European stocks declined on Monday and bond yields rose as last week's red-hot inflation data stoked expectations of aggressive interest rate hikes by the European Central Bank.
Growth worries returned to the fore after a survey showed manufacturing activity across the eurozone declined further last month as a result of rising inflationary pressures and concerns about the economic outlook.
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