1 BMO: #NorthAmerican #equityfutures are pointing 0.6%-to-0.9% lower this morning, while #Treasury #yields are up along the curve (10s +2 bps to above 4.3%). #Oil prices are higher, again, with #WTI sitting just below US$97/bbl. 🧡 #markets
2 BMO: This despite Treasury Secretary Bessent's suggestion that the U.S. "may unsanction the #Iranian #oil that’s on the water" in the coming days. The #USD index (+0.3%) continues to benefit & this morning the #loonie is a touch firmer as well (just below $1.373, or under 72.9 cents US). #markets