FAST FIVE: Vaccine Hype Redux Sparks Another Big-Tech Buying-Panic, Gold Dumped
Source: Bloomberg TSLA topped $200bn and became the world's largest carmaker by market cap.
Source: Bloomberg Bank stocks underperformed despite a modest steepening of the yield curve.
Source: Bloomberg Treasury yields were marginally higher on the day (up around 2bps across the curve) but on the week 2Y remins flat while the long-end is up 6bps.
Source: Bloomberg The USDollar was lower today, extending yesterday's losses.
And if so, will it be stocks or bonds that are sold.