Futures ease as bond yields stay elevated amid Middle East tensions

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U.S. stock index futures edged lower on Tuesday, weighed by elevated Treasury yields as investors remained wary of the conflict in the Middle East. The yield on the 10-year government bond last stood at 4.6468%. Several policymakers including Federal Reserve Chair Jerome Powell are slated to speak later in the day. San Francisco Fed President Mary Daly said there was "no urgency" to cut U.S. interest rates. Financial firms will be in the spotlight, with Bank of America, Morgan Stanley, and BNY Mellon scheduled to report their quarterly numbers before the opening bell. Tesla shed 2.1% in premarket trading after falling over 5% in the last session. At 5:38 a.m. ET, Dow e-minis were down 72 points, or 0.19%, S&P 500 e-minis were down 8.75 points, or 0.17%, and Nasdaq 100 e-minis were down 20.75 points, or 0.12%.

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https://finance.yahoo.com/news/futures-ease-bond-yields-stay-101332729.html