Stocks slip, bond yields bounce as oil fuels inflation angst – Reuters

Stocks slip, bond yields bounce as oil fuels inflation angst – Reuters

HONG KONG, Oct 6 (Reuters) - From Europe to Asia, shares fell and government bond yields rose on Wednesday as oil prices hit their highest in seven years, fuelling concerns about rising inflation.

The Euro STOXX 600 (.STOXX) fell 1.8%, denting gains made in its best day in 11 weeks on Tuesday, with tech stocks (.SX8P) down more than 2% and Germany (.GDAXI) leading losses at 1.6%.

The mood was set to hit Wall Street, where U.S. futures gauges pointed to losses of 0.9%-1.1%.