Economic TimesLean R·
Global Market: European shares slip as rising oil prices, bond yields weigh on sentiment
European shares edged lower on Tuesday as rising crude prices and euro zone bond yields heightened inflation concerns. The STOXX 600 fell 0.2%, while energy stocks gained 0.6% as Brent crude rose to $91.41 a barrel. Germany’s 10-year Bund yield hit its highest level since 2011, while investors awaited the US Federal Reserve’s meeting minutes for interest-rate cues.
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