FTSE futures point to risk aversion in Europe

FTSE futures indicate the stock markets across Europe are likely to have a rough day ahead courtesy of recessionary fears.

At the time of writing, FTSE futures were down 0.80%. Germany’s DAX futures were down 1.34% as well. Across the pond, S&P 500 futures were down 0.66%.

The risk aversion pushed the yield on the 10-yr Treasury note to a fresh record low of 1.347%.