Panel 1 shows the daily movement of the ZCYC. The blue ZCYC in the video represents the yield of 10-year maturity being greater than that of 91-day maturity and the red ZCYC represents the yield of 10-year maturity being lower than that of 91-day maturity.
Panel 2 compares the ZCYC on a fixed date, last trading day of October, across years.
Panel 3 shows the ZCYC term spread.
More details about the methodology and data sources can be found here.