European shares muted as oil and bond pressures offset UK homebuilder rally

By Sudeshna Ghoshal and Purvi AgarwalEuropean shares were little changed on Monday as a rally in British homebuilders was offset by higher oil prices and elevated bond yields, which dampened risk appetite.The pan-European STOXX 600 TVC:SXXP closed flat at 638.68, with most major regional indexes su…