Wall Street set to open lower on global bond rout

Wall Street was set to open lower on Tuesday as a global bond sell-off and concerns over Greece's perilous financial situation weighed on the market. Ten-year U.S. Treasury yields, the benchmark for global borrowing costs, hit their highest since mid-November. "The bond sell-off is knocking the wind out of equities," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York. "With bond yields moving up, this could be the catalyst for the market to cor