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European Stocks Slip as German Data Lifts Bond Yields Further

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(Bloomberg) — European equities fell for the second straight day, touching a three-week low, as accelerating inflation in Germany lifted bond yields and prompted traders to pare bets on central bank easing.

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The Stoxx Europe 600 dropped 1.1% at the close in London, its biggest one-day slide in over a month, with miners as well as travel and leisure underperforming. Among individual companies, Royal Mail-owner International Distribution Services Plc gained after agreeing to a £3.6 billion ($4.6 billion) takeover by…



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