The latest yield curve moves may have investors fretting over a possible recession, but CNBC “Mad Money” host Jim Cramer said it’s difficult to reach conclusions just yet.

Rising Treasury yields came back into the fold where the 3-year note exceeded the 5-year note on Monday, bringing back the notion that an inverted yield curve could be signaling a forthcoming economic slowdown. On Tuesday, the 5-year note ticked lower to 2.817 while the 3-year was unchanged at 2.825 as of 11:20 a.m. ET.

However, Cramer feels investors shouldn’t make decisions predicated on the latest yield curve moves.

“It’s really difficult to try to reach as many conclusions that people want to try and reach because there’s so much that’s happening with the normality of the 10-year (yield), what’s happening globally,” said Cramer. “I think it’s a bit of an anomaly. I certainly wouldn’t make investment decisions off of it yet.”

“I think the fact is the Fed is going to tighten one more time,” added Cramer, regarding the Fed’s rate decision this month, which the general consensus is expecting one more rate hike to end the year.

Inverted yield curve worries added to investor uneasiness as trade war fears also crept back into the markets.

Yesterday, the capital markets breathed a sigh of relief as U.S. President Donald Trump and Chinese president Xi Jinping agreed to cease fire on their tariff-for-tariff battle, giving the markets hope that a year-end rally could ensue. However, it was back to business as negotiations for an ironclad agreement were underway as communicated through a series of tweets from Trump.

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