{
  "docId": "019dd923-5e88-73ef-bd5a-e3fc5ef57fb4",
  "docSlug": "e9e26fb9b688ae5b",
  "documentTitle": "mi guide to the markets uk",
  "authorId": "JPMorgan",
  "authorName": "J.P. Morgan Asset Management",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.445,
  "pageNumber": 71,
  "pageCount": 99,
  "prevPage": 70,
  "nextPage": 72,
  "slideType": "data_table",
  "function": "analyze_data",
  "density": "balanced",
  "nDataPoints": 2,
  "notes": "The slide uses vertical grey bars to indicate recession periods as defined by the NBER.",
  "elementsJson": [
    "line_chart",
    "line_chart"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd5a-e3fc5ef57fb4/71",
  "deckHref": "/decks/019dd923-5e88-73ef-bd5a-e3fc5ef57fb4",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd5a-e3fc5ef57fb4.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd5a-e3fc5ef57fb4#slide-71",
  "components": [
    {
      "bbox": {
        "h": 0.65,
        "w": 0.42,
        "x": 0.08,
        "y": 0.17
      },
      "kind": "chart",
      "text": "US yield curve (10y-2y spread)",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "492fb900-3bac-49ad-b567-3438f396a49b",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.65,
        "w": 0.42,
        "x": 0.53,
        "y": 0.17
      },
      "kind": "chart",
      "text": "US 10-year government bond term premium",
      "attrs": null,
      "subkind": "line",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d99f3145-8dd3-4c3d-9606-9aaf373b110e",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "metric",
      "text": "Basis points",
      "attrs": null,
      "subkind": "primary",
      "toolName": "Quantification",
      "toolSlug": "quantification",
      "confidence": null,
      "componentId": "019dd952-28ae-7243-84ba-8461c4b5e618",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.75,
        "x": 0.08,
        "y": 0.88
      },
      "kind": "source-note",
      "text": "Source: (Left) LSEG Datastream, J.P. Morgan Asset Management. (Right) Federal Reserve Bank of New York, LSEG Datastream, J.P. Morgan Asset Management. Data as of 31 March 2026.",
      "attrs": null,
      "subkind": null,
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "5cb68691-5669-42b0-b71c-2570dca50710",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.03,
        "w": 0.45,
        "x": 0.08,
        "y": 0.1
      },
      "kind": "title",
      "text": "US yield curve and term premium",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "2d2727b7-74d0-42a2-9f86-26f105ca9f66",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [],
  "frameworks": [],
  "arcBeats": [
    {
      "to": 80,
      "from": 5,
      "beatId": "a255c9ad-3413-4302-809c-39bac4187673",
      "arcName": "The Sparkline",
      "arcSlug": "sparkline",
      "beatName": "Data Table",
      "beatSlug": null,
      "evidence": "Various data tables supporting the trends and insights",
      "position": 2,
      "confidence": 0.8,
      "parentBeatName": null,
      "parentBeatSlug": null
    }
  ],
  "loops": [],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}