
    },
    {
      "x": 1989.917,
      "y": 0.06,
      "m": "1989-12"
    },
    {
      "x": 1990,
      "y": 0.12,
      "m": "1990-01"
    },
    {
      "x": 1990.083,
      "y": 0.1,
      "m": "1990-02"
    },
    {
      "x": 1990.167,
      "y": -0.04,
      "m": "1990-03"
    },
    {
      "x": 1990.25,
      "y": 0.07,
      "m": "1990-04"
    },
    {
      "x": 1990.333,
      "y": 0.12,
      "m": "1990-05"
    },
    {
      "x": 1990.417,
      "y": 0.13,
      "m": "1990-06"
    },
    {
      "x": 1990.5,
      "y": 0.31,
      "m": "1990-07"
    },
    {
      "x": 1990.583,
      "y": 0.69,
      "m": "1990-08"
    },
    {
      "x": 1990.667,
      "y": 0.81,
      "m": "1990-09"
    },
    {
      "x": 1990.75,
      "y": 0.84,
      "m": "1990-10"
    },
    {
      "x": 1990.833,
      "y": 0.79,
      "m": "1990-11"
    },
    {
      "x": 1990.917,
      "y": 0.77,
      "m": "1990-12"
    },
    {
      "x": 1991,
      "y": 0.96,
      "m": "1991-01"
    },
    {
      "x": 1991.083,
      "y": 0.98,
      "m": "1991-02"
    },
    {
      "x": 1991.167,
      "y": 1.01,
      "m": "1991-03"
    },
    {
      "x": 1991.25,
      "y": 1.09,
      "m": "1991-04"
    },
    {
      "x": 1991.333,
      "y": 1.29,
      "m": "1991-05"
    },
    {
      "x": 1991.417,
      "y": 1.32,
      "m": "1991-06"
    },
    {
      "x": 1991.5,
      "y": 1.35,
      "m": "1991-07"
    },
    {
      "x": 1991.583,
      "y": 1.47,
      "m": "1991-08"
    },
    {
      "x": 1991.667,
      "y": 1.47,
      "m": "1991-09"
    },
    {
      "x": 1991.75,
      "y": 1.62,
      "m": "1991-10"
    },
    {
      "x": 1991.833,
      "y": 1.86,
      "m": "1991-11"
    },
    {
      "x": 1991.917,
      "y": 2.06,
      "m": "1991-12"
    },
    {
      "x": 1992,
      "y": 2.07,
      "m": "1992-01"
    },
    {
      "x": 1992.083,
      "y": 2.13,
      "m": "1992-02"
    },
    {
      "x": 1992.167,
      "y": 1.85,
      "m": "1992-03"
    },
    {
      "x": 1992.25,
      "y": 2.14,
      "m": "1992-04"
    },
    {
      "x": 1992.333,
      "y": 2.16,
      "m": "1992-05"
    },
    {
      "x": 1992.417,
      "y": 2.21,
      "m": "1992-06"
    },
    {
      "x": 1992.5,
      "y": 2.48,
      "m": "1992-07"
    },
    {
      "x": 1992.583,
      "y": 2.4,
      "m": "1992-08"
    },
    {
      "x": 1992.667,
      "y": 2.53,
      "m": "1992-09"
    },
    {
      "x": 1992.75,
      "y": 2.51,
      "m": "1992-10"
    },
    {
      "x": 1992.833,
      "y": 2.29,
      "m": "1992-11"
    },
    {
      "x": 1992.917,
      "y": 2.1,
      "m": "1992-12"
    },
    {
      "x": 1993,
      "y": 2.21,
      "m": "1993-01"
    },
    {
      "x": 1993.083,
      "y": 2.16,
      "m": "1993-02"
    },
    {
      "x": 1993.167,
      "y": 2.03,
      "m": "1993-03"
    },
    {
      "x": 1993.25,
      "y": 2.13,
      "m": "1993-04"
    },
    {
      "x": 1993.333,
      "y": 2.06,
      "m": "1993-05"
    },
    {
      "x": 1993.417,
      "y": 1.8,
      "m": "1993-06"
    },
    {
      "x": 1993.5,
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      "x": 1996.917,
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    {
      "x": 1997,
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      "x": 1997.083,
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      "x": 1997.167,
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      "x": 1997.75,
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      "m": "1997-11"
    },
    {
      "x": 1997.917,
      "y": 0.09,
      "m": "1997-12"
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    {
      "x": 1998,
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      "m": "1998-01"
    },
    {
      "x": 1998.083,
      "y": 0.15,
      "m": "1998-02"
    },
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      "x": 1998.167,
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      "x": 1998.25,
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      "x": 1998.417,
      "y": -0.02,
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      "x": 1998.5,
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      "x": 1998.917,
      "y": 0.14,
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    {
      "x": 1999,
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      "x": 1999.083,
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      "x": 1999.167,
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    {
      "x": 2000,
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      "x": 2000.083,
      "y": -0.09,
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      "x": 2003,
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      "x": 2003.167,
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      "y": 2.67,
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    },
    {
      "x": 2011,
      "y": 2.78,
      "m": "2011-01"
    },
    {
      "x": 2011.083,
      "y": 2.81,
      "m": "2011-02"
    },
    {
      "x": 2011.167,
      "y": 2.71,
      "m": "2011-03"
    },
    {
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      "y": 2.73,
      "m": "2011-04"
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    {
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      "y": 2.61,
      "m": "2011-05"
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    {
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      "y": 2.59,
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      "y": 2.07,
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    {
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      "y": 1.77,
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      "y": 1.87,
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      "m": "2011-11"
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    {
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      "y": 1.72,
      "m": "2011-12"
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      "y": 1.73,
      "m": "2012-01"
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    {
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      "y": 1.69,
      "m": "2012-02"
    },
    {
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      "y": 1.83,
      "m": "2012-03"
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      "y": 1.76,
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    {
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      "y": 1.51,
      "m": "2012-05"
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    {
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      "y": 1.33,
      "m": "2012-06"
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    {
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      "y": 1.28,
      "m": "2012-07"
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      "y": 1.41,
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    {
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      "y": 1.46,
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    {
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      "y": 1.38,
      "m": "2012-11"
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    {
      "x": 2012.917,
      "y": 1.46,
      "m": "2012-12"
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    {
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      "y": 1.64,
      "m": "2013-01"
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    {
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      "y": 1.71,
      "m": "2013-02"
    },
    {
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      "y": 1.7,
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      "y": 1.53,
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    {
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      "y": 1.68,
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    {
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      "y": 1.97,
      "m": "2013-06"
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      "y": 2.24,
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    {
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      "y": 2.41,
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      "m": "2013-10"
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    {
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      "y": 2.42,
      "m": "2013-11"
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    {
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      "y": 2.56,
      "m": "2013-12"
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    {
      "x": 2014,
      "y": 2.47,
      "m": "2014-01"
    },
    {
      "x": 2014.083,
      "y": 2.38,
      "m": "2014-02"
    },
    {
      "x": 2014.167,
      "y": 2.32,
      "m": "2014-03"
    },
    {
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      "y": 2.29,
      "m": "2014-04"
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    {
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      "y": 2.17,
      "m": "2014-05"
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    {
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      "y": 2.15,
      "m": "2014-06"
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    {
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      "y": 2.03,
      "m": "2014-07"
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    {
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      "y": 1.95,
      "m": "2014-08"
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    {
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      "y": 1.96,
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    {
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      "y": 1.85,
      "m": "2014-10"
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    {
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      "y": 1.8,
      "m": "2014-11"
    },
    {
      "x": 2014.917,
      "y": 1.57,
      "m": "2014-12"
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    {
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      "y": 1.33,
      "m": "2015-01"
    },
    {
      "x": 2015.083,
      "y": 1.36,
      "m": "2015-02"
    },
    {
      "x": 2015.167,
      "y": 1.4,
      "m": "2015-03"
    },
    {
      "x": 2015.25,
      "y": 1.4,
      "m": "2015-04"
    },
    {
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      "y": 1.59,
      "m": "2015-05"
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    {
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      "y": 1.67,
      "m": "2015-06"
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    {
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      "m": "2015-07"
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      "y": 1.47,
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      "y": 1.46,
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      "y": 1.43,
      "m": "2015-10"
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    {
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      "y": 1.38,
      "m": "2015-11"
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    {
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      "y": 1.26,
      "m": "2015-12"
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    {
      "x": 2016,
      "y": 1.19,
      "m": "2016-01"
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    {
      "x": 2016.083,
      "y": 1.05,
      "m": "2016-02"
    },
    {
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      "y": 1.01,
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      "y": 0.99,
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      "y": 0.91,
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      "m": "2016-11"
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    {
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      "y": 1.29,
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