Compare/πŸ‡¨πŸ‡¦ CAN vs πŸ‡ΊπŸ‡Έ USA/Yield Curve Spread (10y-2y)
monetary

Yield Curve Spread (10y-2y)

Difference between 10-year and 2-year government bond yields

πŸ‡¨πŸ‡¦ Canada
0 bps
πŸ‡ΊπŸ‡Έ United States
4 bpsβ–Ό 2
As of 2026-01-01

Historical Comparison

200020022004200620082010201220142016201820202022202420260.0 bps2.0 bps4.0 bps6.0 bps8.0 bps
  • Canada
  • United States

Why it matters

Inversion (negative spread) has predicted every modern recession.

Frequency: annual
Units: basis points
Seasonal adj.: N/A
Importance: 8/10