U.S. T- Bill Yield 91-Day (4.62 percent)

The yield curve nudged into inverted territory for a week or so, and as I write today, it is essentially flat.

Short rates have paused for a moment here on a wild upside ride, but the powerful underlying uptrend still shows no sign of easing. It looks to me like it's only a matter of time before we're back in inverted yield curve territory with a vengeance.