Interest Rate: Year Treasurys

interest rate: Bond buyers usually expect a higher yield when tying up their capital for longer periods, according to Market Watch. But so many people have been buying up 10-year Treasurys fearing an economic slowdown that it drove the yield below that of 3-month T-bills. That's when the interest rate on short-term Treasurys, such as 3-month bills TMUBMUSD03M, 0.00% or 2-year notes TMUBMUSD02Y, 0.00% is higher than on longer-term debt, such as 10-year notes TMUBMUSD10Y, 0.00% or 30-year bonds TMUBMUSD30Y, 0.00% It's rare for short-term instruments to pay more than long-term ones. Yields fall as bond prices rise. The last nine times an inversion occurred, a recession began a year or so later, with only two exceptions 1966 and 1998, according to the Reserve Bank of Cleveland. The worst impact is that an inverted yield curve usually signals a coming recession. (news.financializer.com). As reported in the news.