LONDON (Reuters) - European stock markets opened lower on Friday as rising yields continued to take their toll while investors waited for a U.S. job data report to shed some light on whether higher interest rate will be required to prevent the economy from overheating.
U.S. Treasury bond yields are on a seven-year high, echoing a market correction in February when rising yields of risk-free government debt made equities less attractive and lowered their value.
The pan-European STOXX 600 <.STOXX> benchmark index was down 0.3 percent by 0738 GMT. Germany's DAX <.GDAXI> also declined 0.2 percent and the UK's FTSE <.FTSE> fell 0.3 percent.
Among top movers was Danske Bank
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