Dollar halts charge as bashed bonds steady

Europe's main stock markets saw a subdued start as the dip in benchmark bond yields knocked banking stocks that have rallied since the rebound in yields has fueled optimism about lending profits. "The momentum of the Trump rally (in bond yields and the dollar) has faded a bit so we are all trying to recover," said Rabobank strategist Philip Marey. There's also (U.S.) inflation data, so if they don't have any negative surprises we are heading for a rate hike." For bond markets that have taken the