Fascinating Home Mortgage Rate Inversion

Or is it a perversion?  My credit union is offering 30 year fixed at the same interest rate as the 5/1 ARM: 6.625%.

Clearly, interest rates will be dropping in the next several years. I am just too tired to figure out what these differences tell us.

Treasury bond yield-curve inversions signal recession is imminent.  What does a flat mortgage interest curve tell us?

I misread this: 30 year fixed 6.875%.  10/1 ARM 6.625%.  It still tells us something but I do not know what.

Treasury bond yield curve inverted (although not dramaticaly) on March 6th.

That might hint at a coming recession if the slope was more severe