European Shares Hover Near One-Month Low On Inflation, Rate-Hike Concerns

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 Germany’s 10-year bond yield hit its highest level since April 2011, raising expectations of tighter ECB policy.

European Shares Hover Near One-month Low On Inflation, Rate-hike Concerns

European stocks were subdued near a one-month low on Wednesday due to concerns over rising oil prices and bond yields. Brent crude prices rose toward $95 a barrel after the U.

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...