How's the "crazy inverted yield curve" looking today?
Not much different from the picture yesterday
The "crazy" inversion is hovering around ~1 bps and that's not much different from how things were after the flip happened yesterday. That said, Treasuries are continuing their rally into the new day and that is a key spot to watch for markets today.
Of note, 30-year yields are holding at a record low below 2% and down by another 5 bps today. As such, watch out for potential spillover effects to equities and FX later on.