US futures are indicating a slightly higher open as of 04:05 ET. European equity markets have opened in the negative territory, following lower levels in Asian markets. Bond yield backup continues to weigh on risk sentiment. Rate volatility also leading to tightening of financial conditions as consumers and businesses face higher borrowing costs. Markets now pricing in ~45% probability of another Fed rate hike by year-end.

Companies Mentioned: Meta, Brookfield, Shift4 Payments