Interest rate spread,10-year Treasury bonds less federal funds,is listed as a lagging indicator in the National Bureau of Economic Research (NBER).

Name: Interest rate spread,10-year Treasury bonds less federal funds,is listed as a lagging indicator in the National Bureau of Economic Research (NBER).
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The interest rate spread between 10-year Treasury bonds and the federal funds rate is considered a leading indicator, not a lagging one, as it can signal future economic activity.

Interest Rate Spread,10-Year Treasury Bonds Less Federal Funds,is Listed as a Lagging