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In early European trading, Eurostoxx futures have declined by 1.2%, reflecting a continuation of the selling pressure observed on Wall Street yesterday.
German DAX futures are down 1.2%.
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French CAC 40 futures have fallen by 1.0%.
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UK FTSE futures are down 0.8%.
US futures are also showing losses today, with S&P 500 futures dropping 0.5% and Nasdaq futures declining by 0.6%.
At present, there has been limited impact on foreign exchange markets, but should bond market activity intensify, it may affect major currencies in the forthcoming sessions.
