@RedDeerGuy1 It’s called an inverted yield curve, and it does happen, not a lot but often enough that most bond traders have experienced it. What an inverted yield curve means is that most investors believe that short-term interest rates are going to fall sharply at some point in the future.
The last time it was inverted was right before the 2020 recession. There is some concern that it could invert this year.
@Tropical_Willie time to maturity is a critical component of interest rate calculations.