India, July 15 -- Despite some upbeat earnings updates from big-name companies in Europe, German stocks shed ground on Wednesday, hurt by escalating Middle East tensions and higher bond yields.
The yield on Germany's 10-year bond rose to 3.172% before easing to 3.156%, still up 0.012% from previous closing level.
Brent crude futures climbed to $86.55 a barrel. Despite easing to $85.21 a barrel, the contract was up nearly 0.6% a little while ago.
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