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BUSINESSBloomberg Markets·9h ago

European Stocks Steady as Bond Rout Offsets UK Homebuilder Gains

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European stock markets rose on Monday, driven by a surge in UK homebuilder shares following the announcement of a new government loan program for first-time buyers.

European stocks closed steady on Monday, ceding their earlier gains after 10-year Treasury yields climbed above 5.25%.

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