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Europe midday: Shares down as US rating cut sends bond yields up

Published by Frank Prenesti on 19th May 2025

(Sharecast News) - European markets opened in the red on Monday after Moody's cut its credit rating for the US sending bond market yields higher, while the European Commission also cut eurozone growth forecasts in response to President Donald Trump's erratic tariff policies.

URL: http://www.digitallook.com/dl/news/story/35089718/...

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