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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

Bands / thresholds

Classifier direction: higher_is_better.

RangeLabelDotImplicationPoints
Healthy slopefavorableBULLISH
Flat-ishleaningNEUTRAL
FlatneutralNEUTRAL
InvertingcautionaryBEARISH
InvertedadverseBEARISH

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

See also