Sure! From Rashed Ahmed and Menzie Chinn, simply revealed within the Journal of Cash, Credit score and Banking.
This paper was beforehand mentioned on this put up; the revised (August 2023) model is right here.
The overseas time period unfold (vs. US) is proven under. (The overseas unfold is the US commerce weighted unfold utilizing long run and quick charges tabulated by the Dallas Fed, however lately is near the Ahmed-Chinn overseas time period unfold used within the paper.)
Determine 1: US 10yr-3mo time period unfold (blue), overseas lengthy term-3 month time period unfold (crimson). NBER outlined peak-to-trough recession dates shaded grey. Supply: Treasury by way of FRED, Dallas Fed DGEI, NBER and creator’s calculations.
