FAST FIVE: Bond Yields Plunge Most In A Year, Dollar Spikes As Inflation Soars
Growth won the week as traders rotated back from value stocks.
Source: Bloomberg Banks notably underperformed the market this week as yields tumbled.
Source: Bloomberg But, the big story of the week was the collapse in Treasury yields (in the face of a soaring CPI print) as bond shorts were increasingly squeezed.
Source: Bloomberg ETH/BTC saw a big drop on the week (second biggest weekly drop in ETH relative to BTC since Jul 2019).
Source: Bloomberg Tyler Durden Fri, 06/11/2021 – 16:00.