2 BMO: #Oilprices, however, are relatively well-behaved with #WTI holding around $88, while #Treasury #yields are little changed ahead of this morning's U.S. #CPI print. The #loonie starts the day on stable footing at $1.393/USD ($71.8 US cents). #markets

2 BMO: #Treasury #yields are lower along the curve, as much as 2.3 bps at the front end. And the #U.S.dollar is weaker (BBDXY -0.25%), with the #loonie stronger ( #CAD per #USD -0.15%). #markets

2 #TorstenSlok, chief economist at Apollo Global #Markets: #profitmargins are rising for the #Mag7 but flat for the #S&P493. The bottom line is that #Fed hikes and higher all-in #yields continue to bite for #companies with weaker credit fundamentals … 🧵

2 BMO: … while the #Dow is pointing to a slightly lower (-0.1%) open. #Treasury #yields are higher along the curve, by almost 2 bps at the long end, while the #USD index and the #loonie are little changed. #markets

2 BMO: #Treasury #yields are also mixed, +/-0.4 bps. The U.S. dollar is weaker (BBDXY -0.20%) with the #loonie stronger ( #CAD per #USD -0.25%). These market moves are happening ahead of the latest #employment #reports on both sides of the Canada-U.S. border. #markets

2 BMO: #WTI #oil prices backed down further, and start the day just under $88. #Equitymarkets point to a flat open, and #Treasury #yields are steady with the 10-year sitting at 4.45% #markets

2 BMO: Amid higher #oil #prices (>2.0%), #Treasury #yields are higher along the curve, in the 1.0 to 2.5 bps range (curve flattening). And the #U.S.dollar is firmer (BBDXY +0.18%) with the #loonie softer ( #CAD per #USD +0.21%). #markets