This time the curve has become inverted mainly because long-term yields have fallen so much.
ECONOMIST: Bond bombshell
2.
This has led to an oddity what is dubbed an inverted yield curve: yields on long-term bonds have fallen below those of shorter-dated ones (which have barely budged).
ECONOMIST: Bond bombshell
3.
Like many an economist before him, Bernanke seems to have downplayed a telltale omen: the inverted yield curve, in which short-term rates on Treasurys exceed long-term rates.