FTSE 100 (^FTSE)

European stocks edge lower; BHP seeks more time over Anglo bid

European stock markets fell Wednesday, with rising bond yields unnerving investors ahead of the release of key inflation data amid fears of monetary policy remaining tighter for longer. Bond yields have risen in the U.S., Asia as well as Europe amid concerns stubborn inflation will keep interest rates high for longer or even spur additional near-term hikes, particularly by the U.S. Federal Reserve. Minneapolis Federal Reserve President Neel Kashkari said Tuesday it would take “many more months of positive inflation data” to give him confidence it is time to cut rates.