European shares regained some poise on Thursday after a three-day selloff, as retreating government bond yields and an overnight slump in oil prices relieved some pressure on equity investors.
The STOXX 600 index was up 0.3% by 0842 GMT, after closing at a six-month low on Wednesday.
Global equities took a hit this week as U.S. and European bond yields surged on bets that interest rates will remain higher for longer, with U.S. economy staying resilient and policymakers claiming rates will not fall anytime soon.
Comments
Post a Comment