European shares head for first monthly loss in six as higher bond yields weigh

By Sudeshna GhoshalEuropean shares looked set to log their first monthly decline in six on Wednesday, as a surge in global bond yields reduced the appeal of risk assets.The pan-European STOXX 600 TVC:SXXP was up 0.4% at 640.36 points by 0844 GMT. It is down 1.7% for the month and nearly flat for th…