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The Fed pivot is near, and yield curve inversion has likely peaked. That's usually bad news for stocks, this Fidelity strategist says.

Por: MarketWatch Business March 23, 2023

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And if the Fed is near the end of the rate-hike cycle, it also follows that the days of peak inversion have probably come and gone. The market sure seems to think so — the gap between the 2-year and the 10-year yield reached as much as 1.08 percentage points on March 8, but as of Wednesday stood at just 49 basis points, after SVB Financial, Silvergate and Signature Bank relocated to the big bank regulator in the sky. Deutsche Bank is now... + full article



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