The softer tone carries over to Europe
- German DAX futures -0.7%
- French CAC 40 futures -0.5%
- UK FTSE futures -0.4%
The negative tone from Asia reverberates to Europe in early trades but the only positive thing for risk is that Treasury yields aren't exactly dropping off just yet. 10-year yields are flat on the day at 2.439% currently and that's providing some calm at least to currencies at the start of the session here.
