Greg Greenberg at TheStreet.com notes there is little worry over the nearly inverted yield curve. The piece ably recounts how it is we got to this stage in the bond market. It is disturbing to note that many investors and analysts seem to believe it is different this time. Therefore the thinking is that there will be few repercussions from an inverted yield curve.
For those interested in learning more about the yield curve and its relationship with stock should head over to StockCharts.com. They have a cool, free tool that allows users to dynamically view the relationship between the yield curve and stock prices. If that does not impress you the stock charts are excellent as well.