Every major financial crisis since 1989 (post-1987 crash) is marked in red boxes on the 10-2 Treasury yield curve chart showing inversions: early 1990s recession, 1997-2000 Asian crisis and Long-Term Capital Management, 2006-2007 subprime (with reversion in June 2007 preceding Lehman collapse in 2008), and 2019 repo crisis (CV19 follow-up).