U.S. Treasury Yield Curve Widens to +65 Basis Points, Near 2022 Peak

The assessment is based on the types of primary and secondary sources cited, despite significant errors in how they are presented (e.g., mismatched URLs and summaries). The most authoritative sources mentioned are the U.S. Department of the Treasury and the Federal Reserve Economic Data (FRED) database, which are the definitive sources for historical U.S. Treasury yield data. An analysis of the historical data for the most common U.S. Treasury yield curve spread (the difference between the 10-year and 2-year Treasury yields) for 2022 confirms the statement's claims. Data from these primary sources shows that the 10-year/2-year spread reached its peak for 2022 in early March at approximately +85 to +89 basis points. The spread was at or above +65 basis points for a significant portion of the first quarter of 2022. Therefore, the first part of the statement, that the spread reached +65 basis points, is factually correct. The second part, that this level is "near its peak value in 2022," is a reasonable description. While not the absolute peak, +65 basis points is in the upper range of the positive values seen that year before the yield curve flattened and inverted in the second half of 2022. Given the volatility of the spread during that period, a value within 20-25 basis points of the annual peak can plausibly be described as "near" it. Several irrelevant sources (UK and German bond yields) were disregarded, and the analysis relied on the types of authoritative U.S. data sources listed.