 The 2-10 year spread moved below the 0.0 into negative territory back in July and it has been pretty much down since then. The spread is currently at -0.706 which is supposed to be a prelude to a recession. If the Fed overstays its welcome on the tightening side - it seems like they want to raise rates but keep them high into 2024, - that would do the trick. Wouldnt it? I would think so. Yet, if you look at the SP index, it is up close to 1.3 today. On Friday it rose 1.89. The... 