The 10-year yield, at its low yield of 1.64% Monday came less than 6 basis points above the 2-year yield, which was at 1.58% in afternoon trading. The spread broke below 10 basis points last week. An inverted curve simply means a shorter-term interest rate is higher than the longer-term one that it is being compared too, and that inversion has been a reliable recession signal.
end partial quote from:
https://www.msn.com/en-us/money/markets/bond-market-close-to-sending-biggest-recession-signal-yet/ar-AAFHZ3A
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