Bob Iaccino breaks down the morning's market action as U.S. Treasury yields hit their highest levels in a month, pressuring equity futures lower. He covers the latest geopolitical tensions impacting energy markets, with WTI crude jumping above $100 amid news of potential shifts in the Strait of Hormuz blockade. Additionally, Iaccino previews tomorrow's highly anticipated FOMC and Bank of Canada rate decisions, noting expectations for both central banks to hold steady. He wraps up with a look at the massive slate of corporate earnings and key economic data releases on deck.