Starting in the middle of 2022 and continuing in the first half of 2023 the 2-year Treasury Note yield was about on average 4% versus a yield of 3.4% on average for the 10-year Treasury Note. Its importance relates to
a. The fact that investors expect economic growth to decline soon
b. The fact, that each recession of the last 60 years was preceded by a yield curve inversion.
c. The fact that it happens contrary to the fact that investors expect to be paid more interest for lending to the government for a longer time
d. All of the above