European equity markets were set to open lower on Tuesday, extending a pullback from record highs as bond yields climbed sharply and oil prices advanced. Euro Stoxx 50 futures fell 0.6% and Stoxx 600 futures dropped 0.4% in premarket trade, while the Eurozone 10-year sovereign bond yield rose above 3.2%, its highest level in 15 years. Benchmark 10-year yields in Germany and France also reached multi-year highs, reflecting mounting fiscal and inflation concerns across major economies. Investors were also watching UK jobs data and the Eurozone and Germany ZEW Economic Sentiment surveys for fresh signals on regional economic conditions. There were no major earnings releases in Europe on Tuesday.