Europe indexes slip as French unrest adds to investor concerns
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London (UKX) -0.65%.
Germany (DAX:IND) -0.72%.
France (CAC:IND) -1.21%.
The pan-European Stoxx 600 (STOXX) edged 0.62% lower to 640.7, as traders returned from a weekend of major protests in France, with unrest also spreading to major cities in Belgium, Italy and Portugal, weighing on investor sentiment across the region.
Meanwhile, markets remained cautious over geopolitical tensions in Eastern Europe as Moscow and Kyiv continued targeting energy infrastructure.
Coming up in the session: Euro Area trade balance expected shortly.
In the bond market, U.S. bond was down 3 basis points to 5.07%.
France’s 10-year OAT yield climbed towards 4.85%, approaching its highest level in more than two decades, as escalating social unrest and persistent political gridlock intensified pressure on the country’s already battered bond market.
UK's 10-year yield was almost flat at 5.37%.
Germany's 10-year yield was almost flat at 3.41%.
Currencies: (EUR:USD) (GBP:USD) (CHF:USD)
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