(Bloomberg) -- European stocks dropped for a second
day on concern rising bond yields will undermine profit growth
and erode demand for equities.
Deutsche Bank AG and Credit Suisse Group led declines by
banks, among the most sensitive to higher interest rates.
Barclays Plc fell after the Financial Times reported the U.K.
bank has prepared a contingency plan for its all-share bid for
ABN Amro Holding NV.
Read more at Bloomberg Stocks News
day on concern rising bond yields will undermine profit growth
and erode demand for equities.
Deutsche Bank AG and Credit Suisse Group led declines by
banks, among the most sensitive to higher interest rates.
Barclays Plc fell after the Financial Times reported the U.K.
bank has prepared a contingency plan for its all-share bid for
ABN Amro Holding NV.
Read more at Bloomberg Stocks News
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