The yield curve has now flattened into the danger zone

Quick post here. I caught a tweet by Bloomberg's Lisa Abramowicz this morning noting that the yield curve was at its flattest since the Great Financial Crisis. Looking at the data, I noted that the 10-year bond is trading at only 49 basis points more than the 2-year bond. That is under the 50 basis point threshold I set out in November.
Curve flattening from unresponsive back end
All of the action has been at the front of the curve where the Fed has the most control.

Source: Investing.c...

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