BNKEP.XD is trading at €378.30 (-3.91%) as global bond yields hit multi-year highs.

  • On October 1, European bank shares fell 3.7%, leading a broad selloff.
  • Higher borrowing costs, energy-driven inflation worries and expectations of elevated interest rates weighed on sentiment.
  • French government bond yields rose sharply as investors assessed the budget outlook. The decline appears sector-wide, driven primarily by macroeconomic and sovereign-risk concerns rather than a single-bank catalyst.