A snapshot of the closing levels shows:
- STOXX 600 -1.5%
- German DAX -2.2%
- France’s CAC -0.7%
- UK’s FTSE 100 -0.8%
- Spain’s IBEX -1.5%
- Italy’s FTSE MIB -1.6%
The bigger development was in the bond market, where 30-year gilts earlier hit 5.75%, which is the highest since 1998.
This article was written by Adam Button at investinglive.com.