hat metrics would you use to answer the following questions and why?

The bond markets are pricing in the risk of recession in the next 1-3 months?

The equity markets are pricing in the risk of recession over the same time horizon?

Based on the current data (through November 4), how can we answer questions 1 and 2 above? Illustrate your answers using specific data, noting the source of data and its frequency. How much confidence do you feel in using the metrics you selected to answer questions 1 and 2?