European equities open lower to kick start the day

<ul><li>Eurostoxx -0.6%</li><li>Germany DAX -0.5%</li><li>France CAC 40 -0.8%</li><li>UK FTSE -0.3%</li><li>Spain IBEX -0.6%</li><li>Italy FTSE MIB -0.7%</li></ul><p>It's not a good look with US futures also being smashed at the moment. S&amp;P 500 futures are now down 0.7% with Nasdaq futures down 0.8% and Dow futures down 0.5% on the day. The story is once again higher bond yields, with 10-year Treasury yields at 4.558% currently.</p>

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