Bank of Montreal CEO Darryl White told Bloomberg Surveillance that market reaction to the US Supreme Court's tariff ruling has been muted. White explained that bond markets had already priced in much of the outcome over recent days, limiting any significant price movements.

Speaking on Bloomberg Television, White noted that the subdued market response reflects investors' anticipation of the court's decision. The Supreme Court's ruling on tariffs represents a significant development in trade policy, with potential implications for corporate earnings and economic growth across multiple sectors.

The Bank of Montreal executive's assessment suggests that market participants had positioned themselves ahead of the ruling, reducing the potential for dramatic swings in asset prices. White's comments provide insight into how major financial institutions are interpreting the tariff decision's impact on market stability and investor sentiment.