European shares slid to lowest level in seven weeks after Treasuries declined

Source: Bloomberg
© Scanpix\Reuters
European shares dropped to the lowest level in seven weeks after the Bank of Japan decided to keep the stimulus unchanged and Treasury yields advanced. U.S. index futures and Asian stocks also fell. The Stoxx Europe 600 Index declined 1.6% to 290.5 and the S&P 500 Index futures retreated 0.8%. The yield on the benchmark 10-year Treasury notes rose to 2.26%, the highest since April 2012.
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