1 BMO: #global #markets are rethinking the odds that the #ceasefire will hold and have given back some of yesterday’s gains. Following one of the biggest daily declines (almost $19) on record (outside the pandemic), #WTI #oil prices are up 5% to $99. 🧵
2 BMO: After the #S&P500 surged 2.5% yesterday, #futures are pointing to a moderate decline at the open. However, #ten-year #Treasury #yields are holding steadier at 4.29% after easing 5 bps yesterday. #markets