European Shares Slide As Bond Yields Surge On Inflation Concerns

European stocks traded lower as geopolitical tensions persisted and strong U.S. jobs data lifted expectations for a Federal Reserve rate hike this year. Brent crude futures jumped nearly 5% above $97 a barrel, while Eurozone government bond yields also moved higher, signaling a broader risk-off shift across markets.

Analysis

European stocks traded lower as geopolitical tensions persisted and strong U.S. jobs data lifted expectations for a Federal Reserve rate hike this year. Brent crude futures jumped nearly 5% above $97 a barrel, while Eurozone government bond yields also moved higher, signaling a broader risk-off shift across markets.