Eurostoxx futures -0.3% in early European trading

  • Just a bit of a breather after the gains last week
  • German DAX futures -0.2%
  • UK FTSE futures -0.3%

There are some cautious tones seeping in though, especially with bonds staying more bid. 10-year Treasury yields are down nearly 4 bps now to 4.22% and that is inviting some questions ahead of month-end trading. Is it just some end of month flows or is there something that traders are sniffing out?

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