Bank of MontrealBMO
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Impact on stocks 1
Financials
Bank of MontrealBank of MontrealUS Treasury yields climbed amid escalating tensions in the Middle East. As of 10:32 p.m. Thailand time, the 10-year yield stood at 4.652 percent and the 30-year yield at 5.141 percent. BMO Capital Markets noted that markets remain relatively steady, as reports of a new ceasefire plan helped pressure oil prices. However, analysts warned that bonds could fluctuate with energy prices and developments in the US-Iran conflict. In the United Kingdom, the 10-year gilt yield rose after Prime Minister Andy Burnham said he would use flexibility within the fiscal discipline framework. Investors are watching the US Purchasing Managers' Index on Friday for signals on the manufacturing and services sectors.
Bank of Montreal