US futures edge lower under sustained pressure from bond markets

futures are falling as sustained pressure from the bond market and the release of the Federal Reserve's latest minutes capture much of the attention on Wall Street to start the week.Futures for the S&P 500 and Dow Jones Industrial Average both declined 0.2% Monday. Nasdaq futures dropped 0.3%.High yields can slow the economy by making it more expensive for everyone to borrow money, which undercuts prices for stocks and other investments.Yields are climbing for a range of reasons, including stubborn inflation and high oil prices, ongoing strength in the U.S. economy, as well as rising government debt.The yield on the 10-year U.S.

Treasury was at 5.27% on Monday, while the yield on the 30-year U.S. Both yields have recently surged to more than 20-year highs.That has raised the level of interest for the release Wednesday of Fed minutes from the central bank's September meeting, when U.S. benchmark interest rates were raised for the first time in three years.It will be a busy week for U.S.

Due for release this week are new data covering the health of the U.S. services sector, unemployment and consumer sentiment.Shares of RXO Inc. jumped more than 20% before the market open after C.H.

Robinson Worldwide said it would buy the company in a cash-and-stock deal valued at $5.8 billion. Freight and logistics companies have been raising surcharges rapidly due to inflation and sky-high diesel prices.Skydance-owned Paramount and Warner Bros. Discovery expect to close their $81 billion mega merger on Tuesday.

The combined company plans to change its name to Skydance Corporation and take on the stock ticker “SKYD.”In energy trading, benchmark U.S. crude dipped 0.5% to $90.68 a barrel. Brent crude, the international standard, rose 0.7% to $102.91 a barrel.Oil prices have been yo-yoing lately amid uncertainty about how the war with Iran will reshape the global oil industry.In Europe, France's CAC 40 edged down 0.8% to 7,833.64, while Germany's DAX rose 0.1% to 25,252.67.

Britain's FTSE 100 climbed 0.3% to 10,492.76. Trading was closed in Shanghai and South Korea for national holidays.In currency trading in Asia Monday, the U.S. dollar climbed to 157.91 Japanese yen from 157.83 yen.