Those waiting for a full inversion before worrying about recession can start worrying today.

Yield Curve Spreads

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There are too many inversions for me to draw all the arrows. Suffice it to say the 10-year note has now inverted with the 1-month T-Bill.

And from the 5-Year Note through the 1-month T-bill, every duration level is inverted with every duration level beneath it.

We have near-full inversion except for the 30-year long bond.

Recession Time!