{"uid":"cap_1qmAvdjnd4CT7ltx4O9dm","slug":"treasury-yield-curve-spread-recession-signal-f064e461","name":"Treasury Yield Curve Spread & Recession Signal","description":"Derived 2s10s and 3m10y Treasury yield-curve spreads (in basis points) plus a boolean recession-signal flag when the curve is inverted. Source: FRED constant-maturity yields (public domain). No params.","url":"https://agent402.tools/api/yield-curve-spread","method":"GET","headers":{},"bodySchema":{"type":"object","properties":{"properties":{"type":"string"}}},"responseSchema":{"type":"json","example":{"asOf":"FRED constant-maturity Treasury yields","recordDate":"2026-06-12","inverted2s10s":true,"inverted3m10y":true,"spread2s10sBps":-27,"spread3m10yBps":-88}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.005","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"probe","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.005/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.005","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.005","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_COdyF_Kzghk0D0s3sVDGh","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.005","costPer":"request","priority":0,"asset":"0x833589fCD6eDb6E08f4c7C32D4f71b54bdA02913","unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Returns derived 2s10s and 3m10y Treasury yield-curve spreads in basis points plus a boolean recession-signal flag indicating curve inversion, sourced from FRED constant-maturity yields.","exampleAgentPrompt":"What's the current Treasury yield curve spread — give me the 2s10s and 3m10y spreads in basis points and tell me whether the recession-inversion signal is currently triggered.","exampleUseCases":null,"resultDescription":"Returns two yield-curve spreads derived from FRED constant-maturity yields: the 2-year vs 10-year (2s10s) spread and the 3-month vs 10-year (3m10y) spread, both expressed in basis points, plus a boolean flag that is true when either spread is negative (curve inverted), indicating a potential recession signal.","failureModes":["FRED data source temporarily unavailable — upstream dependency outage returns error","Stale data if FRED hasn't published the latest constant-maturity rates yet","HTTP 402 Payment Required if x402 payment header is missing or insufficient","Network timeout if agent402.tools infrastructure is under load"],"whenToPreferThis":"Use this endpoint when you need a quick, no-parameter snapshot of the US Treasury yield curve inversion status with both the classic 2s10s and the Fed-preferred 3m10y spreads in a single call, sourced from authoritative FRED data. Prefer this over manually fetching individual Treasury yields and computing spreads yourself. Ideal for macro dashboards, recession-monitoring agents, or any workflow that needs a precomputed, authoritative inversion signal without doing the math.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-14T07:01:32.318Z","isFirstParty":false}