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* STOXX 600 down 0.7%
Sept 26 (Reuters) - European shares extended losses on Tuesday as elevated bond yields pressured the rate-sensitive technology sector, while weakness in China-exposed stocks persisted on slowdown jitters in the world's second-largest economy.
The pan-European STOXX 600 shed 0.7% by 0710 GMT, as the benchmark 10-year Bund yield hit its highest level since 2011.
Technology stocks, whose valuations come under pressure as yields rise, slid nearly 2% to lead sectoral losses.
Rate-sensitive real estate stocks eased 1.3%.
China-exposed luxury stocks such as LVMH and Richemont weakened 1.5% and 2.5%, respectively, amid lingering concerns over the crisis-hit Chinese property sector.
Shares of Rio Tinto slipped 0.4% after its majority-owned uranium unit, Energy Resources of Australia , earlier in the day forecast a material cost overrun and delays related to the rehabilitation of its Ranger mine in the Northern Territory. (Reporting by Bansari Mayur Kamdar in Bengaluru; Editing by Sherry Jacob-Phillips)
