Eurostoxx -0.3%Germany DAX -0.2%France CAC 40 -0.9%UK FTSE flatSpain IBEX flatItaly FTSE MIB -0.2%European indices are starting the week on a slightly softer footing, although the losses are relatively contained outside of France.The CAC 40 is the clear laggard, falling by 0.9% as concerns surrounding France's fiscal position continue to unsettle investors. The pressure is also showing up prominently in French bonds and the euro, with EUR/USD sliding to a 17-month low earlier today.That leaves France looking like its own problem for European markets at the moment, with the spread between French and German 10-year yields widening beyond 150 bps on Friday - the largest gap since 2012. So, that reflects the growing concerns over France's debt outlook and political uncertainty ahead of next year's presidential election.Meanwhile, US futures are also pointing to a more tentative start for now. S&P 500 futures are down just 0.1% following the gains on Wall Street at the end of last week.For now though, the bond market remains the bigger issue to watch. 10-year Treasury yields are hovering around 5.26% despite the softer US jobs report on Friday. That is still a rather uncomfortable level for equities to be dealing with, amid pressure on valuations and also tightening financial conditions.So while European stocks aren't exactly seeing another broad selloff at the open, elevated bond yields and renewed stress surrounding France are still keeping investors on edge. This article was written by Justin Low at investinglive.com.