(Bloomberg) -- European stocks may decline as bond
yields gained in the U.S., reviving concern that companies and
consumers will face higher borrowing costs.
U.S.-traded securities of Deutsche Bank AG, Germany's
biggest bank, and UBS AG, Switzerland's largest, dropped. Axa SA,
Europe's second-largest insurer, also fell. Nokia Oyj may drop
after Goldman, Sachs & Co. cut its recommendation on the shares
to ``neutral.''
Read more at Bloomberg Stocks News
yields gained in the U.S., reviving concern that companies and
consumers will face higher borrowing costs.
U.S.-traded securities of Deutsche Bank AG, Germany's
biggest bank, and UBS AG, Switzerland's largest, dropped. Axa SA,
Europe's second-largest insurer, also fell. Nokia Oyj may drop
after Goldman, Sachs & Co. cut its recommendation on the shares
to ``neutral.''
Read more at Bloomberg Stocks News
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