In recent months, one of the key themes across the fixed income market, the equity market and beyond is the dreaded "I" word: inversion.
More specifically, investors are watching out for a potential yield curve inversion, or when shorter-dated bond yields cross above their longer-dated counterparts.
Chad Morganlander, portfolio manager at Washington Crossing Advisors, told CNBC's "Trading Nation" on Tuesday that he's keeping a close eye on what a potential inversion could mean for the market and how investors should prepare.
Here's what he said.
Bottom line: As the yield curve keeps flattening, an inversion becomes more likely, and Morganlander is suggesting going with less volatile names in equity portfolios.
From CNBC