European Stocks Close Lower as Treasury Yields Rise

European stocks declined on Monday, amid a continuous rise in Treasury bond yields and expectations for a surge in inflation.

The STOXX Europe 600 index fell by 0.36% to close the first session of the week at the level of 413.39 points.

Meanwhile, the German benchmark index DAX closed lower by 0.31%, while the French CAC40 index decreased by 0.11%.

Similarly, the UK’s FTSE100 index finished down by 0.18%.