BLOOMBERG: Market nerves.

The benchmark U.S. 10-year Treasury yield’s rise above 2.7 percent for the first time since 2014 yesterday sent some nervousness into global equity markets. Overnight, the MSCI Asia Pacific Index following U.S. stocks lower, slipping 1.2 percent while Japan’s Topix index closed down 1.2 percent. In Europe, the Stoxx 600 Index was down 0.5 percent at 5:45 a.m. Eastern Time, with energy and financial stocks among the biggest losers. S&P 500 futures pointed to a lower open, the 10-year Treasury yield had recovered to 2.688 percent and gold was slightly higher.