the 7year treasury rate traded above the 10year yield on tuesday inverting that part of the curve ahead of wednesdays federal reserves policy decision the 7year rate tmubmusd07y was at 213 tuesday afternoon while the 10year rate tmubmisd10y traded around 212 inversions tend to eventually spread out to more widely followed parts of the curve  like the gap between 2year and 10year rates an inversion of the 2s10s spread is typically seen as a harbinger of us recession