TMTB EOD Wrap
Good afternoon. QQQs finished +34bps on a day with some funky action given the end of q rebalance, seeing some reversion of the momentum trade as crowded names underperformed. The rotation was also helped by yields falling 2-6 bps across the curve helping IWM +2.2% outperform. BTC -1.5% while China finished flat and the SOX +1%.
In internet, unloved/sh…
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