Will resolve to the first date that FRED data shows a positive spread between 10yr - 3M yield of US Treasuries.

I reserve the right to use other reliable sources in the unlikely event that FRED data is unavailable. If I need to use an alternative source, it must be end of day data (intraday will not count).

https://fred.stlouisfed.org/series/T10Y3M

e.g. If FRED shows the 10YR-3M spread is positive (greater than zero) as of EOD March 25, 2025 - then Q1 2025 will resolve to yes and the rest will resolve to no.