Equity investors in a buoyant mood in the wake of rising Treasury yields

  • Eurostoxx +1.19%
  • Germany's DAX +0.94%
  • UK's FTSE +0.67%
  • France's CAC 40 +1.57%
  • Italy's FTSE MIB 1.04%
  • Spain's IBEX +1.34%

Equities extending gains from early trading in Europe. The positive sentiment spillover from yesterday's trading is so far continuing onto today as well, and despite US 10-year yields touching a high of 2.94% earlier (now at 2.917%) we're not seeing any signs of jitters in stocks just yet.

US equity futures are also pointing to a positive start in the cash equity market later, and that's helping sentiment in equities as well right now.

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