Global Market: European Shares Hover Near One-Month Low as Bond Yields, Oil Prices Surge
Bond yields hit their highest since 2011 and Brent crude rose above $95 a barrel, deepening inflation worries and rate-hike bets.
9 Articles
9 Articles
European equities declined slightly today Wednesday at closure, affected by high bond yields and rising fears of inflation due to rising energy prices, as tensions continued in the Middle East.
Global Market: European shares hover near one-month low as bond yields, oil prices surge
European shares hovered near a one-month low on Wednesday as rising government bond yields and escalating US-Iran tensions fuelled concerns over higher energy prices and inflation. The STOXX 600 was broadly flat, while Germanys 10-year bond yield hit its highest level since April 2011, raising expectations of tighter ECB policy.
European shares pinned at one-month low as flaring Mideast tensions lift bond yields
Sept 2 (Reuters) - European shares hovered near a one-month low on Wednesday, pressured by a spike in bond yields as escalating tensions in the Middle East stoked worries about energy-induced inflation. The pan-European STOXX 600 was flat at 647.87 p...
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