30 Oct 2026 10:18 am
Of course...
The curve inverted in 22 for rather obvious reasons..
The curve has flattened because current inflation is persisting at high levels..it's not because the long end is coming down. Absent the effects of the policies of Big *******, it SHOULD be upward sloping..
The current 2/30 yield curve spread is half its average since 1980...