An inverted yield curve is widely seen as an indicator of recession. A normalization of the curve is also not historically a positive sign, as the curve usually does un-invert before a recession hits.

"My fear," said Jeffrey Gundlach, chief executive and chief investment officer at DoubleLine, is that longer Treasury yields ...

A shift in the bond market is raising hope that the U.S. economy will avoid a recession. Don’t count on it. Market watchers saw the so-called yield curve “uninvert” again on Thursday briefly ...

David Kelly, Chief Global Strategist of JPMorgan Asset Management, expects the yield curve to be almost completely flat a year from now. But he says not to worry if it ends up inverted.

An inversion of the yield curve—a chart plotting returns on debt of various maturities—historically has been a sign that a recession is on the way.

As a result, yields of 7 years and longer are now once again higher than short-term yields, and that part of the yield curve has re-un ... by favoring exports (a positive in GDP) over imports ...

However, the narrowing of the yield spread is more than offset by other positive developments such ... the potential impact of an inverted yield curve on NLY’s valuation and profits.