European stocks closed on a weak note on Tuesday as Treasury yields surged higher amid expectations the Federal Reserve will start hiking interest rate as soon as March.
Worries about inflation and concerns over potential supply disruptions due to the attacks on fuel tankers in the UAE by Yemen's Iran-aligned Houthi rebel group hurt as well.
Subscribe to continue reading the article.
This article is part of our premium content offering.Subscribe with a RTTNews subscription.
Subscribe NowAlready subscribed? Sign in
For comments and feedback: editorial@rttnews.com