European Shares Hit One Month Low on Rate Fears
European shares fell to a one-month low as rising government bond yields and sticky inflation data reinforced expectations that the ECB will raise interest rates next week.
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Europe's STOXX 600 slipped 0.6% to 647.08 on Tuesday afternoon, hitting a one-month low. The decline came as rising government bond yields and sticky inflation pressured regional markets. European equities faced broad selling pressure following a global bond market downturn and escalating geopolitical tensions involving United States and Iran in the Middle East.
