1 BMO: #Equitymarkets point to a flat open this morning, with most major #NorthAmerican #indices sitting just off record highs. We're also into the thick of #earningsseason, with the likes of #Tesla and #IBM on deck today after #Netflix missed expectations last night.🧵 #markets
2 BMO: #Treasury #yields are little changed with the 10-year starting the day just below 4%. #GoC yields are mostly steady as well, and even 2s didn’t do a whole lot after yesterday’s hotter-than-expected inflation results. 🧵 #markets
3 BMO: The market continues to price in about an 80% chance of a 25 bp rate cut at next week’s #BankofCanada meeting. #BOC #cdnecon #markets