Eurostoxx futures -0.5% in early European trading

• 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.

This article was written by Justin Low at www.forexlive.com.