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Biden has "no doubt" the final vote count will hand him presidency

Joe Biden urged "all people to stay calm" at a press conference on Thursday as outstanding votes are tallied, adding, "We have no doubt that when the count is finished, Sen. [Kamala] Harris and I will be declared the winners."

The big picture: The former VP and Harris attended an earlier briefing on the coronavirus outbreak while key states including Pennsylvania, Nevada, Georgia and North Carolina continue to count ballots. President Trump on Twitter has argued vote tallying should come to a halt.

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Fear of missing out on cheap money fuels corporate bond boom

Data: S&P Global; Chart: Axios Visuals

The fear of missing out (FOMO) is alive and well on all sides of the corporate bond market.

What's happening: Much attention has been paid to the impact that rising interest rates have had on equities. But over in bonds — as U.S. Treasury yields inch higher from record lows — companies are racing to borrow money and avoid being shut out of what could end up be a fleeting opportunity for cheap money.

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