The bond market is 'throwing a curveball' (TLT, TLO)

This could help settle one of the biggest debates in the bond market right now.
US Treasury yields have been falling as strong demand for Treasurys — a safe investment in volatile times — drove up bond prices. On Wednesday, the 10-year yield fell to a record low.
The drop in yields of various durations has flattened the curve that plots them. This flattening is sometimes used as an indicator of a recession.
So we should be worried about a recession, right? Wrong, according to Citi FX