> (currently it is 0.18 in Feb 2018)
Note that the 1-year is inverted with the 2-year. So while 10year-2year is 0.18, the 10year-1year is 0.1.
https://www.treasury.gov/resource-center/data-chart-center/i...
The lower-end of the curve is ALREADY inverted. But that's not "the indicator", the 10-year is the indicator that is tracked. Still, seeing the curve invert between 1-year and 5-years is worrysome to me.
This is a less reliable indicator: but when the lower end of the curve inverts, usually the higher end inverts soon afterwards as well.
We've definitely dipped on the 5-year and 7-year. But I'm not aware of any inversion on the 10-year (even an intra-day one). Or was it on the Global Bond market? (I think I recall one story about the global bond market becoming inverted...)
Hmmm... do you have a citation by any chance? I'm definitely interested if you can remember where you saw that data, for the full details of the situation.