European stocks slip as bond yields rise and energy inflation worries grow
European shares edged lower as elevated bond yields weighed on sentiment. The STOXX 600 closed down 0.2% at 645.94 points amid Middle East tensions driving energy-related inflation concerns.
By Sudeshna Ghoshal, Johann M Cherian and Ragini MathurEuropean shares edged lower on Wednesday, pressured by elevated bond yields as escalating tensions in the Middle East stoked worries about energy-induced inflation.The pan-European STOXX 600 TVC:SXXP closed down 0.2% at 645.94 points, after hit…