OPEN-SOURCE SCRIPT
Recession indicator US2/10 Y
simple recession "forecaster" based on the US treasury bond rates.
When 2Y flips 10Y, a recession within a few months can happen.
When 2Y flips 10Y, a recession within a few months can happen.
Open-source script
In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in publication is governed by House rules. You can favorite it to use it on a chart.
Want to use this script on a chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.