98 Shades Of Gray! US Treasury 10Y-2Y Yield Curve Inverts To -73.5 BPS, Worst Since 1981 (98 Straight Days Of Inversion)

The Biden Administration is setting all sorts of records. One is the worst inflation rate in 40 years. Another is highest gasoline prices in history (until the latest global slowdown). The list goes on, but here is another one: the US Treasury 10Y-2Y yield curve is now at -72.5 basis points, the more inverted curve since 1981.

This is the US Treasury version of 50 Shades Of Grey.