{"id":438813,"date":"2026-09-25T14:30:41","date_gmt":"2026-09-25T07:30:41","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/european-stock-market-open-relief-bounce-lifts-stocks-but-higher-bond-yields-keep-the-pressure-on-438813\/"},"modified":"2026-09-25T14:30:41","modified_gmt":"2026-09-25T07:30:41","slug":"european-stock-market-open-relief-bounce-lifts-stocks-but-higher-bond-yields-keep-the-pressure-on","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/european-stock-market-open-relief-bounce-lifts-stocks-but-higher-bond-yields-keep-the-pressure-on-438813\/","title":{"rendered":"European stock market open: Relief bounce lifts stocks, but higher bond yields keep the pressure on"},"content":{"rendered":"<div>\n<ul>\n<li>Eurostoxx +0.8%<\/li>\n<li>Germany DAX +0.6%<\/li>\n<li>France CAC 40 +0.5%<\/li>\n<li>UK FTSE 100 +0.5%<\/li>\n<li>Spain IBEX +0.8%<\/li>\n<li>Italy FTSE MIB +1.0%<\/li>\n<\/ul>\n<p style=\"text-align: justify\" class=\"text-align-justify\">European stocks are bouncing at the open today, but I would be careful about reading too much into the early moves just yet.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">This looks more like a relief bounce after yesterday\u2019s pressure than the start of any cleaner risk-on move. Oil prices are easing a little again, which takes some of the immediate pressure off the inflation story. So, that is giving equities a bit more breathing room. WTI crude is down 1.3% to $93.55 on the day.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">The bigger problem though, is still the bond market. 10-year Treasury yields surged towards 5.20% yesterday, its highest level since 2007, while 30-year Treasury yields hit 5.50% for the first time since 2004.\u00a0That is a rather uncomfortable backdrop for equity valuations, particularly if yields continue to push higher from here.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">As such,\u00a0I would characterise the broader market mood as one of relief rather than outright optimism.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">For now, US futures are also helping to provide some backing to this relief bounce. S&amp;P 500 futures are up 0.1% and Nasdaq futures up by 0.4%, though there is a caveat to tech sentiment as Meta is carrying a lot of the weight in trading this week. The tech giant saw its shares surge by another 4% overnight on the back of the launch of its Muse AI, which investors are still in the midst of evaluating.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">Overall,\u00a0the macro backdrop seems firmly in control. Lower oil prices and Meta&#8217;s outlier performance is helping to keep the broader market mood calmer. But unless bond yields stabilise, the danger that triggered the recent\u00a0selloff is still very much present.<\/p>\n<p style=\"text-align: justify\" class=\"text-align-justify\">\n<p>                            This article was written by Justin Low at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Eurostoxx +0.8% Germany DAX +0.6% France CAC 40 +0.5% UK FTSE 100 +0.5% Spain IBEX +0.8% Italy FTSE MIB +1.0% European stocks are bouncing at the open today, but I would be&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-438813","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438813","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=438813"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/438813\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=438813"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=438813"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=438813"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}