KB / signal
2s10s Curve
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2s10s Curve
What it is
2s10s Curve — registry key curve_2s10s.
Yield curve shape is a slow-moving recession indicator; informational context alongside credit signals.
Source
Source module: credit
Data source: back_fillable
Fetched directly from app/sources/credit.py; see source code for the upstream API call and any provider-specific handling.
How it’s computed
Treasury 2s10s spread = tnx_close (10y) − dgs2 (2y), in percent. Raw 2y from FRED series DGS2; 10y from existing tnx_close. See app/sources/credit.py.
Where it surfaces
- API field:
signals.two_ten_spreadonGET /api/v1/signals/latest - Surface:
daily_signalsrow (daily-cadence persistence) - Surface:
/signals/historytime series - Surface:
/signals/sparklines(UI sparklines) - Surface: change markers in the rendered report
Bands / thresholds
Classifier direction: higher_is_better.
| Range | Label | Dot | Implication | Points |
|---|---|---|---|---|
| — | Healthy slope | favorable | BULLISH | — |
| — | Flat-ish | leaning | NEUTRAL | — |
| — | Flat | neutral | NEUTRAL | — |
| — | Inverting | cautionary | BEARISH | — |
| — | Inverted | adverse | BEARISH | — |
Health-score / alignment role
Display-only — has bands for surface labeling but does not contribute to the health score (scoring is handled by a companion metric).
Release cadence
- Publishes:
intraday
See also
- /kb/api/get-signals-latest — API endpoint that serves this field.