Invert This!

The inversion of the 2s-10s yield curve has hit another multi-decade high. Is this a signal of functioning "markets" and nothing more or is it, once again, predicting the inevitable recession?

So I guess we'll start there on this fine Thursday morning. Here are your most recent quotes for the US 2-year note and 10-year note:

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Key Economic Events Week of 6/17

6/17 8:30 ET Empire Fed
6/17 1:00 ET Goon Harker
6/18 8:30 ET Retail Sales
6/18 9:15 ET Cap Ute & Ind Prod
6/18 10:00 ET Business Inventories
6/18 1:00 ET Goons Kugler & Logan
6/18 2:00 ET Goon Ghoulsbee
6/19 US Markets closed
6/20 8:30 ET Housing starts
6/20 8:30 ET Philly Fed
6/21 9:45 ET S&P flash PMIs June
6/21 10:00 ET Home sales
6/21 10:00 ET LEIII
6/21 4:00 ET NYSE option expiry

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