The 30,000 Foot View of the Yield Curve Is Now the 33,000 Foot View

This is the first time in at least two decades that the quote unquote global yield curve is inverted. The depth of these inversions is pretty much an unprecedented territory. So on a global basis, if you believe that the yield Curve is a precursor to a recession or has forecasting ability, globally we're in a recession. In the US, it's very similar, but it's more pronounced. We are in the abyss of inversion in terms of the depth of it. And then in the breadth of it, we go from the one month to the 30 year. So it's very pronounced. But in general, what's most interesting about the current shape of the yield curve and really