(Bloomberg) -- U.K. stocks fell, led by Aviva Plc,
the U.K.'s biggest insurer, and Barclays Plc as rising bond
yields stoked concern higher borrowing costs may damp companies'
investments.
``Investors are watching carefully the extent to which bond
yields rise,'' said Richard Scott, who helps oversee about $1
billion at Iimia Investment Group in Exeter, England. ``If bond
yields rise further, there will be less scope for mergers and
acquisitions.''
Read more at Bloomberg Stocks News
the U.K.'s biggest insurer, and Barclays Plc as rising bond
yields stoked concern higher borrowing costs may damp companies'
investments.
``Investors are watching carefully the extent to which bond
yields rise,'' said Richard Scott, who helps oversee about $1
billion at Iimia Investment Group in Exeter, England. ``If bond
yields rise further, there will be less scope for mergers and
acquisitions.''
Read more at Bloomberg Stocks News
No comments:
Post a Comment