European shares started the final quarter of the year on a weaker footing on Thursday. Investors turned cautious as global bond yields hovered near multi-year highs and concerns about the path of interest rates weighed on risk appetite, according to a report by Reuters.
The pan-European STOXX 600 fell 1% to 628.1 points by 0720 GMT, touching its lowest level since mid-September. Most European sectors declined, with banks among the biggest losers.
