Was the absolute value of 10-2 Year Treasury Yield Spread larger than the absolute value of the near-term spread between the 1-year and the 1-month Treasury Bills as of the same date, June 5, 2023?
Note: Recall that absolute value is always positive. For example, if a given spread were equal to -0.05%, the absolute value of this spread would be 0.05%. If a given spread were equal to 0.05%, the absolute value of this spread would also be 0.05%. Essentially, in this question you are comparing the magnitude of the two spreads, ignoring any possible negative values.
Group of answer choices:
Yes.
No.