https://quotes.fidelity.com/ftgw/fbc/ofquotes/mmnet/Charts?SID_VALUE_ID=.FVX&navBar=true
the five year yield is has surged to new highs, but the 30 year has not and the short term IRX has not.
not inverted yet, but strange.
if medium term yields surge more, but short term yields are not surging as much, and long yields are not surging as much,... what is the bond market telling us?
Excellent points, graph and question bear!
What do you guys think?