A sour look in early trades
- German DAX futures -2.2%
- UK FTSE futures -2.3%
- Spanish IBEX futures -2.3%
It's been a while since we got a day like this but the latest COVID-19 variant fears are engulfing markets ahead of the European session.
US futures are also marked down with S&P 500 futures down 1.2%, Dow futures down 1.5%, and Nasdaq futures down 0.6% currently.
Elsewhere, Treasury yields are also sharply lower with 2-year yields down over 7 bps to 0.57% and 10-year yields down over 9 bps to 1.55%.
