Is the yield curve inverted?

NO

The yield curve is normal by 49 basis points

As of 05-09-2025

What does this mean?

A yield curve inversion occurs when short-term Treasury bonds (2-year) pay higher interest rates than long-term bonds (10-year). This unusual situation is often viewed as a potential indicator of an upcoming recession.

Historically, yield curve inversions have preceded every U.S. recession since 1955, with recessions following 6-24 months after the inversion.

Current Yield Curve

Key Rates

10-Year Treasury Rate

4.37%

2-Year Treasury Rate

3.88%