Greg Peters, Co-Chief Investment Officer of PGIM Fixed Income, is projecting that, barring a deep recession, the inverted yield curve between 2 and 10 year treasuries is only going to get more inverted.

Unless you really get this harsh recession with inflation coming down pretty rapidly,then I expect the yield curve to remain inverted and continue to get even more inverted. So, I still have this triple digit target between twos tens. I think that's where where we land and that's what we're forecasting.