Yield Curve Explained: What Inversion Really Means
What the yield curve is, why inversion has preceded every US recession since 1970, and how to read the current US Treasury curve as of June 1, 2026.
What the yield curve is, why inversion has preceded every US recession since 1970, and how to read the current US Treasury curve as of June 1, 2026.
A plain-English guide to the Treasury yield curve: what it is, the four shapes, why it can invert, and what each shape says about the economy.
Understand the yield curve, what causes inversions, and why they have preceded every U.S. recession since 1955. Includes today’s snapshot.
Learn how the yield curve works, why it inverts, and what historical inversions have meant for the US economy — with verified current Treasury yield data from the Federal Reserve.