Equities start to feel the squeeze again as higher yields continue to weigh
<p>S&P 500 futures are now down 0.2% after having kept relatively steadier earlier in the session as higher bond yields are biting at stocks once again now. 10-year Treasury yields are seen up to 4.64% and that is starting to weigh on equities sentiment once again currently.</p><p>European indices have also fallen into the red across the board with the Eurostoxx down 0.5%, the DAX down 0.5%, and CAC 40 down 0.4% on the day.</p><p>In FX, the dollar is surprisingly sitting tentatively lower but that might change around once we get to US trading later today.</p>
This article was written by Justin Low at www.forexlive.com.
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