(Bloomberg) -- European stocks fell for a fifth day,
the longest rout in three months, after surging bond yields
heightened concern borrowing costs in the region will rise.
Allianz SE, the region's biggest insurer, Barclays Plc and
utility British Energy Group Plc led declines by companies most
sensitive to rising interest rates. BHP Billiton Ltd. led mining
shares lower as copper slid. BNP Paribas SA limited declines
after Les Echos reported Societe Generale SA is studying a
possible bid for its larger banking rival.
Read more at Bloomberg Stocks News
the longest rout in three months, after surging bond yields
heightened concern borrowing costs in the region will rise.
Allianz SE, the region's biggest insurer, Barclays Plc and
utility British Energy Group Plc led declines by companies most
sensitive to rising interest rates. BHP Billiton Ltd. led mining
shares lower as copper slid. BNP Paribas SA limited declines
after Les Echos reported Societe Generale SA is studying a
possible bid for its larger banking rival.
Read more at Bloomberg Stocks News
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