2 BMO: โ€ฆ with gains as high as 6.5% seen for the #KOSPI, while the #CSI300 added 1.5%. #Japan is still closed. #Bondmarkets across the developed world are also in rally mode (except in New Zealand)....double-digit declines in #yields across the board in Europe. #markets
2 BMO: #Energyprices and #Treasury #yields have slipped (10s just below 4.43%). While the #USD index is little changed, the #Canadiandollar is a touch stronger at $1.361 (73.5 cents US). #markets
2 BMO: #Treasury #yields are higher along the curve, in the 2.8 bps to 4.6 bps range (curve flattening). And the #U.S.dollar is a bit firmer (BBDXY +0.07%) with the #loonie softer ( #CAD per #USD +0.10%). #markets
2 BMO: #Treasury #yields are higher along the curve, in the 0.8 bp to 1.5 bp range (curve steepening). And the #U.S.dollar is softer (BBDXY -0.25%) with the #loonie firmer ( #CAD per #USD -0.44%). #markets
BMO: After hitting new highs yesterday, U.S. #equity futures are down 0.5%, while #WTI #oil prices continue to grind higher to above $94 on little progress to restart #U.S.-Iran #peacetalks or reopen the #StraitofHormuz. Ten-year #Treasury #yields are up a few basis points to 4.32%. #markets
1 BMO: #markets are in wait-and-see mode. North American #equityfutures look to recover (by about 0.3%-to-0.6%) from yesterdayโ€™s losses. #Treasury #yields nudged higher at the long end (10s just under 4.26%). #WTI prices have slipped by about a dollar & the May contract is trading around $88/bbl. ๐Ÿงต
2 BMO: Of course, this follows last week's sharp #equityrally that saw the #S&P500 jump 4.5% to a record high. #Yields are a touch higher, with the 10-year #Treasury #yield up about 2 bps to 4.27%, but last week's rally leaves them down almost 20 bps from the late-March high #markets #bonds
Hive hopes: Northern Alberta beekeepers optimistic after years of low honey yields
Apiaries in northern Alberta have experienced challenging seasons for their bees in recent years. The Peace region suffered a 52 per cent drop in honey yields in 2024. Beekeepers are hoping this turns around when harvest rolls around this summer.
https://www.cbc.ca/news/canada/edmonton/peace-region-honey-yields-9.7167452?cmp=rss
Hive hopes: Northern Alberta beekeepers optimistic after years of low honey yields
Apiaries in northern Alberta have experienced challenging seasons for their bees in recent years. The Peace region suffered a 52 per cent drop in honey yields in 2024. Beekeepers are hoping this turns around when harvest rolls around this summer.
https://www.cbc.ca/news/canada/edmonton/peace-region-honey-yields-9.7167452?cmp=rss
2 BMO: #Treasury #yields are lower along the curve, in the range of 0.9 bps to 1.8 bps, despite the improved #risksentiment, reflecting lower #oil prices. The #U.S.dollar is softer (BBDXY -0.08%) with the #loonie firmer ( #CAD per #USD -0.16%) despite #oilprices being down >3%. #markets