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European stocks set to open higher as US bond yields rise; growth concerns linger

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European equities are set to rise at the market open, as the 10-year U.S. Treasury yield came off lows that heightened fears of a recession.

European equities are set to start Tuesday's session in the black, as the 10-year U.S. Treasury yield came off lows that heightened fears of a recession.Britain's FTSE 100 was seen 17 points higher at 7,201, Germany's DAX up 51 points at 11,402 and France's CAC rising 17 points at 5,280, according to IG index data.

Concerns over global growth have heightened recently as data points to slowing economic activity. Disappointing data released Friday out of Europe, along with the Federal Reserve's cautious outlook, have exacerbated those concerns.

 

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