According to Bpaynews, European stocks ended broadly lower on December 2, with Germany’s DAX falling over 1% amid a steepening U.S. Treasury yield curve. The move tightened global financial conditions and reduced risk appetite, with Bitcoin also declining. Silver reached a record high, while crude oil rose slightly. The DAX closed at 23,589.45 (-1.04%), the CAC 40 at 8,097.01 (-0.32%), and the FTSE 100 at 9,702.54 (-0.18%). U.S. Treasury yields rose sharply, with the 10-year hitting 4.09%.
European Stocks Drop as U.S. Treasury Yields Rise, Silver Hits Record High
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