Eurostoxx futures -0.5% in early European trading

  • European stocks eye a slight pullback after the gains on Friday
  • German DAX futures -0.3%
  • French CAC 40 futures -0.5%
  • UK FTSE futures -0.2%

This comes as bond yields are jumping higher as we look towards the session ahead. Treasuries were closed in Asia amid the holiday in Japan but 10-year yields are now marked up by 4.6 bps to 4.233% on the day. US futures are calmer though, with S&P 500 futures seen up 0.2%. So, that is making for a bit of a mixed mood to start European morning trade.

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