The US Treasury yield curve has been inverted for 723 days, that’s a record for the bond market.
I don’t know why people would pay more for a longer loan than a shorter one, but they do. The difference between 10-year and 2-year Treasuries turned negative on July 6, 2022, and has been that way ever since.
The previous record was made in the late 1970s and lasted for 624 days starting in August 1978.
In the past, when the yield curve was inverted and then un-inverted a recession followed. And historically the longer the inversion the worse the recession.
All the best,
Christian DeHaerm
Outsider Club
https://www.outsiderclub.com/the-housing-market-is-broken/
