The inversion in the closely watched two-year, 10-year Treasury yield curve narrowed on Thursday, with shorter-dated yields falling while longer-dated ones rose, before inflation data on Friday may give fresh hints on likely Federal Reserve policy. The inversion in this part of the yield curve typically narrows and then turns positive when the economy slows as investors price in rate cuts, sending shorter-dated yields down faster than the longer-dated ones. Yields have tumbled in recent weeks on expectations that the Fed is closer to cutting interest rates as inflation moderates faster than was previously ... (full story)