US equity futures point to a bleak open

<p>Treasury yields are starting to tick higher but are still down on the day. Today's dump in stocks looks more like a delayed reaction to the rout in bonds yesterday combined with uneven flows as we head towards quarter end.</p><p>In any case, S&amp;P 500 futures are down 30.0 points just ahead of the open, or 0.7%</p>

This article was written by Adam Button at www.forexlive.com.