The current equity rally could be coming to an end soon, at least according to mounting signals from the bond market.
As 10-year Treasury yields continue to fall to new lows, numerous yield curve inversions are a “clear warning” that a topping out process is underway in equities, Societe Generale analyst Albert Edwards said in a note Thursday. He was citing a study done by Lance Roberts, the chief strategist and economist for RIA Advisors.