India, Sept. 1 -- European stocks declined on Tuesday as rising oil prices and bond yields stoked worries about inflation and interest-rate hikes.
The pan-European STOXX 600 dropped half a percent to 647.73 after falling 0.6 percent on Monday.
A global bond rout deepened, driving sovereign borrowing costs across Europe. Germany's 30-year government bond yield hit a fresh 15-year high while France's 30-year yield touched its highest level since 2008 as traders assessed Middle East tensions and awaited key U.S. labor market data this week for additional clues on the Federal Reserve's rate trajectory.
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