German equities slide 1.1% as inflation worries and yields rise
German stocks fell Tuesday, down 1.1%, as concerns over inflation and interest rates grew. Oil prices climbed, bond yields rose, and weak German retail sales and an accelerating Eurozone inflation report added pressure.
BRUSSELS (dpa-AFX) - German stocks fell on Tuesday, weighed down by concerns about inflation and interest rates as oil prices climbed higher and bond yields rose amid the ongoing conflict between Iran and the U.S.
Weak German retail sales data and a report showing an acceleration in Eurozone inflat…