The above shows the lowest yield curve seen. Note the tremendous drop in the 30 year. It is like selling vodka at a penny per bottle. That was the case in Russia before the collapse.
The above shows the same but at other spots. Look at the 30 year drop.
The above is the spread. It also has been locked at all time lows. Money seems frozen in the banks and not much has changed.
Finally above shows the curve in some detail but the 90 day Treasuries are rising sharply, the reason for the spread drop, not the 30 year alone.