FAST FIVE: Bonds & Bullion Bid As Meme-Stocks Are Monkey-Hammer'd

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Source: Bloomberg The flip-flopping continues with Small Caps down today and Big-Tech up.

Despite CPI exploding higher, Treasury yields were notably lower on the day, accelerating that dive in the last hours with 10Y leading the drop (on the week -11bps, and the day -4bps).

Source: Bloomberg Cryptos were mixed with bitcoin up modestly and ethereum down modestly.

Source: Bloomberg Gold surged higher after the hotter than expected CPI print (echoing the payrolls miss move).

Source: Bloomberg WTI managed miraculously to end green today after plunging on Iran sanctions headlines.

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