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You Asked, So We’ll Answer   FOQ: They say the “yield curve inverted”? What does that mean? Short: Short-term bonds had higher interest rates than long-term bonds. Long: In particular, last Wednesday morning, the interest rate of the 2-year Treasury note very briefly exceeded the rate of the 10-year note. Think of these notes as CDs at the bank. You’d surely expect to get a higher interest rate from a 10-year CD than a 2-year CD, since you’re locking the money up for so much longer. But for a hot minute, that was not the case. FOQ: Does it matter …