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Treasury Yields Climb Amid Market Volatility as Yield Curve Remains Inverted

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U.S. Treasury yields were higher after a volatile day on Wall Street, but the closely watched 2-year/10-year yield curve remained inverted.

That so-called inversion, particularly if sustained, is often interpreted as a warning sign that the economy may be weakening and a recession could be on the horizon. TheThe market has become increasingly concerned about the potential for recession in recent weeks as economic data has weakened, while Federal Reserve Chairman Jerome Powell has committed to aggressive action to fight soaring inflation.

Investors are awaiting the minutes from the Federal Open Market Committee's latest monetary policy meeting, which will be published at 2 p.m. on Wednesday, for indications as to the path of policy tightening.

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