VIDEO: Jay Leno and Jimmy Fallon Sing Duet Mocking Tonight Show Rumors

Feud? What feud? While NBC is reportedly poised to replace longtime Tonight Showhost Jay Leno with Jimmy Fallon, there doesn't seem to be any bad blood between the pair -- a fact they made abundantly clear when they performed a duet together Monday night.

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Set to the tune of West Side Story's "Tonight," Leno and Fallon took turns trading lyrics, poking fun at the speculation that The Tonight Show could move to New York, that Leno's "ratings were alright"  and that he has "Fox on the line, or maybe [he] could take over for Dave."The duet marks the first time Tonight and Late Nighthave collaborated. Watch the full clip below. What do you think of the bit?

Report: Seth Meyers to replace Jimmy FallonEarlier in the night, Leno continued to take jabs at NBC during his opening monologue. Leno said he and the network "have reached a peaceful, amicable agreement that will be beneficial to both sides... April Fools! It will never happen."