1 year T Bond-3.21%
2year…..3.14
3 year…3.14
5 year….3.019
7 year….2..998
10 year..2.906
30 year…3.068
The lower term yields are lower [inverted] than the long-term. That spells trouble.
Investors are taking risk off the stock market by buying short term bonds,due to recession fears.
I wish I knew if the long term bonds will catch up or the short-term bonds will drop due to buying pressures.
The shorter term bonds are anchored to the Fed curve, so as long as the market expects the Fed to keep raising, they are going to stay there.