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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Tue, 11 Jun 2013 11:55:59 GMT

U.K. industrial production rose amid mining in April: economy

U.K. industrial output advanced more-than-expected in April amid rallied output at oil and water businesses. Manufacturing declined following a rise in February and March. Production at factories, utilities and mines climbed 0.1% from March. The U.K. economy is expected to grow and recover and the industrial output report signals the sector will show improvement signs in the second quarter.

Tue, 11 Jun 2013 11:23:06 GMT

Euro bloc bonds drop across board amid stimulus worries

Euro area government bonds declined across the board after investors were concerned that the Fed will scale back its stimulus, that has kept financial markets on float, in coming months. The German bond futures plummeted to 142.43, prolonging Monday's losses and reaching the lowest level since March. Germany's 10-year bond yields were at 1.58%

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