05-02-2018 18:22 via uk.news.yahoo.com

Inflation threat deepens European equity sell-off

European stocks suffered a sharp sell-off on Monday as growing inflation expectations and rising bond yields took their toll on equity markets.Europe's STOXX 600fell 1.6 percent to close at its lowest level since mid-November 2017.Among major European equity markets, only Spain and Italy are still higher than at the turn of the year, with Britain the worst performer.
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